Everyone agrees that for a stress free purchase it is essential that you are pre-approved. Just going to your own financial institution and chatting with a mortgage lender does not constitute a pre-approval. An actual application has to be taken, with you providing income verification and down payment information, this allows you to be properly pre-approved.

We can obtain an interest rate guarantee for up to four months this gives you the peace of mind to take your time in looking for the right house. This rate guarantee can also protect you in the event that interest rates are on the rise. If interest rates decrease you will automatically receive the lower rate.

If you are unable to find a home during the four month period we arrange to extend the pre-approval at the current interest for an additional four months.