start your house-hunting journey with a mortgage pre-approval

Before you get your heart set on a house, you need to figure out how much you can afford. The best way to do that is to get a mortgage pre-approval. While getting pre-approved is not required, we highly recommend it as it will make your home buying process much easier. Plus, it’s free!


The advantages of a mortgage pre-approval are:


  • Peace of mind in knowing your financing is already in place.
  • Ability to negotiate a price that fits within your budget.
  • Locks in an interest rate for 120 days.
  • More appealing to sellers.
  • Faster closing period.

How to get a mortgage pre-approval


To get your mortgage pre-approval, one of our lending associates will evaluate your finances to determine the size of the mortgage you can manage (it’s all about the numbers). Find a branch near you or book an appointment online with your favourite lender.



Here’s what you’ll need:


  • One piece of ID (if you’re not a Sunova member yet)
  • Proof of employment and income
  • A list of current assets
    • investments: RRSPs, GICs, TFSAs mutual funds, etc.
    • real estate: Property Tax assessment, value of your home
    • vehicles: make, model and trim of your vehicles (including recreational vehicles)
  • A list of liabilities
    • hydro payment
    • mortgage amount (starting and current)
    • annual property tax payment
    • home equity line of credit amount
    • monthly rent
    • outstanding loan and line of credit balances
    • credit card balances
    • value of any loans in which you are a co-signer or guarantor
  • Confirmation of your down payment


have questions?

Help HQ is here to, well, help! Give us a call at 1.833.378.6682 or start a chat session below!

Help HQ staff are available during the following hours:

Monday – Friday: 8:30 am – 6:00 pm

Saturday: 8:30 am – 4:00 pm


Sunday: Closed

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