Before you start touring homes, there’s one crucial step to take — mortgage pre-approval. It shows sellers you’re serious, gives you a clear budget, and can even give you an edge in a competitive market.
At Devonso Real Estate, we guide buyers through the home loan process with confidence. Here’s how to get pre-approved for a mortgage — fast.
📝 1. Know What Pre-Approval Means
A pre-approval is a written statement from a lender estimating how much money you can borrow. It’s stronger than pre-qualification and often required by sellers before they accept an offer.
It shows:
- Your estimated loan amount
- Loan type and term
- Your interest rate range (based on credit and market)
- That a lender has reviewed your financials
🔍 2. Check Your Credit Score First
Your credit score plays a big role in mortgage approval and rates.
- Aim for a score of 620 or higher (740+ gets better rates)
- Review your credit report for errors and fix them fast
- Pay down debts and avoid opening new credit lines before applying
You can use free tools like Credit Karma or request reports from Equifax, Experian, and TransUnion.
📄 3. Gather Your Financial Documents
Getting pre-approved quickly means being organized. Have these documents ready:
- Recent pay stubs (last 30 days)
- W-2 forms and/or tax returns (last 2 years)
- Bank statements (last 2–3 months)
- Proof of assets (investments, retirement accounts)
- ID and Social Security number
- Debt statements (car loans, credit cards, student loans)
🏦 4. Choose the Right Lender or Broker
Not all lenders are the same. Work with one that understands your goals and acts quickly.
- Compare 2–3 lenders for speed and rates
- Ask about turnaround time for pre-approval
- Use online lenders or mortgage brokers if you want even faster results
Devonso Real Estate can connect you with trusted lenders who deliver quick, competitive pre-approvals.
📲 5. Apply Online or In-Person
Most lenders offer an online pre-approval application. It can take as little as 15 minutes if you have your documents ready.
The lender will:
- Run a hard credit check
- Analyze your income, debts, and assets
- Estimate what loan amount you qualify for
Turnaround time can range from a few hours to a few days.
✅ 6. Review and Use Your Pre-Approval Letter
Once approved, you’ll receive a pre-approval letter. Share this with your agent when placing offers — it tells sellers you’re ready to buy.
Tip: Pre-approvals typically last 60–90 days, so don’t wait too long to start shopping.
🚀 Final Tips to Get Pre-Approved Fast
- Be honest on your application — accuracy prevents delays.
- Avoid large purchases or job changes during the process.
- Respond quickly to lender requests for additional documents.
At Devonso Real Estate, we streamline the homebuying journey. From connecting you with top lenders to helping you find your dream home, we’ve got your back.
📞 Need help getting pre-approved fast?
Contact us and let our team walk you through the process step-by-step.
