Tag

pre-approval
We all love lists – lists boil the essentials of any given topic down to a small number of manageable ideas to wrap our heads around. Thanks to Kyle Prevost for pulling this list together. First figure out what you can afford – the pre-approval Get pre-approved long before you actually think you might want...
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Pre-approval for a rental property purchase All realtors want their clients to be pre-approved prior to house hunting, and all buyers should want the same thing. This is true even though there is never, ever a sure thing with pre-approvals – since buyer circumstances can change or maybe the property being purchased will not be...
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Mortgage pre-approval today will reduce CMHC premium It’s old news that starting May 01, 2014, if you have less than a 20% down payment, and you are buying a home you will be charged a higher mortgage insurance premium by CMHC , Genworth, and Canada Guaranty. Several clients have asked me if they can get...
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Dear Ross, we are looking around for our first home, and we want to know how much mortgage we will qualify for. If we ask for a pre-approval, will you have to check our credit history? Is that a ‘hard inquiry’, and will it reduce our score? Yes, if we do a formal request for...
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