Discover your home purchasing power by obtaining a mortgage pre-approval, which will assist in determining your financial strategy, mortgage amount, down payment, and overall affordability. This process involves advising on necessary documents for conditional approval, identifying potential qualification obstacles, and expediting the approval process. Pre-approvals typically have a duration of 60, 90, or 120 days and may offer the option to lock in the interest rate. Utilizing advanced tools in Canada, errors can be minimized, efficiencies can be improved, and time can be saved in the pre-qualification process to determine your borrowing capabilities.