What Does Conditional Approval Mean for Your Loan Application?
What is Conditional Approval for a Loan Application? When applying for a loan, whether for a home, car, or investment property, you may come across the term ‘conditional approval’. It’s a crucial step in the loan process and a term every borrower should understand. Let’s dive into what conditional approval is, how it works, and what it means for you as an applicant. What is Conditional Approval? Conditional approval is preliminary approval given by [...]