Mortgage Pre-Approval Services

East Gwillimbury Residential Mortgage Broker

PRE-APPROVALS East Gwillimbury

Devon can help you to get pre-approved. This will let you know for certain what you can afford based on lender and insurer criteria, and what your payments on a specific mortgage will be.

Interest rates can be locked in for you for anywhere from 60 – 120 days while you shop for your perfect home. By locking in an interest rate, you are guaranteed to get a mortgage for at least that rate or better. If interest rates drop, your locked-in rate will drop as well. However, if the interest rates go up, your locked-in interest rate will not, ensuring you get the best rate throughout the mortgage pre-approval process.

Getting pre-approved for a mortgage is something every potential home buyer should do before going shopping for a new home. A pre-approval will give you the confidence of knowing that financing is available, and it can put you in a very positive negotiation position against other home buyers who aren’t pre-approved.


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