A mortgage approval is a loan application that has been reviewed and approved by an underwriter. Most of the pre-approvals that you see today are in fact a "loan originator opinion letter." Loan ...

Sometime between now and 2.5 years from now, my wife and I would like to buy a house. We love where we live now, and would like to stay here. The problem is that it's expensive. There *are* houses ...

According to the company, this new offering enables consumers to complete an online application and follow a guided workflow to select home loan options. After confirming that they understand the ...

Learn what you need to speed up the approval process Mortgage lenders offer pre-approval letters to buyers they believe can repay their loans. However, unlike mortgage pre-qualification, the ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US ...