With my assistance, you can determine the affordability of your future home purchase by obtaining a mortgage pre-approval. This process involves defining your financial strategy, determining the mortgage amount you can borrow, as well as calculating the necessary down payment. Additionally, I can provide guidance on the required documents for conditional approval. A pre-approval is your initial step towards getting mortgage approval, as it reveals the amount you can borrow from a lender based on your current financial situation. It also helps identify any potential obstacles in qualifying for a mortgage and expedites the overall approval process. Typically, pre-approvals have a duration of 60, 90, or 120 days, depending on your credit standing and the lender's policies. Some lenders even offer the option to lock in the interest rate to protect you from any future increases. By utilizing advanced tools available in Canada, I can assist in reducing errors, improving efficiency, and saving you time. Take advantage of our quick pre-qualification tools to find out what you are qualified for in terms of a mortgage.