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Poll: Are mortgage pre-approvals becoming obsolete?

Buying a home always began with a mortgage pre-approval, but new data suggests that may be a thing of the past. Big banks are eliminating this step in the process as popularity has been declining since 2007. Private lenders may beg to differ. What do you think?
Results by voter:
Mortgage Professionals

Poll started 12:00AM Nov 12
Poll ended 12:00AM Nov 19

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See why big banks have begun "abandoning mortgage pre-approvals".

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