Discover your home purchase affordability through a vital mortgage pre-approval process that assists in defining your financial strategy, mortgage amount, down payment, and overall affordability. This initial step towards mortgage approval not only identifies the amount you can borrow from a lender based on your current finances, but also highlights any potential qualification obstacles and expedites the approval process. With pre-approvals typically lasting 60, 90, or 120 days, depending on the lender and your credit standing, some lenders even allow you to lock in rates to safeguard against rising interest rates. Utilizing advanced tools in Canada to reduce errors, improve efficiencies, and save time, our quick pre-qualification tools provide insight into your eligibility for a mortgage.