The busy spring homebuying season is heating up, and rates are finally coming down from the year's highs. If you're planning to buy a home, you now may be wondering how to stand out among the crowd.

Prequalification is a simple, quick process that provides a general indication whether you would qualify for a mortgage. Preapproval requires providing extensive documentation regarding your income, ...

(NewsNation) — When it comes to buying a home, the terms “prequalified” and “preapproved” are often used interchangeably, but they’re not the same. Getting prequalified for a mortgage is an informal ...

Understanding credit card prequalification and preapproval can help you make informed decisions when considering new credit offers, potentially saving you time and minimizing the impact on your credit ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (NewsNation) — When it comes to buying a ...