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  2. Prequalified vs. preapproved: What’s the difference? - AOL

    www.aol.com/finance/prequalified-vs-preapproved...

    The main difference between prequalified and preapproved: Preapprovals hold more weight when trying to buy a home. Prequalifying involves providing some basic financial info to get a general idea ...

  3. What’s the Difference Between Being Prequalified and ... - AOL

    www.aol.com/difference-between-being-pre...

    Buying a home is intimidating, to say the least. Being able to afford one is hard enough, and if you get past that hurdle, it’s on to dealing with a hot housing market, getting an offer accepted ...

  4. Pre-approval - Wikipedia

    en.wikipedia.org/wiki/Pre-approval

    In lending, a pre-approval is the pre-qualification for a loan or mortgage of a certain value range. [1]For a general loan a lender, via public or proprietary information, feels that a potential borrower is completely credit-worthy enough for a certain credit product, and approaches the potential customer with a guarantee that should they want that product, they would be guaranteed to get it.

  5. GM Financial - Wikipedia

    en.wikipedia.org/wiki/GM_Financial

    General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.

  6. How Much an Auto Loan Will Cost You for a New Car in These 4 ...

    www.aol.com/much-auto-loan-cost-car-191514996.html

    In Alabama, the total and average cost of an auto loan for new cars is $47,427, while the monthly payment is $765 on average. A detailed look at the cost indicates that it will cost a truck ...

  7. Pre-qualification - Wikipedia

    en.wikipedia.org/wiki/Pre-qualification

    In a mortgage context, pre-qualification denotes a process that has not yet been underwritten by the lending institution. Typically, subprime lenders will allow 50% DTI. . Common monthly debts used for calculating DTI are mortgage (or new mortgage payment), auto payment(s), minimum credit card payment(s), student loans, and any other common monthly or revolving debt that is on the applicant's ...

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