Can I be turned down after getting 
Pre-Approval?

Can I be turned down after getting 
Pre-Approval?

When it’s time to purchase a home, one of the first things you should do is get pre-approved for a home loan. In this highly competitive market, mortgage pre-approval is “the ace up your sleeve” because it emphasizes that you are serious about buying a home and have the finances to back you up.

While having a pre-approval letter gives you an advantage at the negotiating table, it’s not a guarantee that you’ll close the loan.

That said, it may surprise you to learn that lenders may turn you down for a loan even if you get pre-approved. Let’s look at some of the reasons why this may happen and how to prevent it.

Begin your home loan process today!

Local Loan
Consultations

Timely and Accurate
Communication

Industry-Leading
Product-Selection

Mortgage Questions? We Can Help! Contact me today