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Prepare for Home Buying with Mortgage Pre-Approval

Need a pre-approval before you go househunting?

Find out how much you can afford before you go! This will keep you focused on shopping for homes within your price range. If you qualify for a pre-approved mortgage, you’ll be certain of the size of mortgage for which you qualify and guaranteed a rate for a specific period of time. If you don’t qualify for a pre-approved mortgage, we will be able to help you estimate a mortgage-qualifying amount.

What To Know About Pre-approvals .

In today’s competitive housing market a pre-approval can be the difference between an accepted offer and losing out on your dream home. A true pre-approval involves much more than talking to someone about numbers. It involves providing as much information as you can upfront and getting written confirmation of the mortgage you qualified for, the rate, as well as the terms.

Here are three important tips you need to know about pre-approvals:

  1. Time will be critical. Providing proof of income, down payment, and credit information prior to purchase will save time after an offer is made.
  2. The rate is not always the most important feature. You should talk to your mortgage consultant about which mortgage solution is best for you.
  3. You can save thousands by discussing mortgage features ahead of time. Ask about pre-payment options to help you pay the mortgage off faster, and penalties if you need to change your mortgage mid-term.

Contact us to See If You Prequalify for a Mortgage

How To Contact Us .


375 E Broadway
Vancouver BC
V5T 1W6

T (604) 738-8128
F (604) 738-8121