How Long Does it Take to Get A Mortgage Pre-Approval?

excited girl holding approval letter for a loan

Getting pre-approved for a mortgage is an important step in the home buying process. It can help you determine how much you can afford to borrow and give you an idea of the interest rate you may qualify for. The pre-approval process typically takes between 1-3 days, but there are several factors that can impact the timeline.

1. Completing the Application

The first step in getting pre-approved for a mortgage is completing the application. This involves providing information about your income, assets, and debts, as well as your credit score.

The application process can take anywhere from 30 minutes to an hour, depending on how prepared you are with the necessary documents and information. Make sure to have your tax returns, pay stubs, bank statements, and other financial documents ready to speed up the process.

2. Credit Check and Verification

Once you have submitted your application, the lender will run a credit check and verify the information you provided. This can take anywhere from a few hours to a day or two, depending on the lender's processes and workload.

If the lender needs additional documentation or information, this can also impact the timeline. It is important to respond to requests for information promptly to avoid delays.

3. Approval Decision

After reviewing your application and verifying your information, the lender will make a decision on whether to approve you for a mortgage and the terms of the loan. This decision can take anywhere from a few hours to a few days, depending on the lender's workload and the complexity of the application.

Once you receive pre-approval, it is important to keep in mind that it is not a guarantee of a mortgage. You will still need to provide additional documentation and information as you move forward with the home buying process.


Getting pre-approved for a mortgage typically takes between 1-3 days, but the timeline can vary depending on several factors. By being prepared with the necessary information and documents and responding promptly to requests from the lender, you can help speed up the process and get pre-approved for a mortgage sooner.