Mortgage Pre-Approval2018-10-23T13:25:45+00:00

Mortgage Pre-Approval

What is a Mortgage Pre-approval and renewal?

A mortgage pre-approval is a process that gives you information to help you with your search for your new home. When you get pre-approved for a mortgage, you’ll find out:

– The limit you can afford to spend on a new home

– The monthly mortgage payment associated with your limit

– What your mortgage rate will be

Applying for a mortgage pre-approval is easy and we at GTA BEST MORTGAGE can push you in the right direction. But, getting pre-approved does guarantee that the mortgage rate you’re offered by a lender won’t change for 120 to 160 days. By locking your rate, you’re protected if interest rates rise when searching for a home.

Mortgage renewal is the opportunity to review your current financial situation – and our goal here at GTA BEST MORTGAGE is making sure you select the right mortgage options for your budget. You’ll get a letter from the lender before your renewal date to discuss your interest rates, future plans (home renovations, a move, etc.) and more which you would be thinking of planning.

What’s Next?

*Subject to approved credit, income verification and meeting lending credit granting criterea. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.
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Client Testimonials

Excellent service, great rates and attention to detail. You walked us through everything so there were no surprises at all. Were grateful that we found your services! Highly recommended for sure.
Karen and Jeff, Company Name
We wanted to get a mortgage through our bank but came across your website on the internet. Are we ever glad we did. We saved literally tens of thousands of dollars and the whole experience was a breez..
Dan and Cindy, Company Name

Contact

  • Address: 2480 St. Clair Ave Toronto Ontario M6N 1L3
  • Phone Number: (416) 274-7414
  • Fax Number: (647) 499-6640