Documents for pre-approval?

Started by anonymous
over 7 years ago
Discussion about
Hi, I was looking for a home mortgage. There are several things to be noted while choosing a mortgage. Now, I would like to know more about the pre-approval process. As always, I had a search on the internet and came to know the following are needed for a pre-approval: Proof of Income Proof of Assets Good Credit Employment Verification Documentation I am confused about this documentation! Other... [more]
Hi, I was looking for a home mortgage. There are several things to be noted while choosing a mortgage. Now, I would like to know more about the pre-approval process. As always, I had a search on the internet and came to know the following are needed for a pre-approval: Proof of Income Proof of Assets Good Credit Employment Verification Documentation I am confused about this documentation! Other than the four documents mentioned, what other records will be demanded by the lenders/brokers for an approval? I have seen a list given by a professional doing mortgage pre-approval process in Canada ( http://www.mortgagesmortgages.ca/mortgage-types/pre-approval/ ). I doubt if the list is same for all professionals. Or do we have to keep anything else while consulting a broker? [less]