Rating Newest Oldest. Best Answer: Well it depends. Sometimes a Midwife will deliver the baby, an OB/GYN, or if the doctor (The OB/GYN) isn't available or doesn't arrive in time a nurse will do the delivery. I'm sure what you're thinking about is one of the first two.
Generally speaking, a preapproval letter is valid up to 90 days. Such letters can be valuable in a real estate transaction, as they indicate that the lender would probably approve your loan application, assuming your financial situation doesn't change for the worse during the three-month period.
Pre Qualification Takes a 15-Minute Phone Call. In a 15-minute phone call, your lender can prequalify you for a mortgage. A pre qual is a non-binding opinion on how much of a mortgage you can afford. You will come away from the phone call with an estimated monthly payment and a price range to shop based on the loan size.