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.

Tracy and her team are very professional and knowledgeable in their field. She explained the process well and was easily accessible for our questions. thank you so much Tracy and team.

Marilyn Morgan

5 days ago

They were really helpful and explained a lot even when issues arose

Eric Pintar (Pinn_e)

17 days ago

Really helpful for the most part....better for someone who has experience with purchasing a house as we felt a little lost at times and could have used more details for what we were required to do next or normal time lines etc. Also not always the best at returning calls or emails, we understand we probably had more questions as we were new to this and the housing market is still crazy so that probably played a part in it. Overall happy with everything and now have the house of our dreams!

Crystal Thomson

21 days ago

This is the second time dealing with Valko Financial and we are so glad we did. We as Seniors are very grateful, impressed, and relieved to have dealt with the Valko team who advised us and used their professional expertise to secure our new mortgage. Interceeding on our behalf to iron out any challenges during the process to ensure an excellent result. All of this was done with a friendly informative and unintimidating manner. I would definitely highly recommend you give them a call for your financial needs.

Susan Kormylo

5 years ago

My boyfriend and I used Valko Financial to buy our first house together! We had an awesome experience with Nikki as our mortgage broker! She was prompt, friendly and very professional! She made the process very easy to understand, took her time and was attentive with any inquiries!! Nikki and the Valko team made the experience really good!

Stephanie Moni

1 month ago

Dealing with Tracy Valko , specifically Cindy White, is always a pleasure. This team is knowledgeable and always quick to answer questions. We trust working with this team and would recommend them to anyone seeking a mortgage broker! Thank you Cindy for your help on our 2025 renewal!

Tanya Vlahovic

1 month 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.

Book A Free Consultation Start Your Pre-Approval