How Long Is A Pre-Approval For a Mortgage Good For?

We’ve got you covered! In today’s blog post, we’re unraveling the mystery behind How Long Is A Pre-Approval For a Mortgage Good For?

Whether you’re a first-time homebuyer or looking to refinance, understanding this crucial timeframe will help you navigate the real estate market with confidence. So let’s dive in and explore everything you need to know about the lifespan of a mortgage preapproval – trust us, it’s definitely worth knowing!

A mortgage preapproval is a document from a lender that shows they are interested in lending you money to buy a home. A pre-approval is good for a certain amount of time, usually around three months. After that time, the lender may no longer be interested in your loan and may not approve you for a mortgage.

What is a Pre-approval for a Mortgage?

A preapproval for a mortgage is good for up to 90 days. After that, the bank may require additional documentation or an appraisal to approve the loan.
A pre-approval is preliminary approval from a lending institution for a mortgage loan. It helps to speed up the process by confirming that you have the ability to repay the loan.

How long is a Pre-approval good for?

A pre-approval is good for a limited time. The mortgage company may require you to provide updated information, such as your current income and credit score, within a set number of months. After that, the preapproval may no longer be valid.
Contact your mortgage company for more information about the preapproval process.

Important Points to Remember when Applying for a Pre-approval for a Mortgage

When applying for a pre-approval for a mortgage, it is important to remember that the approval process can take up to two weeks. During this time, your lender will conduct a review of your credit report and home history.

Make sure you have all of the required documents ready when you apply, as mistakes can delay the process. Be aware that if you are approved for a preapproval but do not follow through with closing on the house within six months, your preapproval may expire and you will need to reapply.

Another important thing to keep in mind when applying for preapproval is that you should not expect to be approved for a mortgage if you have bad credit or no credit. Your lender will want to see that you have taken steps to improve your credit score.


Preapproval for a mortgage can be good for anywhere from six months to a year, depending on the lender and your credit score. If you’re looking to get a mortgage as soon as possible, it’s best to speak with a lender about preapproval guidelines so you know what is possible.

Generally speaking, longer preapprovals are more common for borrowers with better credit scores. A pre-approval can help you get a mortgage sooner, but it is not a guarantee. A lender will look at your credit score, current income, and other factors to determine if you are a good risk.

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