USMortgage Pre-Approval
When you're looking to buy your next home, applying for a mortgage pre-approval online can be a great way to start the process. You can easily apply via our online application, over the phone or in-person at a branch.
Why apply for a mortgage pre-approval?
A mortgage pre-approval is an important part of the home buying process. If you are pre-approved, it means that a lender has stated that you qualify for a mortgage loan based on the information you have provided, and subject to certain conditions. A mortgage pre-approval often specifies a term, interest rate and principal amount. Although not a required step, it is helpful as it can give you a clearer picture of how much house you may be able to afford.
Online Mortgage Pre-Approval
Get an online pre-approval to know how much you may be able to afford and start your house hunt with confidence.
- Immediate response to your online application
- No impact on your credit score when you submit your application online
- Holds your mortgage rate for 120 days
Complete online, anytime, anywhere, in just five easy steps.
The TD 120-day rate hold
- Once you have your pre-approval, we’ll hold your interest rate for the next 120 days subject to all the conditions.
- If the interest rate on the term chosen in your pre-approval goes up, we will hold the rate we pre-approved you for if you meet all other conditions.
- If the interest rate goes down during this time, you can ask to have your pre-approved interest rate adjusted to reflect the lower current rate.
What to bring to your in-branch pre-approval meeting
We want you to be ready for the pre-approval process and being prepared will help. For your meeting, you should plan to bring the following:
- Current address
- Previous address (if current address is less than 3 years)
- Current employment information (e.g. employer's address, telephone number)
- Previous employment information (if current employment is less than 3 years)
- Sources of verifiable income (e.g. pay stub, employment letter, bank statement confirming direct deposit, investment statement)
- If self-employed, the last 2 years Notice of Assessments from your Income Tax return
- Value of properties, automobiles, investments, and savings
- Most recent statements for mortgages, loans and lines of credit
- Most recent credit card statements
- Estimated value of your home
- Housing expenses (e.g. property tax, annual condo fee, heating costs)
- Financial information for your co-borrower, if applicable
- Social Insurance Number (optional)
Mortgage pre-approval simplified
New to Canada?
Some other things that will also be considered in your pre-approval process, is your credit score or whether you’re new to Canada. You may also qualify for a TD Mortgage even if you have no credit history1 if:
- You are a Permanent Resident or have applied to become a Permanent Resident in Canada
- And you have been in Canada for 5 years or less
Other useful information
Online mortgage application
Let’s connect
Mortgage Pre-approval
Get an immediate response to your online application.
Contact Us
Have additional questions? Speak to a TD Mortgage Specialist now.
1-877-230-6275 1-877-230-6275
Book an appointment
Speak with an advisor in person or over the phone.
Too busy to visit a branch?
Meet with a Mortgage Specialist at your home, workplace, coffee shop or other convenient location.