Are you wondering how much you can afford for your home purchase? Look no further! I am here to assist you with vital mortgage pre-approvals. Through this process, we will define your financial strategy, determine the mortgage amount you can borrow, calculate the down payment needed, and assess affordability.

Additionally, I can provide guidance on the required documents needed for conditional approval. These documents are crucial in ensuring a smooth approval process. By having them ready, we can expedite the process and identify any potential obstacles early on.

A pre-approval is your first step towards obtaining a mortgage approval. It gives you an idea of the amount you can borrow from a lender based on your current financial situation. This information is invaluable as it helps you set realistic expectations when searching for a 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 increases in interest rates.

In order to provide you with the best service possible, we utilize the most advanced tools in Canada. These tools help reduce errors, improve efficiencies, and ultimately save you time during the pre-approval process.

Furthermore, our quick pre-qualification tools can give you an idea of what you are qualified for without the need for a full pre-approval. This allows you to have a general understanding of your borrowing power before moving forward with the full application.

So why wait? Let's get started on finding out how much you can afford for your dream home! Contact us today to begin the pre-approval process and take the first step towards homeownership.