Updating REBNY Financial Statement and Mortgage Pre-Approval Letter for Offers

[sabrina_j]

Do the dates have to be updated on the rebny statement and pre approval letter or can I send the same documents?

I just saw on Hauseit that pre approval letters are good for up to 90 days. I told my buyer to just update the rebny financial statement with the correct down payment for this offer. Necessary? What do agents normally do in NYC

[lower_nyc]

Great question! You can use the same pre-approval letter when submitting multiple offers, as long as it was issued within the past 3 months. As far as the REBNY Financial Statement is concerned, you'll need to update the mortgage and maintenance fields for each property you submit an offer on since those fields will vary based on the listing. Since you're already making edits to the REBNY Financial Statement, you might as well update the date as well.

Good luck!