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.
Working with Tracy and Cindy has been a total breeze! They are knowledgable, kind, educating and make buying a home an ease. As a bonus, they both have an excellent sense of humour and are a blessing to work with. We would recommend to anyone looking to get a new mortgage!! Thanks ladies, from Amanda & Matt
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Amanda Mader
1 day ago
Linda Redzeposki
2 days ago
I have used the services of Tracy Valko's team for several mortgage services and always been very pleased. Cindy was very helpful and reassuring, even when unexpected challenges came up and everything was completed smoothly.
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Carly Lounsbury
4 years ago
I have been using Tracy Valko services for over 15 years. Always great service, advice and the team really helps you to find the best mortgage for your situation.
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Carrie Byfield
3 days ago
Valko Financial’s webinars are clear, engaging, and full of practical advice. Highly recommend attending
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eric loeng
9 days ago
I attended one of Tracy’s webinars and it was very educational!
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Rina Chan
9 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.