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What is Pre-Approval and does it cost money to get Pre-Approved?

April 26, 2017COST money pre-approval pre-approved

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What is Pre-Approval and does it cost money to get Pre-Approved?

1 Answer

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10 Posted

Pre-Approval is free. Pre-Approval establishes an amount that you can spend on a home. Once Pre-Approved you can make an offer on a home. The Pre-Approval letter shows the seller that you are able to purchase their home.