You will be a standout candidate to Sellers while shopping with a Pre Approval Letter!
This is where the lender reviews your application, and gives a Loan Estimate.
This is where your Loan Officer will verify all information on your application, and submit it for Approval pending conditions.
This is where the Underwriter grants approval for your loan, in most cases.
This is when you have met all conditions and requirements necessary to close!
This is where you sign closing docs, and pay closing costs.