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    New home search in California is made much easier with a mortgage loan pre-approval that lets you know the maximum amount obtainable.

    With a California home loan pre-approval letter, real estate agents are more inclined to work with you, and show properties in the specific price range of the maximum mortgage. Sellers and listing agents also take an offer more seriously if the home mortgage loan is already pre-approved.

    Many first time home buyers confuse being “pre-qualified” with “pre-approved.” Pre-qualification is a casual process, where the potential buyer how much may be borrowed based on income, existing debt, and cash down payment.

    A pre-qualification may be a form letter or personalized, but will contain disclaimers to protect the lender in case the b

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    home loan pre-approval letter, real estate agents are more inclined to work with you, and show properties in the specific price range of the maximum mortgage. Sellers and listing agents also take an offer more seriously if the home mortgage loan is already pre-approved.

    Many first time home buyers confuse being “pre-qualified” with “pre-approved.” Pre-qualification is a casual process, where the potential buyer how much may be borrowed based on income, existing debt, and cash down payment.

    A pre-qualification may be a form letter or personalized, but will contain disclaimers to protect the lender in case the

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    . Sellers and listing agents also take an offer more seriously if the home mortgage loan is already pre-approved.

    Many first time home buyers confuse being “pre-qualified” with “pre-approved.” Pre-qualification is a casual process, where the potential buyer how much may be borrowed based on income, existing debt, and cash down payment.

    A pre-qualification may be a form letter or personalized, but will contain disclaimers to protect the lender in case the

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    eing “pre-qualified” with “pre-approved.” Pre-qualification is a casual process, where the potential buyer how much may be borrowed based on income, existing debt, and cash down payment.

    A pre-qualification may be a form letter or personalized, but will contain disclaimers to protect the lender in case the

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    A pre-qualification may be a form letter or personalized, but will contain disclaimers to protect the lender in case the borrower fails to qualify. Some real estate agents feel that pre-qualification letters say little more than you have contacted a California mortgage company. Before a lender will make the loan, a formal loan application will be required.

    In contrast, pre-approval letters have far more validity and indicate to the seller that the borrower has passed the credit check and have preliminary loan approval. To obtain pre-approval letter a formal loan application is submitted with all the relevant documentation. Everything is verified and credit is checked, then the California mortgage lender agrees in writing to make the loa

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