Before you start house hunting, it's important to determine how much you can afford for your home purchase. One of the key steps in this process is obtaining a mortgage pre-approval. I am here to assist you with this vital step by helping you develop a solid financial strategy, including determining the mortgage amount, down payment, and overall affordability.

Mortgage pre-approval is the initial phase in securing a home loan. It reveals the borrowing amount a lender is willing to offer based on your current financial situation. This process helps identify any early qualification challenges, allowing you to address them promptly and ultimately speeding up your mortgage approval. I also provide guidance on the documents needed for conditional approval, ensuring that you have everything in order.

Pre-approvals generally last between 60 and 120 days, depending on the lender and your credit status. Some lenders even offer the option to lock in your interest rate during this period, protecting you from potential rate increases. To streamline the process, advanced tools available in Canada minimize errors and improve efficiency, saving you valuable time. Additionally, our quick pre-qualification tools can give you an immediate estimate of what you might qualify for, making your home buying journey smoother and more informed.