Looking to purchase a home but not sure how much you can afford? I can help you with that! With my expertise in mortgage pre-approvals, I can assist you in defining your financial strategy, determining the mortgage amount you can borrow, as well as calculating your down payment and affordability.

One important aspect that I can provide guidance on is the required documents for conditional approval. By advising you on the necessary paperwork, we can ensure a smoother and more efficient approval process.

The first step in obtaining a mortgage approval is through a pre-approval. This process reveals the maximum amount you can borrow from a lender based on your current financial situation. It not only gives you an idea of your borrowing capacity, but also identifies any potential obstacles in the qualification process and helps speed up the approval process.

The duration of a pre-approval varies depending on the lender and your credit standing, typically lasting for 60, 90, or 120 days. Some lenders even offer the option to lock in the interest rate, protecting you from any potential increase in rates.

To ensure accuracy, efficiency, and to save you time, I utilize the most advanced tools available in Canada. These tools are designed to reduce errors, improve efficiencies, and provide a seamless experience for you.

If you're unsure of what you're qualified for, don't worry! We have quick pre-qualification tools that can give you an idea of your eligibility. So, let's get started on finding out how much you can afford for your dream home purchase!