Mortgage Broker

Pre-Approval

When Should I Get a Mortgage Pre-Approval?

As soon as you start to think about purchasing a home!
Without a pre-approval, you won’t know what you qualify for or what your monthly payments would be. Most Realtors also insist on having a pre-approval in place before they start showing you properties.

What is a mortgage pre-approval?

A mortgage pre-approval is a necessary step in the home buying process. Here’s why: 

Know Your Budget

You’ll be aware of the mortgage amount you can borrow, so your real estate agent can show you homes within your price range.

Address Issues Early

I can address any opportunities or issues up front that could affect your qualification or the rate you can get.

Strengthen Your Offer

Sellers prefer offers from buyers with pre-arranged financing, especially for desirable properties.

Rate Hold

When appropriate, I can get you a rate hold with certain lenders, ensuring your interest rate is guaranteed for up to 120 days.

Apply Today!

You can apply today for a rock-solid pre-approval before heading out to viewings and open houses. You’ll also receive a full purchase report, so you understand all the upfront and ongoing costs associated with buying a home.

Mike Boniferro
Mortgage Broker
Originator Licence #M18001301

TLC Mortgage Group
Independently Owned and Operated