Looking to purchase a home but not sure how much you can afford? Look no further! I am here to assist you with the vital mortgage pre-approval process. By going through this process, we will be able to determine your financial strategy, mortgage amount, down payment, and affordability.

One of the benefits of getting pre-approved for a mortgage is that it allows us to advise you on the required documents for conditional approval. This means that we will guide you on what paperwork you need to provide to the lender in order to move forward with the approval process.

Getting pre-approved is crucial because it is the first step towards actually getting approved for a mortgage. It gives you an idea of how much you can borrow from a lender based on your current financial situation. It also helps identify any potential obstacles that may affect your qualification for a mortgage, allowing us to address them early on.

Another advantage of getting pre-approved is that it speeds up the overall approval process. By having your financials in order and knowing how much you can borrow, you will be able to move quickly when you find the perfect home.

Pre-approvals typically have a duration of 60, 90, or 120 days, depending on the lender and your credit standing. Some lenders even offer the option to lock in the interest rate during this period, protecting you from potential rate increases.

Furthermore, we utilize the most advanced tools in Canada to ensure accuracy, efficiency, and time-saving. These tools help reduce errors and allow you to save precious time during the pre-approval process.

Curious to know what you're qualified for? Our quick pre-qualification tools can give you an estimate of your eligibility. This will help you have a better understanding of your buying power and allow you to make informed decisions when searching for your dream home.