This answer can be nuanced. First, is the short answer. Your Credit Report is good for four months.
But that doesn’t mean everything is okay for that entire period of time, nor does it mean all of your information is void the day after.
With so many variables we like to say, “the less you change, the longer your pre-approval lasts.” If you don’t change your job or your spending habits, then it’s likely you’ll be in good standing beyond that four-month period.
But with variables such as tax rates, interest rates, and other factors, pre-approvals often need to be supplemented or altered.
Because your pre-approval is so dynamic, we verify you’re in good standing before sending out a personalized pre-approval letter for each property you want to make an offer on.
In short, we will stay in touch with you so that we have your current information. That way, we know your pre-approval is valid when you are making an offer on your dream home.
If you want to discuss a pre-approval process further, reach out to our team to chat!
“Whether you’re a first-time homebuyer or experienced homeowner, our team is committed to making your home ownership journey stress-free and easy for you.”
A Home Mortgage Lender located locally in Charlotte known for it’s customer satisfaction and efficiency.
Serving Charlotte, Cornelius, Huntersville, Matthews, Pineville, Fort Mill, Tega Cay, Rock Hill and surrounding areas with all their Home Loans, Home Refinance, Home Purchase, and Mortgage needs.
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