If you are planning to purchase a home, it is important to determine how much you can afford. I can help you with this by assisting you in getting a mortgage pre-approval. This process involves analyzing your financial situation to define your mortgage strategy, including the mortgage amount, down payment, and affordability.

I can also provide guidance on the documents that are required for conditional approval. This step is crucial in the mortgage approval process as it helps identify any obstacles that may prevent you from qualifying for a mortgage. Additionally, obtaining a pre-approval can also speed up the overall approval process.

The duration of a pre-approval varies depending on the lender and your credit standing. Typically, pre-approvals are valid for 60, 90, or 120 days. However, some lenders offer the option to lock in the interest rate during this period to protect you from any potential increase in rates.

We utilize the most advanced tools available in Canada to ensure accuracy, efficiency, and time savings. These tools help reduce errors during the pre-approval process and ultimately save you valuable time.

In addition to mortgage pre-approvals, we also offer quick pre-qualification tools that can give you an idea of the amount you are qualified for. These tools provide a preliminary assessment based on your current financial situation, allowing you to have a clearer understanding of your borrowing capacity.

Overall, obtaining a mortgage pre-approval is an essential first step in the home-buying process. It provides you with valuable information about your borrowing ability, identifies potential obstacles, and accelerates the approval process. With our advanced tools and quick pre-qualification options, we can help simplify this process for you.