Pre-Approval
Mortgage Pre-Approval in Alberta
Get a clean, broker-certified pre-approval you can trust. We verify income, run the numbers against current lending rules, and issue a clear budget & letter—so you can shop with confidence and write stronger offers.
All mortgage financing is arranged through Dominion Lending Centres Lender Direct (Mortgage Brokerage). Each office is independently owned and operated. OAC; subject to change.
Get Pre-Approved Now!
Why Start with a Pre-Approval?
- Know your number — accurate max purchase & payment before you shop.
- Stronger offers — a broker-issued letter sellers and realtors can trust.
- Fewer surprises — we check documents up front and flag anything early.
- Strategy beyond the rate — penalties, prepayments, portability, and renewal plan.
What You’ll Receive
- Budget & payment snapshot at today’s assumptions
- Pre-approval letter (on request)
- Rate hold (where available)
- Document checklist & timeline to closing
- Next-step plan tailored to your city (Edmonton, Calgary, Red Deer, Fort McMurray, Sherwood Park, St. Albert)
Who This Is For
- First-time buyers wanting clarity and confidence
- Move-up/relocating buyers timing a sale and purchase
- Self-employed with non-traditional income
- Returning buyers after a separation or credit rebuild
The Process (Fast & Clear)
- Discover (10–15 min): Goals, budget, city, and timeline
- Secure Uploads: ID and income/down-payment docs
- Lender Match: We compare programs and structure terms that fit your plan
- Letter & Rate Hold: You get your pre-approval letter and a practical shopping plan
What We Check (and Why It Matters)
- Income: employment letters, recent pay stubs, T4/NOA; self-employed: business financials/T1s/add-backs
- Down payment & closing funds: savings history, gifts, RRSP/HBP, sale proceeds
- Debts & obligations: loans/LOCs/leases/child support (affects ratios
- Credit: we keep inquiries efficient; a single mortgage check is typical
- Property assumptions: taxes/condo fees/heat to ensure realistic payments
Pre-approvals assess you at a qualifying rate under current rules. We’ll explain the stress-test math and show fixed vs variable scenarios.
Documents Checklist
- Government photo ID
- Recent pay stubs + employment letter (or business financials if self-employed)
- Latest T4/NOA (and T1s if self-employed)
- Down payment documents (90-day history/gift letter if applicable)
- Current rent/mortgage statements (if applicable)
FAQ: Mortgage Pre-Approval
How long does a pre-approval last?
Typically 90–120 days with a rate hold (program-dependent). We’ll reconfirm if your search goes longer.
Does the pre-approval guarantee final approval?
It’s a strong indicator, but final approval depends on the property (appraisal, condo docs, title) and any changes in your file.
Will it hurt my credit?
A single mortgage inquiry typically has minimal impact. We keep credit checks efficient.
Fixed or variable?
We’ll model both. Fixed offers payment stability; variable can offer flexibility. We’ll show penalty and prepayment differences.
Can I buy with 5% down?
Often yes—subject to price limits, insurer rules, and your file. We’ll confirm your exact minimum.
Ready to shop with confidence?
We pre-approve clients across Edmonton, Calgary, Red Deer, Fort McMurray, Sherwood Park, St. Albert, and beyond—pairing local insight with nationwide lender access.
Book a 15-Minutes Call Get Pre-Approved