Tag Archives: Mortgage Pre-Approval Vancouver

First Time Home Buyers Guide Vancouver – Episode 1 – Getting Started!

Posted on March 24, 2010 by mike

This is the first post in a series of videos with tips for First Time Home Buyers in Vancouver’s property market.

So you’re thinking of taking the plunge and buying your first home in beautiful Vancouver!

How much can I spend? Get Pre-Approved! Continue reading →

Posted in: First Time Home Buyers Advice for Vancouver, For Buyers
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A Mortgage Pre-Approval is NOT a Guarantee of a Mortgage!

Posted on February 2, 2010 by mike

Mortgage Pre-Approvals are NOT Guarantees of a Mortgage!

I recently had the pleasure of interviewing Chad Watts of The Mortgage Group about mortgage pre-approvals. He brought up a very important point for Buyers, particularly First Time Home Buyers. And that is a mortgage pre-approval is NOT a guarantee that you will get a mortgage at the amount the Lender originally mentions or get a mortgage at all.

What is a Mortage Pre-Approval?

This is a preliminary estimation by a Lender of how much the Lender will loan you based on very basic information. This number is subject to change based on what property you Continue reading →

Posted in: First Time Home Buyers Advice for Vancouver, For Buyers, Vancouver Real Estate and Mortgage Financing
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