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If you get pre-qualified to buy a house how much time does that give you.?

How long does the pre-qualified last before you have to re do it?

3 Answers

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  • 1 decade ago
    Favorite Answer

    A pre-qual is normally good for 30 days. I think it actually depends on each specific lender as opposed to any state requirements. I've seen some pre-quals last longer than 30 days so I let's say 30-90 just to cover all the bases. :)

  • 1 decade ago

    Pre-qualified means as long as all the information you gave is true, here is most your monthly payment can be. Translating that into the amount you can spend on a house depends on interest rates.

    If rates don't move, the pre-qual is probably good indefinitely. If rates change or your income/financial picture changes, you better do it again.

  • Mod M
    Lv 4
    1 decade ago

    It must depend on the state because it is 90 days where I live...call any real estate office and they will tell you or any bank loan officer...

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