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NYC > Q&A > lender

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What is the difference between a mortgage contingency and a funding contingency?

What is a mortgage contingency and why would I want one when purchasing an apartment?

What information and paperwork do I need to provide to obtain a mortgage pre-approval letter from a lender?

What is the difference between being pre-qualified and pre-approved for a mortgage loan? Which is better?

If a seller refuses to allow me, as the buyer, to include a mortgage contingency in the terms of the contract, what are my options to proceed, if any?

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