- If you’re a Mint user, you can now apply for preapproval with Rocket Mortgage in the Mint app.
- Mint already has most of your information on file, so applying could take less than 10 minutes.
- Getting a preapproval letter in minutes helps you make an offer fast in today’s hectic market.
- See Insider’s picks for the best mortgage lenders »
Mortgage preapproval is an early step in the homebuying process. When a lender preapproves you for a mortgage, it’s saying it would like to work with you. The lender tells you which types of loans you may be eligible to take out, how much you may be approved to borrow, and what your rate could be. Once you’ve been preapproved, your rate is typically locked in for 60 or 90 days.
Usually, you’d apply for preapproval directly through the lender. But applying via the Mint app could give you a leg up in the homebuying process.
How to apply for mortgage preapproval through Mint
The free Mint app gives you a thorough look at your finances by storing your financial information and documents in one place.