It’s smart to get pre-approved for your mortgage, even if you think you’ll easily qualify.
Getting pre-approved guarantees you an interest rate for 120 days so you can take your time to find the right property without worrying about rates increasing. And if rates drop, many lenders will give you the lower rate.

A pre-approval also allows you to accurately budget for your future mortgage and property tax payments so you know you can comfortably afford your new home.

Pre-approvals also provide an opportunity to discover potential issues that should be cleaned up early in the application process.

Many banks and brokers only pre-qualify buyers. This means they are only asking a couple of quick questions and not doing a thorough review of income, down payment and credit history before the client goes shopping for a home. Sadly, the lack of a proper pre-approval often ends up with the client discovering they don’t qualify for the home they just made an offer on and they’ve wasted their time, some money and emotion they’ve invested into finding the perfect home.

Don’t let that happen to you. Get properly pre-approved by a broker who will take the time to thoroughly review your situation and match mortgage strategies to your specific needs to help you save money in the long term..

Email or phone 780.721.4879 to get pre-approved today.