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Frequently asked Questions and Answers
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Why do I have to be prequalified
for a mortgage before I start looking for a home?
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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.
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Answered by
Mark Phipps of Orlando,
Florida |