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By Craig Johnson

What It Means to Be Conditionally Approved

Add conditional approval to the many possible stages of qualifying for a home loan. We explain what it is.

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When you apply for something only to be told that your are conditionally approved, you might be confused and left with a big question: What does conditional approval mean? Is it different from regular approval or a sign that you haven't made the cut yet? Although it may seem unclear at first glance, conditional approval simply means that your appli...
mortgage