Discover how much you can afford for your home purchase with assistance in securing vital mortgage pre-approvals, determining your financial strategy, mortgage amount, down payment, and affordability, as well as advice on necessary documents for conditional approval. Pre-approval is the initial step towards mortgage approval, providing insight into the amount you can borrow from a lender based on your financial situation, identifying potential qualification obstacles early on, and expediting the approval process. The duration of pre-approvals typically ranges from 60 to 120 days, with some lenders offering the option to lock in rates to safeguard against increasing interest rates. Take advantage of advanced tools in Canada to minimize errors, enhance efficiencies, and save time, while our quick pre-qualification tools help you determine your qualification status quickly.