Skip links

What is a mortgage pre-qualification?

Shopping for a property or planning to soon?
If so, becoming pre-qualified by Team Distinction — is a must!

Get pre-qualified
pre-qualification

Multi-Prêts Hypothèques

Why get pre-qualified?

When planning for homeownership, whether you are interested in a house, condo, cottage or a rental property, a mortgage pre-qualification is essential.

Without one, do trust you are unnecessarily complicating your experience.

In fact, being pre-qualified offers you :

01
Peace of mind in knowing your borrowing capacity (allowing you to target properties you can truly afford)
02
Strengthened credibility amongst sellers (which increases the chances of your offer to purchase being accepted versus those of other buyers)

Planification

Mortgage Pre-qualification

A mortgage pre-qualification’s analysis relies on various criteria, including:

Get pre-qualified
1

Your employment income;

2

Your credit score;

3

Your savings;

4

Your assets.

It is no surprise that a heavy debt load and irregular income severely limit your ability to borrow.

On the contrary, lenders favour mortgage applications showcasing low debt and stable employment!

Get pre-qualified with Team Distinction

Team Distinction offers you a 100% online mortgage pre-qualification, in only 5 minutes! Simply fill out the form’s fields and follow the steps. Please do not hesitate to reach out if you have any questions!

GET MY PRE-QUALIFICATION

Do not hesitate to contact us if you have any questions!

Loading...