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pre-qualification - The process of determining how much money a prospective home buyer will be eligible to borrow before he or she applies for a loan.Also check out Mr. Thifty's Guide to Shopping for a Mortgage About Mr. Thrifty: Mr. Thirfty's goal is to help others make the most out of their financial resources through education, suggestions and humor. If you like what you see, tell your friends about Mr. Thrifty!
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