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These programs have been in place to help firsttime home buyers, occasionally with minimal revenue, with expenses linked to closing and down-payment expenses. 3.) Not finding a pre-approval from the bank. Most home buyers can confuse a pre-approval having a prequalification. When you‘re pre-approved for a loan, this means you have recorded every one of the paperwork that is appropriate and have already experienced the method of applying and have been authorized, . This means you already have that loan arranged for the purchase of the property.
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