Clover Mortgage’s Pre-Approval Checklist Tool
At Clover Mortgage, we can help you get pre-approved for a home purchase mortgage, mortgage refinance, or mortgage renewal and secure your rate for you for up to 120 days (4 months)! Whether you have great credit or bad credit, are self-employed or a salaried employee, or even if you have been rejected by the bank, our knowledgeable mortgage brokers can help get you pre approved for the right mortgage to suit your needs and current financial situation.
Is my Mortgage Pre-Approval guaranteed?
These days, many customers are getting quick pre-approvals that are not done properly and as a result are not valid when it comes down to qualifying for the actual mortgage. To avoid this, the mortgage brokers and agents at Clover conduct proper and thorough mortgage pre approval applications to ensure that the mortgage amount that you are pre-approved for is the actual amount that the bank or lender will approve you for when you purchase your property. Keep in mind that if your financial or credit situation change drastically between the time you get pre-approved to the time you actually buy your property, this can change the mortgage amount that you might qualify for even if the pre-approval is done properly.
What do I need to prepare for a Mortgage Pre-Approval?
Depending on what you need (new home purchase mortgage, mortgage refinance or renewal), you may be asked to provide some or all of the following documents in order to complete a proper and valid mortgage pre-approval:
- A photocopy of 2 pieces of government issued identification (drivers licence, passport, credit card, social insurance card, citizenship card, permanent residence card, etc.)
- Notice of Assessments (NOA) or T1 Generals for the most recent 2 years
- Pay stubs for the most recent 2 pay periods (unless self-employed)
- Letter of employment confirming your position, salary, and how long you have been employed by the current company (unless self employed)
- Proof of down payment (bank statements or investment statements)
- Gift letter for the down payment with associated bank statement (if full or partial down payment is being gifted)
- Proof of any additional assets
- Business licence or articles of incorporation (if self-employed or incorporated)
- If you own other properties then mortgage statements, tax bills, and leases or rental agreements for all other existing properties
Depending on your current financial situation and the type of mortgage product you need, your Clover Mortgage broker or agent will help you identify what documentation will be needed to process a full and accurate mortgage pre-approval.
Why Work With Us
*Rates start as low as 2.75%
*Rates are subject to change. Terms and conditions may apply.
We pride ourselves on quick, easy & honest service. Our clients always come first.
We specialize in dealing with bad credit & bank declines. We turn a “no” into a “YES!”
*No credit checks. No complicated application.
*Term & conditions may apply.
Our Customers Love Us
I was in debt and needed help getting back on track. My mortgage agent at Clover Mortgage helped me get approved for a home equity loan to consolidate all of my debt in one small monthly payment. Now I’m saving over $1,000 a month in interest and am left with less debt and more money in my pocket at the end of each month. Thank you Clover!
I’m a self employed independent contractor. I earn a decent income, but when I went to the bank to refinance my home, they denied my application telling me that I didn’t have enough “provable” income to qualify for refinancing my home. When I came to Clover I was almost out of hope. My Mortgage Agent at Clover was caring and professional, and help me get a great rate and flexible terms on full refinance. The whole process took less than 48 hours! I was impressed at how quickly and easily they were able to get me the money and home refinance I needed. Thank you Clover Mortgage, I’m recommending you to everyone I know!!
I had really bad credit, but really wanted to purchase a Condo. When I went to the bank they made me go through a lengthy application process that took weeks, and then they turned me down at the end of it all. When I found Clover Mortgage online, I called them and a friendly Mortgage Agent was able to help me get approved for a mortgage quickly and hassle-free. I got a good rate and now live in a home that I am comfortable in and am able to easily afford my monthly payments.
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my husband and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.
My husband and I found ourselves in a tough situation. Luckily my expert mortgage broker at Clover Mortgage helped us get a fast and easy approval for an amazing rate for refinancing our home. Clover’s service is the best I’ve ever experienced and I’ve been recommending them to all of my family members and friends ever since. Thanks for your help Clover!
I definitely recommend Clover Mortgage to any new home buyer! They were very professional and helped my wife and I get mortgage for our new home at an even better rate than the bank was offering us. They also helped us get the mortgage with a smaller down-payment than the bank demanded from us. Since we did our mortgage with Clover, several of our friends and family members got their from them also, and Clover Mortgage has been able to help all of them, even the ones that were completely turned away and rejected by their banks.