Return to course: Intro to Mortgage Process
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Intro to Mortgage Process
Preapproval
Prequalification versus Preapproval
What and Why
Initial Documents
Preapproval Quiz
Improving Your Credit
House Shopping
Mortgage Application
Loan Processing
Underwriting
Closing
Preapproval Quiz
A preapproval is required to make an offer on a house
*
True
False
A preapproval makes your offer stronger and sellers take it seriously
*
True
False