Definitions for "Pre-qualification"
The process of providing an informal, non-binding opinion of how much money a prospective borrower will be eligible to borrow.
The process of using financial information to give you an estimate of the mortgage amount you can afford.
MP] Same as Qualification.
Keywords:  drawback, thumb, interview, step, phone
a good start as a rule of thumb as your first step in purchasing a home however the only drawback is there is no obligation to make a loan
an interview over the phone (or in person) with a loan officer
A rigorous review performed by the surety to certify that a contractor is capable of performing the work in accordance with the terms and conditions of the contract.
The process by which bidders demonstrate that they have the technical skills and financial resources to carry out the services the customer requires.
a simple calculation that considers several factors, but primarily your income
Keywords:  analysis, another, name, mortgage
Another name for a Mortgage Analysis.