Pre-Approval

Pre-Approval

A Pre-approval is the first step to homeownership

We cannot stress enough that a pre-approval should always be the number one step before you even reach out to a realtor about buying. 

A pre-approval is done by starting a mortgage application and assessing your credit score. From there, preliminary documentation is collected such as job letters, T4s, bank statements, etc. These documents will help us determine what you can afford and will allow us to submit a rate hold to a lender to lock in a rate up to 120 days.

By working with Bac Mortgage, we have a wide variety of different lenders to choose from and can shop the best rates to save you time and money.

Getting a pre-approval done gives you the confidence you need to start your home search and gives your realtor the information they need to hone in on houses that work for you.

 It shows that you're committed to buying a home and have a clear understanding of your budget. Give us a call today or complete the pre-qualification application below to start your road to homeownership!