Mortgagenomics Canada

How to get a bullet proof mortgage pre approval?In a hot market like we are in right now, mortgage pre-approvals have become front and centre…particularly, the quality and legitimacy of them. Here in Vancouver (and I am certain in Toronto as well), buyers are placing offers with no financing conditions…and even though I strongly advise against it, I continuously keep on getting subject free offers, one after another. So at the very least, my goal with this blog post is to make sure that people realize that the more work you put into the pre-approval process, the smoother and less stressful your time-restricted purchase process will be.Step 1 - Get your credit score where it needs to be and deal with any issues you currently haveStep 2 - Have your down payment funds confirmed and ready to goStep 3 - Understanding and selecting the right mortgage product for YOUR particular circumstanceStep 4 - Accept the fact that you will have to provide a large amount of documentsStep 5 - Get it all on PaperStep 6