pre-approval letter
(US, finance) An official document confirming that an applicant for a mortgage has been qualified to borrow a certain amount of money at, or below, a specific interest rate.
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(US, finance) An official document confirming that an applicant for a mortgage has been qualified to borrow a certain amount of money at, or below, a specific interest rate.
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Semantically related
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(US, Australia, banking, finance) A loan or mortgage where the borrower provides only limited proof of their income.
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(US, finance) An affidavit stating the purpose for a proposed loan.
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(US, healthcare) A requirement by a health insurance companies that patients obtain approval before receiving certain medical services, procedures, or medications.
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(US, legal) A written agreement between a prosecutor and a defendant or prospective witness, allowing the latter to give the prosecutor information about an alleged crime, while limiting the prosecutor's ability to use that information against them.
- 53%
(US, finance) Occurring before the realization of money or other assets.