Does a Mortgage Pre-Approval Expire? Not Exactly.

A lot of buyers are told their pre-approval is “good for 60 to 90 days.” While that’s not entirely wrong, it’s also not the full picture. A pre-approval doesn’t really expire in the way people think. What actually expires are the documents used to support it. What’s Really Going On A pre-approval is based on a snapshot of your financial situation at a specific point in time. That includes your…