How early should I apply for mortgage pre-approval?
Quick Answer
Short answer: 60–90 days before serious shopping; longer if you need credit cleanup.
Detailed Explanation
A pre-approval locks today's rate and uncovers documentation gaps. Start the conversation three months out, giving time to correct errors on your credit bureau or collect NOAs. If you plan a new build with a 12-month horizon, ask for a rate-hold extension or plan to refresh documents mid-build.
- Pre-approvals are free and non-binding
- Multiple credit pulls within 14 days count as one inquiry
- Stay clear of new credit until after closing
Disclaimer: This page is for general information only and does not constitute legal, financial, or real estate advice. Always verify details with a licensed Alberta REALTOR®, mortgage professional, or lawyer before making decisions. Buy in Edmonton assumes no liability for actions taken based on this content.
Tim Grover, RE/MAX Excellence • 780-288-5144 • 5607 199 Street NW, Edmonton, AB
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