Price Range
How much can we actually afford? By Applying for a pre-approval you will know what price range to focus on and avoid disappointment.
Head-Start
Save time and speed up your home search. Your realtor will know exactly what kind of properties to look for, saving you both time.
An Edge
A pre approval will give you an edge over other buyers since sellers prefer to go with buyers whose mortgage is already pre-qualified.
Budget & Plan
Pre-approval helps you plan your money wisely since you can calculate your down payment and monthly payments. you know what to expect.
Negotiation
A pre-approval can help you negotiate a better price when searching for your new home, this saves everyone time and a lot of stress in the process.
Locked Rates
The biggest benefit of all, is the ability to lock-in your mortgage rate for up to 90 days or 120 days (new construction). Protecting you from any increases in interest rates.
Approved!
It's just one of our favourite words
Mortgage Preapproval
Why Should I Get Pre-Approved?
Ready to invest in your own home? the first step is to find out just how much you can borrow before you fall in love with a property that may not be within your financial reach.