Getting ready for a pre-approval conversation shouldn’t be daunting; let me help you get started. I’ve created a checklist for what to have ready before a pre-approval, refinance, purchase or renewal phone call:

Part One: List Your Personal Details:

• Your name
• Date of birth
• SIN
• Marital status
• Your ID

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Part Two: Gather Your Assets & Liabilities:

• List of all sources of assets
  • Savings
  • RRSPs
  • Investments
  • TFSA etc.

• Any monthly Liabilities
  • student loan
  • car loan
  • credit cards
  • line of credit
  • child support
  • spousal support

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Part Three: Prepare Your Income Details:

• Commitment: part time or full time
• Compensation: salaried or hourly
• Employer Details:
  • Employer name
  • Address
  • Job title
  • Length of employment
    • note that you will need to provide at least a 3 year history of employment

• Any child tax credit benefit and if so, the ages of your children
• Any properties owned currently
• Property details, for all properties owned:
  • Address
  • Any rental income
  • Property taxes
  • Mortgage balance
  • Mortgage payment
  • Interest rate
  • Bank etc.

Once you’ve confidently collected all the info above you’re well on your way to starting the pre-approval journey; book a call or fill out the contact form to move forward!