Mortgage Pre-Approval
If you want to enter the Prince George Real Estate market, receiving a pre-approval is the first step when considering buying a home. It gives you a more transparent picture of what you can realistically afford based on your current income and debt.
Benefits of Receiving a Pre-Approval
- It is a free service.
- Provides a guideline for your mortgage eligibility (not a guarantee).
- It protects you from rising interest rates during the duration of the pre-approval.
- In competing offers, a solid pre-approval letter from a reputable broker or bank will help you have a competitive advantage over other buyers, as sellers will take your offer more seriously.
Jessica would be more than happy to help with arranging a pre approval.
Mortgage Calculator
Try our mortgage calculator below to find out your monthly payment. It is best to test different scenarios by adjusting the down payment amount and amortization length to see what you can afford. If you still need to be pre-approved, Jessica can connect you with a lender.