The difference between pre-qualification and pre-approval
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Getting pre-approved is not the finish line. Between pre-approval and closing, your lender may continue reviewing your credit, income, employment, assets, and documentation. Something that seems completely harmless to you can jeopardize your mortgage, delay your closing, or, in some cases, cause you to lose your loan approval. Follow your lender’s professional guidance throughout the process and don’t make financial changes without understanding how they could affect your loan. Save this for lat
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