Talked to a mortgage broker who made me rethink pre-approvals

Was at a coffee shop near Whyte Ave last Tuesday. Chatted with this broker named Diane. She said most people get pre-approved but never ask about rate holds. Told me she had a client lose a 40k difference because they didn't lock in for 130 days. Hit me different because I always thought pre-approval was just one simple step. Now I wonder how many other layers I'm missing. Anyone else get caught off guard by a detail like that?

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