Blog > Pre-Approval FAQs Every Louisiana Homebuyer Should Know
Getting pre-approved is one of the most important early steps in buying a home—but it can also feel confusing if you’ve never done it before.
Here are some of the most frequently asked questions about getting pre-approved, especially for buyers in the Baton Rouge area.
❓ What is pre-approval?
Pre-approval is a letter from a lender confirming how much they’re willing to lend you, based on your financial picture. It tells sellers you’re serious and gives you a clear home shopping budget.
❓ Is it required to see homes?
Technically, no. But in today’s market, most sellers require a pre-approval letter before accepting offers—and some agents won’t even show homes without it. It gives you credibility and leverage.
❓ Does it affect my credit?
Yes, but only slightly. Most lenders do a soft pull at first, and a hard inquiry later during underwriting. Shopping multiple lenders within a 30-day period typically only counts as one inquiry.
❓ How long does it last?
Most pre-approvals are good for 60 to 90 days. If your home search goes longer, your lender can usually refresh it with updated documents.
❓ What documents do I need?
Expect to submit:
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Pay stubs
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W-2s or 1099s
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Bank statements
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Credit check authorization
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Proof of assets or debts
✨ What are the benefits?
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You’ll shop with confidence
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You’ll avoid wasting time on homes outside your budget
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You’ll strengthen your offer in competitive markets
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You’ll speed up the closing timeline
🏡 Need a trusted lender?
We work with several local experts who can help you get pre-approved quickly and painlessly. Call Tracy at (225) 268-1110 or visit MovingTo225.com to get matched today.
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Tracy Mathis
Broker Associate | License ID: 995680747
Broker Associate License ID: 995680747