The first step we recommend in the process of purchasing a home is to get pre-approved. This will let you know how much money you qualify for and the best interest rates available. The pre-approval does not lock you into a mortgage, but acts to hedge you against rate increases providing you with a set interest rate and a financial ceiling to start shopping with.
We review each and every pre-approval request and make sure that all the I's are dotted and T's are crossed, before any sort of pre-approval is issued. We are very familiar with each lenders requirements and what conditions to be wary of. This is our job and we expect our consultants to be well versed, so that they represent our clients with the utmost financial knowledge.
Once you get fully pre-approved, you'll have a clearer idea of the mortgage you can afford. You'll be able to look at homes within your price range. When you fall in love with a home, there will be much less opportunity for something to go wrong. Plus, when you do find the right home, if you are already pre-approved, your offer will be stronger.
The seller will be more likely to look at your offer favourably, since you'll already be approved for a mortgage loan.
All you need to do is fill out this application form. We'll review it and then schedule a consultation with you. We'll answer all your questions and make financial planning easy for you. For more information or to speak directly to a mortgage consultant click here.