Need to Get Preapproved for a Mortgage? Here’s How—And Why You Should Call Tara First

If you’re in the process of buying a home—or thinking about jumping back in after a pause—getting reapproved by a lender is a crucial step. Whether your original preapproval expired or your financial situation has changed, reapproval helps you stay competitive and confident in today’s real estate market.

But here’s the good news: you don’t have to do it alone. Before reaching out to a lender, call Tara first. We’ll guide you through the process, connect you with trusted loan professionals, and make sure everything is lined up for a smooth home search.

Why Would You Need to Get Reapproved?

There are a few common reasons you may need to update or refresh your mortgage preapproval:

• ✅ Your previous preapproval has expired (most are only valid for 60–90 days)

• ✅ You’ve had a change in income, employment, or debt

• ✅ You’ve improved your credit score or reduced your debt-to-income ratio

• ✅ Interest rates or loan programs have shifted

• ✅ You’re ready to restart your home search after taking a break

Getting reapproved ensures that your numbers are still accurate—and that you’re shopping within the right price range based on current market conditions.

Step-by-Step: How to Get Reapproved for a Home Loan

1. Contact Tara First

Before you do anything else, give me a quick call. I’ll help you:

• Review what documents you’ll need

• Recommend local, reliable lenders

• Make sure you’re not overpaying or missing out on better loan options

• Strategize based on your updated goals and timeline

👋 At Levinson Real Estate Team, we help hundreds of clients each year navigate financing. You’re not in this alone.

2. Gather Updated Financial Documents

Your lender will need recent copies of:

• Pay stubs (last 30 days)

• W-2s and/or tax returns

• Bank statements (last 60 days)

• ID and Social Security number

• Any updated info on debts, assets, or down payment sources

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3. Submit a New Loan Application

The lender will re-run your credit and reverify your income and debts. Depending on how much time has passed or what’s changed, they may adjust your preapproval amount or loan terms.

4. Review Your Loan Options

Once reapproved, it’s the perfect time to:

• Compare interest rates

• Ask about first-time buyer programs, down payment assistance, or rate buydowns

• Lock in a rate if you’re ready to start home shopping

Tara can help interpret lender offers and make sure you’re choosing what’s best for your budget.

Why Getting Reapproved Matters

In a competitive housing market—especially in hot Oklahoma City neighborhoods like Edmond, Moore, Mustang, and Yukon—being preapproved (or reapproved) makes you a serious buyer in the eyes of sellers. Many won’t even consider an offer without it.

Plus, knowing your updated budget gives you peace of mind when touring homes. No guessing. No wasted time. Just clear direction.

Let's Make This Easy

Getting reapproved doesn’t have to be stressful or confusing. When you work with Tara Levinson and the Levinson Real Estate Team, you get a team that knows the process, the market, and the right professionals to connect you with.

📞 Thinking about restarting your home search or updating your financing? Call Tara first. We’ll walk through your options together and make sure you’re set up for success from the start.

📲 Start your journey at ForSaleOKC.com or call today to connect with Tara and get reapproved the smart way.