Some people have very busy lifestyles and find the only way to accomplish tasks is to use their computer and the Internet. For some, this is not the recommended option, but others love shopping on the Internet. One way to get pre approved for a mortgage is over the Internet. There are various lending institutes that are more than happy to provide their services to the online consumer. Another great aspect of trying to obtain an approval online, is the time is saves the consumer from traveling or talking on the telephone to submit all of the pertinent information for the preapproval process.