Debt-to-income ratio Loan Officer Pre-approval 
Redfin
JULY 9, 2025
Getting pre-approved for a mortgage is one of the first steps in the homebuying journey. But if you’re ready to start shopping for a home, you might be wondering: how long does it take to get pre-approved for a mortgage? What is mortgage pre-approval? Why it matters: It helps you set a realistic budget.
The Mortgage Report
JULY 24, 2025
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Rochester Real Estate
NOVEMBER 5, 2015
For example, if you use a bank for your loan you may already have a pre-existing relationship with them and they sometimes offer very competitive interest rates. Have you tried calling a bank on a Saturday night to get a pre-approval letter? The waiting period will vary based on the type of loan and the lender.
Housing Wire
MAY 7, 2025
She was a responsible borrower but made a mistake: she had lost track of her student loan payments and was 60 days late. The client, who logged into her student loan portal and made a payment, is now in limbo about whether a new credit report needs to be pulled in her 90-day escrow, the loan officer at Guild Mortgage told HousingWire.
Housing Wire
MARCH 30, 2021
Borrowers don’t always know or understand how their credit or debt-to-income ratio (DTI) impacts the type of loan they can qualify for. By implementing a credit process, lenders have the ability to help borrowers get approved for a loan – even after they were previously declined.
Housing Wire
APRIL 4, 2022
As interest rates rise, so do the monthly mortgage payments, which could be problematic for low-to-moderate income borrowers, said Alex Naumovych, loan officer at Draper & Kramer Mortgage. Mark Westcott, a loan officer at CrossCountry Mortgage , said that borrowers who were pre-qualified at 3.5%
Housing Wire
NOVEMBER 8, 2021
Alex Naumovych, a loan officer at Draper & Kramer , has noticed similar trends in his work at a lender. Often times I’ll come in on a Monday and I’ll have emails saying that clients put offers in on homes and had them accepted even though we didn’t write up a pre-approval level,” Naumovych said.
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