 TITLE: How Can I Get Prequalified for a Mortgage Loan? CONTENT: You'll work directly with a mortgage lender or broker to go through the prequalification process. Depending on the financial institution, you may be able to get prequalified online, over the phone or in person.\nWhile each lender can vary in terms of the documentation they require, you can generally expect to provide:\n*   Income information\n*   Personal information (so the lender can perform a credit check)\n*   Basic bank account information\n*   How much you want to borrow\n*   How much you plan to put down\nAt this stage, you may not be required to provide tax information, pay stubs or bank statements, which means the lender is basing its decision on incomplete information. As a result, a prequalification won't guarantee approval.\nIt's also important to note that the requirements for prequalification can vary based on the situation. Take this time to ask questions about the different loan types, interest rates, repayment terms and other details that can help you make a more informed decision. END