If you’re serious about buying a home, you need to get pre-approved for a mortgage. Learn what is required so you can speed up the approval process.
Key takeaways ; Many Canadians feel that owning a home is a top priority and to get there, you’ll need a mortgage. ; That’s why finding both the right mortgage and the right lender are very important. ; If you’ve never been through the process of getting a mortgage before, it’s really not that complicated, as long as you understand these 6 essential steps.
When looking for a new home, it's important to be a prepared buyer to get the best deal. Follow our steps to get pre-approved for a mortgage.
A mortgage pre-approval isn't the same as pre-qualification. Learn how to get pre-approved for a mortgage, including what information you’ll need to supply to a lender and what to do if your pre-ap...
To get a clearer view of the mortgage process, it’s helpful to know some of the factors that will be considered when your mortgage application is reviewed. When you apply for a mortgage, your lending specialist will forward your application and the supporting documentation to an underwriter. It's the underwriter's responsibility to review your loan scenario and the supporting documentation to ensure that it meets the loan program guidelines and to determine whether or not you qualify for the l...
Learn everything you need to know about how to get preapproved for a mortgage, including requirements and tips to increase your chances of preapproval.
Our guide on how to get a mortgage will show you the essential steps you’ll go through to get approved for a home loan. From determining affordability and improving your credit score to saving for...
Discover how to get a mortgage preapproved and increase your chances of closing on a house when you’re shopping
What is a mortgage preapproval? · Factors affecting mortgage preapproval · How to get preapproved for a mortgage · Preapproval vs. approval · FAQs about mortgage approval
Learn whether you can get a mortgage with an IVA here. We explain how long you should wait to apply, how to improve your chances of securing a deal & more.