1. Pre-approval is easy and can give you complete peace of mind when shopping for your home.
2. Your local lending institution or mortgage broker can provide you with written pre-approval for you at no cost and no obligation, it can all be done quite easily over – the – phone.
3. A written pre-approval is as good as money in the bank.
4. It entails a completed credit application, and a certificate which guarantees you a mortgage to the specified level when you find the home you’re looking for.