Definition
Pre-Approval
A lender’s conditional commitment based on verified income, assets and credit. Substantially stronger than a pre-qualification.
Nearby terms
Points
See discount points.
Portfolio Loan
A loan a lender keeps on its own books rather than selling, allowing underwriting flexibility outside agency guidelines.
Pre-Qualification
An informal estimate based on unverified information.
Prepaid Interest
Interest from the closing date to the end of that month, collected at closing.
Ready when you are
See your real numbers before you fall in love with a house.
Live rates, a full cost breakdown, and a pre-approval you can shop with. It takes a few minutes and it does not lock you into anything.
No fee · No obligation · Pre-approval typically under an hour · Call or text 24/7 · NMLS 2705737