Mortgage Pre-Approval and Pre-Qualification
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Find out how much home you could afford in 30 seconds
Pro tip: Don’t worry if your dream home costs more than what you initially qualify for. We will guide you through the process to help you qualify with more lenders, secure lower rates, and benefit from better terms and features.
Step 1: Mortgage Pre-Qualification
A pre-approval is a formal written document that lenders issue after your mortgage broker thoroughly assesses your financial background, including your credit score, employment history, and income.
It shows sellers that you're a serious and qualified buyer and increases your chances of making a winning offer without the need to search for properties again.
Benefits of Pre-Approval:
States the maximum mortgage amount you qualify for
Rate holds for up to 120 days
Allows you to estimate your monthly mortgage payment
Pro tip: Keep in mind, pre-approval offers a useful estimate but doesn't guarantee mortgage approval. Meeting all terms and conditions is essential for final approval.
Step 2: Mortgage Pre-Approval
Once you complete the form, we'll call you to discuss your goals. We'll ask a few questions, go over any questions you have.