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.
Cindy White is a magician, she was very responsive and ensured we were in the loop every step of the way. I would highly recommend this place for anyone buying a home!
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Jordan John J
8 days ago
Very easy working with Matthew and the rest of the Valko team. They walked us through everything, were very responsive, and made everything very smooth. Would definitely recommend
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Lauren Simpson
10 days ago
It was a very smooth process thanks to the Tracy Valko team. Thank you Tonya for all your help through the process!
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Kevin Carlaw
12 days ago
We had a good experience working with Carol Freeman. She made the process of finding a new lender seamless. She was able to secure us a better rate than our previous lender, which made a real difference.
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Stephanie Lu
17 days ago
I had the pleasure of meeting with Tracy Valko when my son became interested in purchasing a home. Tracy is truly a gem in this very exciting and somewhat challenging times of Real Estate. Tracy offered her extensive knowledge regarding mortgage lending. Tracy continues to share her plethora of referrals to various companies contacts to help us with all of the services we need in or outside of mortgage lending. We will keep in touch with Tracy as she is reliable, approachable and an outstanding achiever! Glad to have met you Tracy!
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Cosmou19
19 days ago
So impressed with the fantastic service I received from Cindy on the purchase of my home and sale of my condo. She went above and beyond to make this process painless and gave some great advice along the way. Edited to add: yet again, 5 years later, Cindy has been nothing short of incredible to work with. She went above and beyond to work with our unique situation and find solutions that fit our family.
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Sarah Parton
20 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.