Common Mortgage Terms
COMMITMENT
Appraisal; Income assets and credit are reviewed by a direct underwriter (or government underwriter) and approved for closing
PRE-APPROVAL
Income, assets and credit are reviewed to ensure accuracy and minimize fallout
PRE-QUALIFICATION
Letter which lays out a possible scenario for the purchase of a property
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Ace Mortgage Loan Corporation provides quality mortgage services to the people of Broward and Palm Beach Counties. Call us today at (954) 777-4774 to get started!