A true pre-approval with us at Boychuk Mortgage Group is a guaranteed stamp of approval that we have done the proper due diligence to protect your best interest in advance of shopping for your new home.
Your pre-approval includes a one-on-one success planning session to help educate you and to create a long-term mortgage and wealth strategy!
In this step, we review your mortgage application, examine documents, check your credit, then source and present the best lender(s) and product for your situation.
This step is a realistic overview of your financial situation and NOT a quick online app calculation. It’s important to know that these online options are a great tool to get a general understanding but are not an accurate tool that you would want to use solely prior to house shopping.
Our pre-approvals are a free, no obligation step put in place to help you understand your unique borrowing power before starting the home buying process with your realtor.
Your pre-approval rate will be held for 120 days (sometimes more), protecting you should rates rise. This comes with a guaranteed best rate at time of submission.
Understanding your borrowing power at time of offer, not only gives you the upper hand in negotiations, but it provides you the confidence to act.