How long to get mortgage pre approval?

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Getting mortgage pre-approval is an essential step in the homebuying process. It provides potential homebuyers with a clear understanding of their budget and helps them stand out in a competitive real estate market. But how long does it take to get mortgage pre-approval? In this article, we will explore the timeline and factors that can influence the duration of the pre-approval process.

The Mortgage Pre-Approval Process

What is mortgage pre-approval? Mortgage pre-approval is a preliminary evaluation by a lender to determine how much money they are willing to lend you based on your financial situation. It involves submitting an application, providing documentation, and undergoing a credit check.

How long does it take? The timeline for mortgage pre-approval can vary depending on several factors, including the lender, your financial situation, and how quickly you provide the necessary documentation. On average, the process can take anywhere from a few hours to a few weeks.

Factors Affecting the Timeline

1. Completeness of documentation: The speed at which you gather and submit the required documents can significantly impact the pre-approval timeline. These documents typically include proof of income, employment verification, bank statements, and identification. Being organized and providing all the necessary paperwork upfront can help expedite the process.

2. Lender’s workload: The lender’s workload and efficiency can also affect the pre-approval timeline. Some lenders may have a quicker turnaround time due to streamlined processes or a smaller number of applications in their queue. It’s worth researching lenders and reading reviews to get an idea of their typical processing times.

3. Credit history: Your credit history plays a crucial role in the pre-approval process. Lenders will review your credit report to assess your creditworthiness. If you have a good credit score and a clean credit history, the pre-approval process may be faster. However, if there are issues or discrepancies on your credit report, it may take longer to resolve them and obtain pre-approval.

4. Complexity of the application: If your financial situation is more complex, such as being self-employed or having multiple sources of income, it may take longer for the lender to evaluate your application. Additional documentation and verification may be required, which can extend the pre-approval timeline.

Expediting the Pre-Approval Process

While some factors affecting the pre-approval timeline are beyond your control, there are steps you can take to expedite the process:

1. Be prepared: Gather all the necessary documents before starting the pre-approval process. This includes recent pay stubs, tax returns, bank statements, and identification. Having everything ready will streamline the application process.

2. Respond promptly: If the lender requests additional information or documentation, respond promptly. Delays in providing the requested information can prolong the pre-approval timeline.

3. Choose a reputable lender: Research different lenders and choose one with a reputation for efficient and timely service. Reading reviews and seeking recommendations can help you make an informed decision.


The timeline for mortgage pre-approval can vary depending on various factors, including the completeness of documentation, the lender’s workload, your credit history, and the complexity of your application. While the process can take anywhere from a few hours to a few weeks, being prepared, responsive, and choosing a reputable lender can help expedite the pre-approval timeline.


– Bankrate:
– Rocket Mortgage: