If you are in the process of buying a home and want to determine how much you can afford, I can help you with mortgage pre-approvals. This involves assessing your financial situation and helping you define your financial strategy, including determining the mortgage amount, down payment, and overall affordability. I will also provide guidance on the necessary documents you will need for conditional approval.

Obtaining a mortgage pre-approval is an important initial step towards getting approved for a mortgage. It allows you to find out how much you can borrow from a lender based on your current financial circumstances. Additionally, it helps identify any potential qualification obstacles at an early stage and can speed up the overall approval process.

The duration of a pre-approval typically ranges from 60 to 120 days, depending on the lender and your credit standing. Some lenders even offer the option to lock in the current interest rate, protecting you from potential rises in rates during the pre-approval period.

To ensure the accuracy and efficiency of the pre-approval process, we utilize advanced tools that are among the most cutting-edge in Canada. These tools help reduce errors, improve efficiencies, and ultimately save you time.

In addition to mortgage pre-approvals, we also offer quick pre-qualification tools that provide you with information on what you may be qualified for. This gives you a clearer understanding of your financial position and can help guide your decision-making process when it comes to home buying.

Overall, our goal is to assist you in assessing and understanding your financial capacity for a home purchase. With our expertise and resources, we can help you navigate the mortgage approval process and determine the best financial options for your individual needs.