prequalification. Definition + Create New Flashcard; Popular Terms. Preliminary stage in a bidding process where it is determined if an applicant has the requisite resources and experience to complete the job as required.. Browse Dictionary by Letter:.
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(f) Application means an oral or written request for an extension of credit that is made in accordance with procedures used by a creditor for the type of credit requested.The term application does not include the use of an account or line of credit to obtain an amount of.
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Pre-qualification is a popular marketing tactic for creditors seeking to obtain new customers. It is a relatively simple process that allows a creditor to contact a potential borrower with.
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Here’s a look at 28 must-read VA loan tips to help VA homebuyers get the most from their hard-earned benefits.
A prequalification letter won’t impress sellers if you are trying to buy a house. They or their real estate agents will know that the prequalification does not provide any concrete answers to what you could afford.. "What Does Prequalify for a Mortgage Mean?".
President Trump has called attorney general william barr’s summary of the Mueller report a "complete and total exoneration." Barr says there was no collusion between the Trump campaign and Russia in.