The property budget should always be the first step. You will need to provide your mortgage advisor with your net income figures, your available savings, other debts and a few other information on your status (what is your residency status, are you married, do you have children) to calculate your property budget. To help you make an offer for a home or apartment during your property search, your mortgage advisor will also be able to provide you with a mortgage pre-approval that you can provide to a realtor or owner of a property and which shows that your numbers have been reviewed.