Mortgage Pre-Approval Alberta & Saskatchewan

Saskatchewan Mortgage LoanShop for Your Home with Confidence

Many Canadians dream of one day owning their very own home.

The beautiful provinces of Alberta and Saskatchewan have many desirable neighbourhoods and communities to purchase real estate. Investing in a property is a great way to build wealth, especially considering how low the interest rates have been.

Now is as good a time as ever to purchase a property in Lethbridge, Medicine Hat, Red Deer, Calgary, Airdrie, Okotoks, St. Albert, Edmonton or anywhere else in gorgeous Alberta. Saskatchewan home prices have been increasing steadily, so why wait to become a home owner?  Get pre-approved for a mortgage in Saskatoon, Regina and other areas of this great western province.

Getting a Pre Approved Mortgage

Before you go shopping for a home, it's best that you get a mortgage pre-approval first. Doing so has many advantages, such as:

  • Understanding how much you can afford to spend on a home
  • Saving time by only visiting homes that fall within your budget;
  • Providing you with the comfort of knowing how much you can afford;
  • Knowing what closing costs and carrying costs you can expect
  • Getting some of the initial mortgage paperwork out of the way;
  • Focusing on finding the perfect home and being able to act fast on a hot property;
  • Showing sellers that you are serious about buying and are qualified to purchase.

Get Pre Approved Before You Shop

Pre-approved mortgage approval in Saskatoon, SaskatchewanFinance or Refinance

In general, pre-approvals are valid for up to 90 days or even longer.

This means that you can shop around for a home for up to 3 months knowing that you are approved for a mortgage for a set amount.

Doing so will allow you to lock into a specific rate, and give you enough time to find a home that you can afford.  Real estate agents prefer working with pre-qualified home buyers. 

In a hot real estate market, pre-approval allows you to act fast in offering for a home, and eliminates the need for a financing approval clause.  Don’t have a real estate agent? 

Kincaid Mortgages works with many professionals – from realtors to lawyers to decorators, so we can help you find all the professional help you need.