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WHAT DOES BEING PREAPPROVED MEAN?

With preapproval through PURCHASE POWER Plus, we verify the information you provide about your finances. We then provide you with a commitment letter that states that, subject to certain conditions, you will be approved for a specific loan amount and loan program. This allows you to shop with confidence, as sellers often prefer buyers who are preapproved when they bid on a home. Get preapproved now – call a Home Loan Specialist at 1-800-700-9212.