A pre-approved mortgage is usually good for up to 120 days. In a competitive housing market, having a pre-approved mortgage can help you stand apart from other potential buyers. But how long are ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

A pre-approval letter sends that message instantly. Bouwman explains that sellers see pre-approved buyers as more reliable, since a lender has already reviewed their background and confirmed their ...