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.
The team walks you through everything - very professional and answered all queries promptly. It was a stress free experience working with the Valko Team
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Mehran Kamal
14 days ago
Extremely professional, responsive and patient especially with first time buyers , highly recommend
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Siddharth Singh
14 days ago
Tracy has been an absolute pleasure to work with. During each interaction, it is clear she is very knowledgeable about the market, and able to communicate the mortgage process in a simple, and effective manner. She is very responsive with emails, and punctual with phone calls. As a client, I always felt Tracy had my best interest in mind. I would recommend Tracy to anyone who is looking for their first mortgage, renewal, or just wanting to discuss their options.
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Kevin Nogueira
21 days ago
Great experience. Easy to work with. Helped us find a lend in very short notice that met our criteria. Thank you!
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PatriciaMartell & JasonFitch
29 days ago
Good job, Valko.
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Adam Bruce
1 month ago
detonator gaming
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.