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How To Get Preapproved For A Home Loan

Preapproval is usually the first step in getting a home Loan or mortgage. You don’t have to go through this process, but it’s often a good idea. That’s because preapprovals involve only soft credit checks and can help you avoid hard inquiries that do negatively impact your credit. So if you’ve been thinking, “Does getting Preapproved hurt your credit?” Happily, the answer is no. Preapproval doesn’t take points off your credit score.

Let’s look at the advantages of home Loan Preapproval and how to get through the process successfully.

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Before you put your home on the market, make sure you can buy a new one.
Getting pre-approved early in the process can make your path to buying your dream home smoother and easier. Select your state to get started!
HawaiiAlaskaFloridaSouth CarolinaGeorgiaAlabamaNorth CarolinaTennesseeRIRhode IslandCTConnecticutMAMassachusettsMaineNHNew HampshireVTVermontNew YorkNJNew JerseyDEDelawareMDMarylandWest VirginiaOhioMichiganArizonaNevadaUtahColoradoNew MexicoSouth DakotaIowa


This post first appeared on The Better Credit Score, please read the originial post: here

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How To Get Preapproved For A Home Loan

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