A preapproval built on verified documents gives the real budget and holds a rate for 90 to 120 days. It covers you rather than the property, so a lender can still decline on a low appraisal.
Compare the full offer
Two offers at the same rate can differ by thousands if you need to break the term. The penalty, the prepayment privileges and portability decide the real cost as much as the percentage does.
From first call to notary
The file is organized so the realtor, lender, insurer, notary and client understand what remains to be confirmed at each step.
Documents to gather
What the lender will ask for.
Down payment source
Income documents
Monthly comfort zone
Credit profile
Property type
Offer and notary timeline
Frequently asked
What should I budget beyond the down payment?+
Notary fees, inspection, insurance and tax adjustments come out of your own cash. The welcome tax arrives a few months after closing. The cost buyers forget most. Many lenders also want a reserve left afterward.
Should I get reviewed before visiting homes?+
Yes. A clear review helps avoid shopping with a fragile budget or missing documents that could weaken the offer.
Is pre-approval the same as final approval?+
No. Final approval still depends on the property, insurer or lender conditions, and updated documents.
Current rates
Today’s rates, read with their conditions.
These rates are indicative. The one you get depends on your file, the type of mortgage (insured or not) and the lender, and the penalty attached to it matters as much as the number.
Buying, renewing, refinancing or an unusual situation: describe where you are at, even if it is still vague. Mathieu replies with the next steps and the documents to gather.
