Discover how much you can afford for your home purchase with the assistance of mortgage pre-approvals. These pre-approvals are essential as they help determine your financial strategy, including the mortgage amount, down payment, and overall affordability. Additionally, they provide guidance on the necessary documentation for conditional approval. This pre-approval process serves as the initial step towards obtaining mortgage approval and provides an accurate calculation of how much you can borrow from a lender based on your current financial situation. It also identifies any potential obstacles that may affect your qualification and accelerates the approval process. Pre-approvals typically have a duration of 60, 90, or 120 days and some lenders offer the option to secure the interest rate to protect against potential increases. Our innovative tools in Canada aid in reducing errors, improving efficiency, and saving valuable time. Utilize our quick pre-qualification tools to determine your eligibility.