IMPORTANT NOTICE: Effective October 17th, 2016, all mortgages will now be approved based on the Bank of Canada qualifying rate (currently 4.64%) regardless of what rate/term you are actually receiving. If you have previously been preapproved prior to the changes taking effect, please give me a call (even if I wasn't the one who approved you). Depending on your income level, the amount of your approval may be declining as much as 20%!.
Need a pre-approval before you go househunting?
Find out how much you can afford before you go househunting! This will keep you focused on shopping for homes within your price range. If you qualify for a preapproved 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.