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What Is a Mortgage Pre-Approval?

In this Real Estate Video Mike Mullin Sales Representative for Royal LePage RCR Realty In Orangeville Ontario talks with Chris Little an RBC Mobile Mortgage Specialist.

Mortgage pre-approval is important in a competitive Orangeville buying market.

Having pre-approval helps you shop with confidence. The right advice and the right mortgage product in the right amount can help people know that they can put in offers competitively and not put off Orangeville sellers with financing contingencies.

In addition, it saves a lot of heartache by avoiding you from falling in love with that perfect Orangeville home that you cannot afford.

A mortgage professional with your best interests in mind knows that you will need to be able to comfortably make your mortgage payments meeting other financial goals and saving for retirement.

Thinking of buying or selling? Contact us today to learn about Dufferin County Real Estate or to have Orangeville MLS® Listings sent to your email address.