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.
Thanks to the Valko team for a smooth trouble free refinance! A+ service would greatly recommend this team !
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Rick Kane
5 days ago
We have been in a transition of buying a home for 4 years due to personal circumstances. Cindy has been there for us, answering questions and helpful during the entire process. We were recently able to actually move ahead with pursuing buying a home, and Cindy made the mortgage process smooth, easy and calm. She went above and beyond and service and we will recommend her to anyone looking for a mortgage broker.
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Rob Dunham
6 days ago
Excellent to work with, quick and efficient. Do everything they can to help you achieve your goal!
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Clara
12 days ago
Josh Kuepfer
20 days ago
I have been working with Tracy Valko and team for almost 2 decades. They are very knowledgeable, proficient and caring. I would highly recommend them to anyone who needs to finance a mortgage.
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Xe Xiong
27 days ago
Narayanlal Shera
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.