A mortgage preapproval is a statement of how much money a lender is willing to let you borrow to pay for a home. Getting ...

The lender will begin the underwriting process on your loan and issue a commitment letter if you're on track for approval. Note that mortgage commitment letters, like preapprovals, have an ...

CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

branch manager at Fairway Independent Mortgage Corporation. You can watch as homes come on the market and will be better prepared to make an offer. "If you got pre-approved in the past ...

With Rocket Mortgage, a tool from online lender Quicken Loans, you can be approved in as little as eight minutes, say its developers, by providing details about income, assets and the property you ...

Securing a mortgage is a significant step toward homeownership, and the process can be both exciting and daunting. One of the most critical factors in this journey is getting approved by a lender.