If you get approved for a home buyers loan but the house ends of up being less do you sitll get to borrow the?

it all depends……..ask the lender.
If not, get the seller to make the
improvements as part of the purchase.

Usually you can, but don’t forget that the house is the security on the loan. If for some reason you have to sell it at less than you owe on the loan you are going to have to cover the extra. Talk to your lender, and make sure any improvements you make will actually add real value to the house.

No.

The amount you get approved for is related to your income level and is a maximum amount you can borrow or pay for a home.

If you choose a specific house that costs less, it has to go through appraisal and the house needs to be worth what you offered. They will make the loan based on the value and your downpayment will be on the value of the house.

Example.
You were pre-approved to buy at house for $ 250,000. You find one for $ 225,000 that you like. Your mortgage and contracts and appraisal are all based on the $ 225,000, not the $ 250,000.

Loans are secured by the property that is bought with them. It needs to have the value to support the loan. It isn’t likely that a $ 225,000 property would support a $ 250,000 loan.

good luck!