There should be no cost for the pre-approval itself. However, since a true pre-approval involves applying for a mortgage loan and your application going through the underwriting process, any particular may be charging there usual fees that they collect whenever someone applies for a loan. There are some lenders that will give you what they call a pre-approval letter without you applying and going throughunderwriting. However, this is not a real pre-approval. Until your application goes through tyhe underwriting process, there is no guarantee that you will be approved for a loan. Getting a real pre-approval will usally take up to 2 weeks.
Licensed Real Estate Associate Broker
Bellmarc Brokerage, Ltd.
681 Lexington Avenue
New York, NY 10022
Phone 212-688-8530 x223 Cell 917-991-2528 Fax 212-758-7495