Do Mortgage Pre-Approval Letters Expire?
One of the options open to a homebuyer in securing a mortgage loan for their home purchase is pre-approval. It is a smart strategy to help communicate to the seller that a buyer is serious about a home purchase and to help the process of finalizing the home loan go more smoothly after an offer has been accepted on a home.
When a buyer goes through the pre-approval process, they receive a pre-approval letter.
Do Mortgage Pre-Approval Letters Expire?