Home / Mortgage pre-approval / Questions
Does pre-approval guarantee a loan?
Short answer
No. Final approval depends on the home’s appraisal, your finances staying steady and final underwriting.
See every step in 1 minuteGetting pre-approved for a mortgage
People also ask
Does pre-approval hurt my credit?›What is the difference between pre-qualified and pre-approved?›What documents do I need for mortgage pre-approval?›How much down payment do I need to buy a house?›How long is a mortgage pre-approval good for?›Will shopping for a mortgage hurt my credit?›What should I avoid after getting pre-approved?›
Official sources
- CFPB: buying a houseconsumerfinance.gov
- HUD: find a housing counselorhud.gov
- VA: home loansva.gov