Need a pre-approval?
Find out how much you can afford before you go house-hunting with a pre-approval! This will keep you focused on shopping for homes within your price range. If you qualify for a pre-approved mortgage, you’ll be certain of the size of mortgage for which you qualify and guaranteed a rate for a specific period of time. If you don’t qualify for a pre-approved mortgage, we will be able to help you estimate a mortgage-qualifying amount.
Shopping for a home can be less stressful when you know your budget and payments before you buy. Sometimes this allows you to go in firm in a bidding war situation. When our brokers do a pre-approval they review the income and credit up front, so there’s no surprises. Many times when a lender is doing a pre-approval it can just be based on income and not credit. Because of this they can withdraw their pre-approval offer. Speak to one of our agents today to lock in a rate for up to 4 months with a rate guarantee.
A question we often get asked when doing pre-approvals is, ‘will my credit score get effected?’ When brokers do a pre-approval pull a credit bureau it is what is called a ‘soft check.’ This means that while it will still show that the broker pulled your credit bureau, it will not effect your score. However, we do not recommend pulling your credit bureau often in a short amount of time, regardless of whether it is with a broker.