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Mortgage Pre-Approval

A mortgage pre-approval is the first step towards home-ownership. At RateDesk.ca, we compare some of the best pre-approval rates in Canada and outline the steps involved in securing a rate and purchasing a home. 

Best Pre-Approval Rates

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Why Should I Bother To Get Pre-Approved?

Most buying Realtors will ask their clients to go through the pre-approval process prior to viewing homes. This ensures that a potential homebuyer is serious and gives confidence that they are looking in the right price-range. 

Another reason for  New homes for sale hit the real estate market daily. Your representative will be in regular contact with sellers and other real estate agents to ensure you see all the newest listings right away, whether or not they're made public. Often, buyers can put in offers with little or no competition and walk away with an impressive deal on the property of their choice. Your agent will save you valuable time by making sure you only see properties that meet your needs and investment preferences.

Is A Pre-Approval 100% Guaranteed?

As you compare the best deals, your agent will provide you with important information about the home, its neighborhood, zoning issues, utilities, and nearby plans for development.

What If Rates Go Down?

Many real estate transactions include an extensive negotiating process. Your agent will represent you and get you the best deal possible. Expect them to attend property inspections, make sure any and all agreed-upon repair work is carried out, and to handle the paperwork related to the sale. An agent can also help set up the financing for your investment, and work directly with a broker to provide you with a seamless service package.

Once A Pre-Approval Is In Place, When Should I Contact My Mortgage Broker Again?

Working with a dedicated agent on your next home purchase will save you time and add professional assurance to every step of the process. With the guarantee of a solid investment, the decision could also make you more wealthy when it's time to sell.

Contact us to set up a consultation & learn more about the pre-approval process.