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Pre-approvals Made Easy!
If you are applying for a pre-approved mortgage, prepare the following information:
- Have your employer give you a letter on company letterhead outlining your name, position, gross annual income, and number of years employed with the company.
- If you are self-employed, you will need three years financial statements, and tax returns (together with official assessment from Revenue Canada).
- Social Insurance Numbers.
- At least 3 years history of residences and employers.
- Know your banking information (i.e. institutions name, address, type of accounts, account numbers)
- Know your assets and their value (i.e. cash amounts, stocks, bonds, RRSPs, car).
- Know your liabilities (i.e. car loan, credit card balances).
- Also, be sure and advise us about any past credit problems you may have had.
- Finally, write down a list of questions you would like to have answered.

If you have all the items ready when you apply you should have no problem getting your Pre-approval!
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