Usually, a mortgage is pre-accepted by a financial institution; however, when the shopper finds a property, the mortgage is then referred to the LMI supplier, who has completely different pointers to the lender. Pre-approvals are sometimes legitimate for three to six months, relying on the lender. You will discover a listing of the forms of properties which are often unacceptable to a lender on our property sorts web page. Some lenders will honor pre-approvals, which