how long are pre approvals good for
It doesnât make sense to look for properties to purchase without first knowing a) what price range you qualify for, and b) demonstrating you are able to purchase. A pre-approval letter is typically good for about 90 days. After that, it is considered âoldâ. If you are overseas earning foreign income, there are some restrictions on whether or not you can borrow as well. You need to discuss these things with a lender.