What to Expect During the Mortgage Pre-Approval Process in Ontario
Getting pre-approved isn't about jumping ahead; it's about developing a smart pace. It helps shape realistic expectations before falling in love with a property. Lenders review your financial profile, including income, debts, and credit standing, to estimate how much you might borrow. This process creates clarity and positions you competitively. Rather than guessing affordability, you're armed with facts.
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