Before submitting this form make sure to check some of the requirements for a preapproval. These include – but are not limited to:

1. You’ll need at least 20% of the home’s price (for example, $100,000 on a $500,000 home).
2. Current employment details (e.g., employer’s address, phone number).'
3. If self-employed: Notice of Assessment and T1 General from the last 2 years’ tax returns.
4. Verifiable income sources (e.g., pay stub, employment letter, bank statement showing direct deposit, investment statement)

For a complete documentation list download the Halal Mortgage Preapproval Checklist.