Getting pre-approved for a loan can be a valuable step when preparing for a major purchase like a home or car, as a pre-approval gives you an idea of how much financing you may qualify for ...

"If you got pre-approved in the past, more than likely, there is an expiration on that approval. It's recommended if you're dipping your toes back in the market, you talk with your lender to re ...

However, there is another option. The other alternative is to avail a pre-approved loan. In this case, you already have an offer of loan, and you only need to accept it to be able to receive the ...