What is a pre-approval?
Getting pre-approved is the most important thing to do before you go home buying.
A pre-approval will let you know the maximum mortgage that you may qualify for.
The calculations are based on an individual's income, credit and liabilities.
A pre-approval is free and can be done in under 24 hours!
3 Reasons to get pre-approved
Know your
maximum purchase price
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What's the maximum price you can afford
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Estimated your heating, monthly strata and property tax
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Learn about how 'the stress test'
Lock in Your Rate For 120 days.
Your Rate Can Only Go Down
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Guarantee your rate (Payments can only go lower)
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Know your monthly payments
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Budget planning friendly
Realtors and Sellers Will Take You
Way More Seriously
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You can show your pre-approval to prove that you can afford the property you're searching for
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I can refer you to realtors that knows your location!
Example of a Pre-Approval
Person Addressed To
Interest Rate
Term and Amortization
Max Mortgage Amount
Monthly Payments
Possible Conditions
and Disclaimers
Bank/Lender
