Deciding What You can Afford
Determining what you can afford is a key step in the home buying process. Once you know what you can afford, getting pre-approved for a mortgage allows you to shop for a home with confidence.
Getting pre-approved
Knowing how much of a mortgage you’re approved for gives you more buying power. Your purchase offer will stand out from the others when you also include a committment letter, which is proof of your ability to obtain a mortgage from a lender.
To apply for a mortgage or a pre-approval, you will need to provide information about your income, credit and assets.
With a Pre- Approval Certificate in-hand, you’ll have the leverage you need to successfully negotiate a home purchase.
On April 2, 2022, People's United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People's United division of M&T Bank until we complete the integration of our systems later in 2022. M&T Bank is a Member FDIC, 
Equal Housing Lender and Equal Opportunity Lender.