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Really? The other "subject to" conditions are very easy for the borrower to control eg income/updated financial statements etc IMO the preapprovals are brilliant in terms of knowing the loan amount you are after, knowing the budget or brackets on how much you can spend. Finally I believe a...

I dont know why people sign contracts before getting a preapproval. A preapproval will provide you the confidence knowing how much you can borrow and when you do sign the contract, really the only condition involvled in most cases is a potential valuation...