Mortgage pre-approval time depends on the complexity of the applicant’s situation. For straightforward cases like W-2 salaried employees with a two-year employment history, pre-approval can take 30 minutes to an hour. More complex cases, such as self-employed individuals or hourly workers with variable hours, require additional documentation and may take one to two days to complete.
How Long Does It Take to Get Pre-approved for a Mortgage?
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