Preapproved mortgage

It's always a great idea to get preapproved for a mortgage. It tells you exactly how much you can spend, shows that you're a serious buyer and simplifies matters with your real estate broker or seller.

Why get preapproved?

A mortgage preapproval paves your way to homeownership because it:

  • certifies your buying capacity
  • tells you how much you can spend, based on your borrowing capacity and down payment
  • can protect you from interest rate hikes if your rate is guaranteed
  • simplifies communication with the real estate broker or seller

3-step preapproval

  1. Determine your financing needs with one of our advisors.
  2. Get a prompt answer.
  3. Get the loan terms and a certificate upon approval.

See a sample preapproval certificate

Tools

My First Home

Thinking about buying a home?

Let us guide you through the process. Use the My First Home tool on AccèsD or on the mobile app.

Log in to AccèsD

Steps

  1. Find out your recommended price range and maximum purchase price.
  2. Compare the process of your favourite properties.
  3. Get preapproved.
  4. Make a purchase offer.
  5. Get home and mortgage insurance quotes.
  6. Finalize the sale.
  7. Get ready to move.