A Mortgage-in-Principle (MIP) is a certificate that tells you whether and how much Generation Home would be potentially prepared to lend you.

You can get this before you complete a full mortgage application and it will give you credibility with estate agents and sellers when you submit an offer on a property.

Some people refer to this as a Decision-in-Principle (DIP), an Agreement-in-Principle (AIP) or a Lending Certificate.

Did this answer your question?