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Pre-approval Mortgage, Loan Mortgages in Pre-approval, Canada, Equity Home Loan Refinancing in Pre-approval, Canada, Debt Consolidation Pre-approval, Second Mortgage Rate Pre-approval, Canada, 2nd Mortgage Pre-approval, Refinancing Home Mortgage Pre-approval, Debt Consolidation Pre-approval, High Risk Mortgages in Pre-approval, Private Mortgages in Pre-approval,Buying Home in Pre-approval, Lowest Mortgage rates in Pre-approval, Canada, Bad Credit Mortgage in Pre-approval, Best Open Mortgage in Pre-approval, Canada

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What is a mortgage pre-approval and how do you get it?

Before looking for your dream home, it is a great idea to get your mortgage pre-approved. This should be one of the first steps you take before beginning to buy a home. This way you have a better idea of how much you can afford to put toward your new home. In fact, many real estate agents will ask if you have a pre-approved mortgage before even taking you out to look at homes.

A pre-approved mortgage establishes an interest rate guarantee for approximately 60-120 days for a set amount of money. This amount is calculated based on considerations such as, written employment and income confirmation, and is generally subject to certain conditions.

Let a Basic Mortgage representative make this step easy and comfortable. We will sit down with you to determine your financial situation in order to find which mortgage you are qualified for.