Sentence examples for prequalification based from inspiring English sources
"There are banks that can do a statement of prequalification based on certain things happening in, say, six months or two years," said Danielle Babb, the author of "The Accidental Landlord" (Alpha Books, 2008), which discusses these transactions.
Many lenders can also provide a "prequalification" online, based on unverified information provided by the buyer.
WHO then based its prequalification on the dossier assessment reports done by the DCGI and Health Canada instead of performing an independent evaluation of the dossier, testing of samples, and site audit of the manufacturing facilities.
The bank instead recommends that borrowers first seek a prequalification, a less rigorous assessment of how much they can afford to borrow based on unverified financial data, though the bank says it sometimes involves a credit check.
Prequalification: An estimate of your ability to qualify for a loan given by a lender based on your credit worthiness, income and assets but without a complete proof of all assets.
I was outraged since there is no charge for prequalification".
The contractor prequalification problem is used as an example.
But submitting prequalification applications to a number of online mortgage sites can be counterproductive.
Say you apply for a mortgage or prequalification letter to buy a home.
