How to Get Pre-Approved for a Mortgage

Mortgage Pre-Approval Letter

If you are pre-approved, you will receive a formal mortgage pre-approval letter, detailing the amount you are pre-approved for, as well as an interest rate. You can use this letter to demonstrate the ability to finance a home to a seller. It is only valid for 120 days, however, so if you do not make an offer on a home in that time you will need to get in touch with your lender to issue a new letter. A mortgage pre-approval, while valuable, is not a full guarantee, as information about the property may affect your final application approval.

Interested in Getting Pre-Approved for a Home Loan?

All loans are subject to approval.

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