🏦 Why Mortgage Pre-Approvals Fall Apart (And How to Protect Your Home Purchase) 🚨

Bill Rapp - Commercial & Residential Mortgage Broker

Published on: 24/02/2026

Why Pre-Approvals Fall Apart A mortgage pre-approval is not a guarantee. It’s a conditional financial snapshot — and if that snapshot changes, the loan can fall apart fast. As a mortgage broker at Medallion Funds, I’ve seen strong buyers lose homes days before closing because something changed between pre-approval and underwriting.