12/05/2023
Strike While the Iron’s Hot: Your Pre-Approval is valid for 60-90 Days! Just like the freshest opportunities, lender pre-approvals have a shelf life.
A lender pre-approval for a mortgage typically lasts for 60 to 90 days because it’s based on your financial snapshot at that particular moment. Factors like your income, credit score, and debt are evaluated during the pre-approval process. Given that financial situations can fluctuate, this timeframe ensures that the information used for the pre-approval remains accurate and relevant. After this period, changes in your financial status might require your lender to re-evaluate your eligibility for the loan. This is easy peasy though because your lender will let you know when it’s time to provide new information to them. ☺️
Knowledge is power! Choose a lender that cares!
Rian Barraza
NMLS #2258943
[email protected]
https://rianbarraza.leader1.com/apply-online
913-201-6261