Mortgage Preapproval

Start Smart. Buy with Confidence.

Getting pre-approved is more than just a first step—it’s a strategic move that sets you up for success on your homeownership journey. It gives you a clear picture of your budget, signals to sellers that you're serious, and makes the entire buying process smoother from start to finish.

Whether you’re a first-time buyer, planning a move in the next few months, or just want to know what you can comfortably afford, a pre-approval puts you in the driver’s seat—ready to shop with confidence and negotiate with power.

What We Review During Your Pre-Approval:

Your income and employment details
Your credit score and history
Your down payment and available savings
Your debt-to-income ratio

Does a pre-approval hurt my credit?

A pre-approval has little effect on your credit and is a smart step toward homeownership.

How long is a pre-approval valid for?

Most mortgage pre-approvals are valid for up to 120 days (about 4 months), depending on the lender. This gives you time to shop for a home while locking in a rate and understanding your budget.

Even if you’re not 100% sure you’ll be buying within that timeframe, it’s still a smart move to get pre-approved early. It prepares you for when the right opportunity comes along and gives you a clear financial picture so you can make confident decisions—whether that’s next month or a little further down the road.

Can I get pre-approved if I’m self-employed or new to Canada?

Yes! We work with many lenders who offer flexible options for unique situations. To learn more about our new to canada services, click here.

Tracy has been an absolute pleasure to work with. During each interaction, it is clear she is very knowledgeable about the market, and able to communicate the mortgage process in a simple, and effective manner. She is very responsive with emails, and punctual with phone calls. As a client, I always felt Tracy had my best interest in mind. I would recommend Tracy to anyone who is looking for their first mortgage, renewal, or just wanting to discuss their options.

Kevin Nogueira

12 days ago

Great experience. Easy to work with. Helped us find a lend in very short notice that met our criteria. Thank you!

PatriciaMartell & JasonFitch

21 days ago

Excellent service From the very beginning to the end, we got help with every single issue all ours questions and concerns were answered best Mortgage broker ever worked with

Diana Vaca

1 month ago

Good job, Valko team!

Jessica Bruce

1 month ago

Working with Tracy was a great experience. Tracy and her team worked hard to get me the best rate and consolidate everything for ease of payment. I would highly recommend Tracy Valko and Valko Financial if you are purchasing a home.

Kathy Shaw

1 month ago

Good job, Valko.

Adam Bruce

1 month ago

Ready to take the first step?

Let’s get you pre-approved today. We’ll shop the best rates, simplify the paperwork, and set you up for success.

Book A Free Consultation Start Your Pre-Approval