Yes this is standard they want to make sure you can afford it. You can now complete a Request for Tenancy Approval (RFTA) online!A mortgage in principle (MIP) is a document providing an indication of how much you could borrow to buy a property. At States Family Law, I work to help clients plan for their future and protect their finances through a variety of agreements. Not ready to apply, but still want more information? Complete our short online form and a real estate loan consultant will contact you within one day. Welcome to our virtual bulletin board for all principals. Fill out the form in our right sidebar to submit bulletins to be posted below. What happens to the agreement in the event of an eminent domain action for condemnation? Welcome to our virtual bulletin board for all principals.