Looking to buy a home? A pre-approval is a conformation from a lender that you qualify for a mortgage loan based on your income and credit history. The pre-approval typically specifies the term, interest rate, and loan amount of the mortgage and is valid for up to 120 days (conditions may apply).
​If you are in the market to purchase a home, obtaining a pre-approval can be a valuable tool in making your offer stand out and can be the first step in the home purchase process.
