What You Need for a Pre-Approval

Before you start shopping for your dream home, getting pre-approved is a must. A pre-approval tells you exactly how much you can borrow and shows sellers you’re a serious buyer. Here’s what you’ll need to get started:

Key Documents for Pre-Approval:

1. Proof of income – recent pay stubs or employment letters.

2. Tax documents – T4s or Notice of Assessment (NOA).

3. Bank statements – to show savings for your down payment.

4. Credit check – your lender will review your credit score.

5. Other debt details – like car loans or student loans.

Why Pre-Approval Matters

• It sets a realistic budget, so you don’t waste time on homes outside your price range.

• It locks in your rate for 90–120 days, protecting you from potential rate increases.

• It strengthens your offer in a competitive market.

Tip: Don’t make big financial changes (like getting a car loan or new credit card) during the pre-approval process. It can affect your mortgage approval.

Want to get pre-approved? I can help you gather the right documents and find the best rate — often at no cost to you.