How long is a Mortgage Pre-Approval Letter valid for?

The validity period of a mortgage pre-approval letter can vary depending on the lender's policies and the type of loan program you are applying for. In general, pre-approval letters are valid for 60 to 90 days, although some lenders may offer a shorter or longer timeframe.

It's essential to check with your lender about the specific validity period of your pre-approval letter, as it may expire before you are ready to make an offer on a property. If your pre-approval letter does expire, you will need to reapply for pre-approval with your lender.

It's worth noting that even if your pre-approval letter is still valid, the lender may still need to verify your financial information before finalizing your loan approval, especially if there have been significant changes to your credit or income during the pre-approval period.

* Specific loan program availability and requirements may vary. Please get in touch with your mortgage advisor for more information.