Obtaining a Pre-Approved Mortgage


Having a pre-approved mortgage will give you the confidence of knowing exactly what you can spend on a home before you start looking. You will also be protected against interest rate increases while you look for your new home. In a sellers market, having a pre-approved mortgage could prove to be a worthy choice. Your Mortgage Specialist will be able to answer your questions and help you determine which financing terms and options are right for you. Your Mortgage Specialist and Realtor work as a team to help you find the right home and select the best financing.


Once you’ve found the home you want to purchase, there are some documents you’ll probably be asked for to finalize your financing. They will include:

  • A copy of the real estate listing of the property. If the home is still to be built, the mortgage lender will need to see the architect’s or builder’s plans and details on lot size and location.
  • A copy of the offer to purchase or the building contract, if this document has been prepared.
  • Documents to confirm employment, income and source of pre-approval.

If you have a Pre-Approved Mortgage, it’s a simple matter of finalizing a few details, which your Mortgage Specialist will explain to you.