Purchase contract and loan contract are completely separate. In...

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    Purchase contract and loan contract are completely separate.

    In short settlement $$ count, this happens on an agreed date by all parties once all the above items are complete. Pre-approval and Unconditional approval are just stages in the application process and do not count at any stage to formal lending numbers. Loan accounts will only exist in a banking system a couple days before settlement.

    In events like mine where settlement is delayed due to title registration issues unconditional approval can lapse due to credit validity expiring and you have to re-supply all your evidence and re-sign docs.
 
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