Are you looking to purchase a home but unsure about how much you can afford? Look no further, as I can assist you with vital mortgage pre-approvals that will help define your financial strategy. By going through the pre-approval process, we can determine the mortgage amount, down payment, and affordability that would work best for you.

During this process, I will also provide guidance on the necessary documents required for conditional approval. This will ensure that you are well-prepared and have everything in order, making the approval process smoother and faster.

Obtaining a pre-approval is an important step towards getting your mortgage approved. It allows us to determine the amount you can borrow from a lender based on your current financial situation. Additionally, it helps identify any potential obstacles to qualification early on, which can be addressed and resolved before applying for the mortgage. This saves time and reduces the risk of disappointment later on.

Typically, pre-approvals have a validity period of 60, 90, or 120 days, which depends on the lender and your credit standing. If you choose to go with certain lenders, you may also have the option to lock in the current interest rate. This protects you from any potential rise in interest rates during the validity period.

We use the most advanced tools available in Canada to make the process as efficient as possible. These tools not only reduce errors but also improve the overall efficiency, saving you time and effort.

If you're unsure about where you stand financially and want to get an idea of what you're qualified for, our quick pre-qualification tools will provide you with that information. This will give you a ballpark figure and help you start your house-hunting journey with a clear idea of your financial limitations.