But mortgage pre-approval letters do have an ... Lenders may use the terms "pre-qualification” and “pre-approval" interchangeably. In some cases, a pre-qualification may be a separate, less ...

Rocket Mortgage originates a significant volume of first-time-buyer-friendly FHA loans. It also offers a low-down-payment mortgage and gives qualified buyers help with closing costs.

FHA loans are backed by the government (the Federal Housing Administration), but FHA-approved lenders set their own requirements for borrowers to get pre ... mortgage and gives qualified buyers ...