Prequalifying for a Home Loan 101

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Don’t Let the “Lender Lingo” Deter You Buying and financing a home for the first time can be a bit intimidating. Mortgage lenders certainly have their fair share of “lender lingo” that seems foreign to most. Debt ratios, loan conditions, amortization, annual percentage rate…why all the jargon? Lenders aren’t the only industry with their own trade talk, but when it …