To check if a mortgage has been approved by a bank, first contact the mortgage lender directly. Request a written confirmation, such as a Loan Estimate or Closing Disclosure, which outline loan terms and approval status under the TILA-RESPA Integrated Disclosure (TRID) rules. Alternatively, log into the bank’s online portal to review your loan status. If discrepancies arise, follow up with the lender’s customer service team or visit a branch in person.

This process is critical because mortgage approvals are subject to frequent changes due to underwriting reviews, document errors, or shifting market conditions. The Consumer Financial Protection Bureau (CFPB) reports that 15% of applicants experience approval status changes post-approval, often due to missing documentation or credit score fluctuations. For example, a 2023 CFPB study found that 30% of consumers encountered errors in mortgage disclosures, which can delay closing by up to 45 days. Additionally, data from the Urban Institute’s 2022 Mortgage Quality Report highlights that pre-closing audits by borrowers reduced errors by 22%, underscoring the importance of proactive verification. Lenders are legally obligated to provide accurate approval statuses under the Real Estate Settlement Procedures Act (RESPA), and unresolved discrepancies may lead to legal or financial repercussions for both parties. Timely verification ensures alignment between the borrower’s expectations and the lender’s final commitment, minimizing risks of unexpected denials or costly revisions.