Mortgage solution
Mortgage pre-qualification
A prequalification does two things: it tells you what you can offer, and it shows the blockers while there is still time to fix them.
Validate the range early
What a lender approves and what you can live with monthly are rarely the same figure. Settle the second one first, then treat the approval as a ceiling, not a target.
Find blockers before the offer
A collection balance, a late tax filing or an oversized car payment can be fixed in weeks, but only if you find them before making an offer, not in the middle of the financing window.
Next documents
Mathieu lists the documents needed to go from a first estimate to a stronger pre-approval.
Documents to gather
What the lender will ask for.
- Goal of the file
- Income and documents
- Debts and credit
- Property type
- Preferred timeline
- Lender options
Frequently asked
What is the difference between prequalification and preapproval?
A prequalification estimates capacity from what you declare. A preapproval rests on verified documents and usually holds a rate for 90 to 120 days. Only the second carries weight against competing offers.
Current rates
Today’s rates, with the fine print.
These rates are indicative. Yours depends on your file, the type of mortgage (insured or not) and the lender. And look at the penalty too, it matters as much as the number.
Have your file reviewed before you commit.
Have my file reviewedFinancing types
Pick the situation closest to yours.
Contact
Tell Mathieu about your project
Buying, renewing, refinancing, or something a bit out of the ordinary: tell us where you’re at, even if it’s still fuzzy. Mathieu gets back to you with next steps and the documents to pull together.
- Your request goes directly to Mathieu
- Across Quebec, in French and English
- No fee on most residential files