Mortgage Pre-Approval in Alberta

Know What You Can Afford, Before You Start House Hunting

Overview

A mortgage pre-approval is one of the most important steps in the home buying process. It helps you understand what you can realistically afford and how lenders will view your application, before you make an offer. We go beyond online calculators to provide a proper, lender-supported pre-approval, so you can move forward with confidence.

What We Review During a Pre-Approval

A strong pre-approval looks at the full picture, including:
• Income and employment structure
• Down payment source and documentation
• Credit profile and lender guidelines
• Purchase price range and monthly payment comfort

The goal isn’t to stretch your budget. It’s to establish a safe, supportable price range that holds up once an offer is accepted.

Why a Pre-Approval Matters

A proper pre-approval:

• Identifies potential issues early
• Reduces surprises at conditional approval
• Strengthens your position when working with a Realtor
• Helps you make informed decisions before writing an offer

What to Expect

We’ll guide you through the documentation lenders require, such as income and down payment confirmation, and explain any conditions that must be met for full approval. Pre-approvals are typically valid for 60 to 120 days, provided your financial situation remains stable.

Next Steps

If you’re planning to buy in Edmonton or anywhere in Alberta, a pre-approval provides clarity on your budget and a clear path forward.