Why is the amount so low?I spoke with a Mortgage lender a few days ago and received pre-qualifying infotmation. Based on my credit and income information, she stated that I could qualify for a loan amount between$ 75-82k. She requested that I send her all of my documents (bank statements, pay stubs, w2..) and said it would take her about a day to send me a pre-approval letter. 2 and a half days letter I received a pre-approval letter by email and was only pre-approved for $40k. What happened? I've tried to contact the lender to find out what happened that changed the amount but have been unable to reach her. Do you guys have any ideas?March 06 2014 - Pensacola00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.