Mortgage Preapproval
Start Smart. Buy with Confidence.
Getting pre-approved is more than just a first step—it’s a strategic move that sets you up for success on your homeownership journey. It gives you a clear picture of your budget, signals to sellers that you're serious, and makes the entire buying process smoother from start to finish.
Whether you’re a first-time buyer, planning a move in the next few months, or just want to know what you can comfortably afford, a pre-approval puts you in the driver’s seat—ready to shop with confidence and negotiate with power.
What We Review During Your Pre-Approval:
- Your income and employment details
- Your credit score and history
- Your down payment and available savings
- Your debt-to-income ratio
Does a pre-approval hurt my credit?
A pre-approval has little effect on your credit and is a smart step toward homeownership.
How long is a pre-approval valid for?
Most mortgage pre-approvals are valid for up to 120 days (about 4 months), depending on the lender. This gives you time to shop for a home while locking in a rate and understanding your budget.
Even if you’re not 100% sure you’ll be buying within that timeframe, it’s still a smart move to get pre-approved early. It prepares you for when the right opportunity comes along and gives you a clear financial picture so you can make confident decisions—whether that’s next month or a little further down the road.
Can I get pre-approved if I’m self-employed or new to Canada?
Yes! We work with many lenders who offer flexible options for unique situations. To learn more about our new to canada services, click here.
Attention to detail. Honest and worked well to find solutions to any barriers encountered.
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Casandra Di Benedetto
11 days ago
I am very pleased with my experience in working with the Tracy Valco team. They were very knowledgeable and friendly throughout the whole process.
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Todd Sutherland
13 days ago
Thomas Slansieu
15 days ago
We had such a great experience working with Tonya and Santiago. Tonya took the time to explain everything clearly, answered all of our questions and made our first home purchase experience so smooth. She was prompt with replies so we never had to wait long for answers or clarification as we navigated the many steps in the purchase process. Tonya and Santiago talked us through our options and helped us understand each of them thoroughly so we could make an informed decision about our mortgage. Dan and I truly felt so supportive and highly recommend this team. Thanks so much!
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Laura Briston
20 days ago
Trish Barron
22 days ago
TJ Howard-Esposito
22 days ago
Ready to take the first step?
Let’s get you pre-approved today. We’ll shop the best rates, simplify the paperwork, and set you up for success.