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For more information on Advanced Standing go to the Advanced Standing Application Guidelines.
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But that was more than a decade ago.
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From a supply and demand standpoint, yields in liquid assets have declined due to greater demand and limited supply, while yields in less liquid parts of the market have increased due to lower demand.
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Pre-qualification is neither pre-approval nor a commitment to lend; you Conditional approval is subject to satisfactory appraisal and title review and no change in financial condition.
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This has to be done before 7:00 PM EST Monday through Friday to ensure that the funds will be deposited the next business day.