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Frequently asked Questions and Answers


Question Why do I have to be prequalified for a mortgage before I start looking for a home?


Answer By getting prequalified first you will find out exactly what financing program will be better for you, as well as how much house you can afford, how much cash you will need for closing, if you qualify for any special programs, what interest rate you will get, and most importantly, how much your monthly payments will be.

Answered by



Mark Phipps of Orlando, Florida
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