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Frequently Asked Questions Below is a list of Frequently Asked Questions. Clicking on the links will provide you with the answers... What is the difference between being prequalified and preapproved for a loan? The difference between being prequalified and preapproved is simple ... [ more ] How can I figure out my debt-to-income ratio? To figure out where you stand on the debt-to-income ratio, you must first understand the meaning of the figure. Most lenders use the ratio 28/36. The first number ... [ more ] How much money can I borrow to buy a home? To begin, you'll need to figure out what your gross income is (before taxes) monthly and yearly. To get a quick ballpark figure ... [ more ] What is an escrow officer? An escrow officer - also known as a loan officer - is the person that walks you through the closing process ... [ more ] What is a REALTOR®? [ more ] Why should I use a real estate agent? [ more ] How big is an acre? [ more ] |
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