What is Pre-Qualification?
It's a fancy word for estimating the maximum house price that you can afford. It's really the first step towards homeownership.
Once you know your exact pre-qualified amount, you can confidently shop for homes in that price range.
How does it work?
Get to know your purchase power
Answer a few simple questions and our world-class algorithm crunches the numbers and calculates your maximum home price.
You'll also receive a detailed report with all the bells and whistles. With this power in your pocket, you can confidently start looking for your new home.
All your information stays private to you and no one will ever try to contact you. This doesn't mean we are not here to help when you need it.
Once you are pre-qualified, you'll get access to special services. For instance, you can request a free professional consultation with one of our experts to see how you can improve your numbers or you can request for pre-approvals from multiple lenders.
Is it Accurate?
You bet it is.
We consulted with some of the top mortgage experts in Canada and interviewed lenders to understand the inner works of their underwriting techniques.
Our world-class algorithm also uses advanced techniques to account for complex mortgage rules, rental scenarios, the complete B20 guidelines (stress test). We also leverage location specific proprietary data to estimate heat, condo fees and property taxes.
You'll be impressed once you see what we believe is the most accurate pre-qualification in the world.