• Funniest Story on the Job Contest Starts Now!

    Contest starts now and ends September 27th. Winner will receive a special user banner and $10 Amazon Gift card!

  • Site Updates Coming Next Week

    Site updates are coming next week on Monday and Friday. Click the button below to learn more!


Pre-approval for mortage before deciding on med school


Senior Member
10+ Year Member
15+ Year Member
May 15, 2002
Medical school
I haven't decided yet on where I will be attending med school next fall, however I know that I want to try and buy a condo/house this summer close to where I'll be going to school. Therefore, I would like to get pre-approved for a mortgage. Is it necessary to know where I'm going to buy a place in order to get pre-approved? And what sort of time frame do I need to do this in? Is it okay to get pre-approved now, and then buy a place in 5 months or so?

I'm new to this, and so I have a lot of questions.



7+ Year Member
15+ Year Member
Jul 25, 2003
Many of the pre-approval's offered are only good for 60-days...once 60-days have passed, you need to get another credit check and the process of approval repeats itself. Also, it is good to know where (but not necesary) you want to live because different companies may offer different loans depending on the area.
About the Ads
This thread is more than 17 years old.

Your message may be considered spam for the following reasons:

  1. Your new thread title is very short, and likely is unhelpful.
  2. Your reply is very short and likely does not add anything to the thread.
  3. Your reply is very long and likely does not add anything to the thread.
  4. It is very likely that it does not need any further discussion and thus bumping it serves no purpose.
  5. Your message is mostly quotes or spoilers.
  6. Your reply has occurred very quickly after a previous reply and likely does not add anything to the thread.
  7. This thread is locked.