Pre-approval (or conditional approval) is a lender’s written confirmation that they will likely lend you a specific amount, subject to property valuation and final checks. It’s not a guarantee, but it gives you confidence to make offers. Once your documents are submitted by Paddy, pre-approval typically takes 3–5 business days. Pre-approval is generally valid for 90–120 days. Read the full guide: What Is Home Loan Pre-Approval?