Set a realistic budget
A pre-approval can indicate the amount you might qualify for based on the information provided to the lender.
The maximum amount is not necessarily the budget that suits your lifestyle; plan for ownership costs and your other goals.
Prepare the requested information
The lender may ask for information about your income, debts, down payment and employment situation.
Send financial information directly to your lender or mortgage professional.
Understand the scope of the approval
A pre-approval is not automatically a final approval for every property or every loan condition.
Have the rate, validity period, conditions and next steps confirmed by the lender.