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I have finally decided to take the plunge, today I got a pre-approval today from a lender (broker) and it says on the letter that my pre-approval is good for 60 days, is this right/normal? I thought its good for 90 days, this is for a new construction, please feel free to give me your opinion
Not sure if it's "normal" but I think each lender can set their own term.
Depends on the lender, iv seen 60 to 90 days.
thanks for responding, I called the lender and he told me that they do not give 90 days, so Its base on broker