Understanding what to do after home loan approval is crucial to ensure everything runs smoothly until settlement day, when you’ll officially take ownership of your new home. Jump to 1.

The most common type of home-buying loan issued in the United States is a conventional mortgage, ... You are able to secure final mortgage approval; 3. Apply for a Mortgage .

Lenders aren't required to give you a mortgage just because you're pre-approved. Lenders may deny you if your financial ...

A mortgage approval that's conditioned on an appraisal, for example, could end up being denied if the home is found to need extensive repairs or if the value is much lower than expected.

Pre-qualified and pre-approved sound interchangeable, but these words signal distinct checkpoints in the mortgage process. While pre-qualification can be a useful first step in understanding your ...

While home improvement loans typically cap at $50,000 to $100,000, you’re able to borrow up to 85% of your home's equity (primary mortgage and home equity loan combined).