Don’t Get Burned: The Shocking Truth About Your Pre-Approval LetterYou found the perfect house, your offer was accepted, and you’re already picking out furniture. Then, out of nowhere, you get a call from your lender: Your loan was denied.It’s a homebuyer’s worst nightmare, and it happens more often than you think. In a recent video, mortgage industry experts broke down exactly why real estate deals collapse at the eleventh hour—and how you can protect yourself.Here is the truth about your pre-approval letter and how to spot a “pretender” loan officer before it’s too late.