CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the underwriting process and finally closing.

A mortgage preapproval is a statement, usually a document or letter, indicating how much money a lender is willing to let you borrow to pay for a home. Awarded after an application ... 36% or less to ...

A qualified mortgage is a mortgage ... payments over 43% of pre-tax income, that the lender has not charged more than 3% in points and origination fees, and that the loan has not been issued ...

When you’re ready to buy a home, pre-approval is an important part of the process. You talk to a lender who will go over your situation and then give you a pre-approval letter. The letter helps ...

applying for a mortgage loan. However, before you can submit a loan application and buy a home, there's a good bit of preparation to be done. Here's what to expect when applying for a mortgage ...

"However, in practice, most cases of VA loans usually only involve two persons: one veteran and a spouse," says Alexei Morgado, a Realtor and founder of Lexawise, a real estate exam preparation course ...

Pre-qualification is typically the first step in the mortgage process ... to provide you with a specific loan amount.) This process, along with your application, usually involves: The lender ...

Please contact the issuer for preapproval or pre-qualification ... you can submit a short application to determine which cards you’re most likely to qualify for. When card issuers offer this ...

Getting a home loan from 21st Mortgage Corporation differs from most mortgage application processes. Before you apply, you need to find a mobile or manufactured home and sign a purchase agreement ...

That's especially true if you have a strong credit score and overall application ... the lifetime of the loan. Find the best mortgage refinance rates that you can qualify for here now.

"Your credit score is one of the most important factors lenders consider when underwriting your loan application. The higher your credit score, the more likely you are to qualify for a loan ...

Unless you qualify for a no money down home loan ... The mortgage application process This is the first step in getting a mortgage and is sometimes called pre-approval. You'll provide the lender ...