Not well known to many, mortgage pre-authorization is an essential tool when shopping for a possible property or during a refinancing.
It will be based on your income and repayment capacity and will be given to you in the form of a "certificate" issued by a financial institution.
Well informed, you can then visit and negotiate properties with peace of mind and confidence with the following benefits:
An interest rate guaranteed for a minimum of 90 days
Make you a serious buyer with sellers
Knowing exactly how much you will be granted
Greatly accelerates final mortgage acceptance