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Updated about 6 years ago,
Pre qualification letter
Please explain the pre qualification process on a loan. I currently filled out a questionnaire from a broker but now he is asking to completea , “document checklist with a list of documents needed for your loan qualification once you find a house. “ can I submit that even though I have not started looking? I thought that was purpose of a pre qualification letter; to Show an agent proof that you qualify. Please clarify. Many thanks.