Securing a Pre-approval

In the pre-approval process, our team will sit down with you and go over your budget and your credit history while we educate you on all of the factors that lenders are looking at when reviewing your application. Additionally, our team will review the costs that come with closing a home, such as legal fees, down-payment amount, cost of transferring land, appraisal fees and any other fees that could potentially affect you when purchasing a home.

Working with one of our qualified professionals, you will be better equipped to begin searching for that dream home. Once you’re approved, you’ll also be eligible to get an interest rate for a time period of up to four months! The rate that you secure will give you protection over any rash interest rate increase. You will also receive the lowest mortgage rate right until your house and mortgage closes if mortgage rates were to decrease during your hold period.

Another major benefit for you is that it’s the same process whether you’re working with a Halifax mortgage broker or a St. John’s mortgage broker – our service is free because it is the lender who pays us! Before you make the commitment to buying a home, we highly recommend that you take the time to search and explore our website to help educate yourself on some of the things you need to know. We offer informational articles such as “10 Steps to Buying a Home”, “Closing Costs That You Need To Know”, and “Can You Afford To Buy A Home?” to help you become as prepared as you possibly can before, during and after the process!