What Is the Mortgage Pre-Approval Process in Toronto Like? The mortgage pre-approval process in Toronto involves assessing your financial situation, credit score, and income to determine your borrowing capacity. Lenders provide a pre-approval letter, outlining loan terms and interest rates. This process helps buyers confidently search for homes, knowing their budget and improving their chances of securing a property. Visit https://aubreyborenstein.com/blogs/what-is-the-mortgage-pre-approval-process-in-toronto-like/