Service details

A Mortgage Pre-Approval is quintessential and among the first few steps when you are considering purchasing a property. As a Prospective Buyer, this pre-approval helps not only you, but also your Realtor during the negotiation process. There are several advantages of getting a Pre-Approval:

• Obtain a fixed mortgage rate for as long as 6 months to protect against any potential increases in interest rates.
• Understand your budget and affordability in accordance with your family income.
• Understand whether you qualify for the amount you are seeking in order to purchase your dream home.
• Understand the true costs of home ownership and closing fees. Identify your facts before you submit an offer.
• Understand the process of purchasing a home from end-to-end.
• We can recommend the best professionals when you need a Realtor, Lawyer, Insurance Advisor, Home Inspector and more.
• A Mortgage Pre-Approval helps you and your Realtor have a more streamlined negotiation process.

Lock In Your Mortgage Interest Rate

When you obtain a Mortgage Pre-Approval, your mortgage interest rate is unaffected for a certain time period. If mortgage interest rates increase during this period, you can be rest-assured knowing this will not affect you. Conversely, if mortgage interest rates decrease, we can re-apply and you can benefit from the lower interest rate.