This descriptive study sought to determine the level of mathematical creativity, problem-solving performance, and teaching competence of pre-service teachers at a teacher education institution in Iloilo City during the school year 2011-1012. Conducted from November to December 2011, this descriptive research utilized the scores of 31 Bachelor of Secondary Education mathematics majors and their creative ability in mathematics test in terms of fluency, flexibility, and originality; problem-solving test, and BSED Rating Sheet. Means and standard deviations were employed for the descriptive analysis of the study. Pearson’s Product Moment Correlation Coefficient and Multiple Linear Regression tests set at .05 alpha were used for inferential analyses. The statistical computations were processed via the Statistical Package for the Social Sciences (SPSS) software. The study found that the participants had average level of mathematical creativity in their generation of solutions and posing in the Creative Ability in Mathematics Test in terms of fluency, flexibility, and originality. The study revealed that the participants were highly effective in their problem-solving performance. These participants had a high level of teaching competence in terms of personal social qualities, language proficiency, and instructional competencies. It was found out that no significant relationship existed between mathematical creativity and its components, and problem-solving performance of the participants. Finally, problem-solving performance and mathematical creativity of the participants as a whole and in terms of fluency, flexibility, and originality were not predictors of their teaching competence in terms of personal social qualities, language proficiency, and instructional competencies.