how long is a pre approval good for
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.ost preapprovals are good until you put in an offer and then once you move forward with the loan, the commitment will have a drop dead date on itâusually 60 days but sometimes 45. It is a good question to ask when you apply.