When you decide that it’s time to buy your very first or your next home, getting pre-approved for a mortgage should always be the first step.

The first step in the mortgage pre-approval process is getting a complete and accurate mortgage application. The application is your complete financial resume of where you have lived and where you have worked for at least the previous 3 years. Detailed information is needed about your income, debts and assets like savings and investment in order for me to calculate how much a mortgage that you can likely be approved for. Have a look at my video below where I go over a mortgage application for some fictitious clients and what information I would need to collect from home buyers like John & Jane.