Discover your home buying potential by obtaining a mortgage pre-approval, which will assist in determining your financial strategy, mortgage amount, down payment, and affordability. This process also includes guidance on the necessary documents needed for conditional approval. By receiving a pre-approval, you will be able to understand how much you can borrow from a lender, identify any potential obstacles to qualification early on, and speed up the approval process. The duration of pre-approvals typically ranges from 60 to 120 days, with the option to lock in the rate with certain lenders. Utilize advanced tools available in Canada to streamline the process, reduce errors, and save time, as well as quickly determine your qualification status.