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Got a promotion after being pre approved

Husband got a large promotion at his job after we were pre approved for a mortgage 2 weeks ago. Our house already sold so now we’re in the thick of trying to buy. Since we have more income, we’re comfortable spending a little more since what we can possibly afford puts us in a VERY good school district. Can we get pre approved for a higher amount now?

When we did our first pre approval, we told the bank how much we were comfortable spending and our income so that’s how we got the pre approval amount.

And before you come after me, yes we would like to put more towards a better neighborhood in a better house instead of putting into savings/investing. No debt, savings is healthy and putting into our retirement.

submitted by /u/biggiesmalltits
[link] [comments]

source https://www.reddit.com/r/RealEstate/comments/saseth/got_a_promotion_after_being_pre_approved/
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