A: The mortgage application process can take anywhere from 30 to 60 days, depending on the lender and the complexity of your application. However, by following the tips in this article, you can simplify the process and get approved faster.
Q: What is the difference between pre-approval and pre-qualification?
A: Pre-approval is a more formal step in the mortgage application process. It involves a credit check and a review of your financial documents. Pre-qualification, on the other hand, is a less formal process that simply gives you an estimate of how much you can borrow.
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