Why Mortgage Pre-Approval is Your First Step to Buying a Home in Toronto
Getting pre-approved for a mortgage is like having a map for your home-buying journey. Recently, I worked with a couple, where the wife was on maternity leave, and they were unsure if they'd qualify. By getting pre-approved first, they learned that lenders can consider maternity leave income with the right documentation. This not only dispelled their doubts but allowed them to qualify for more than expected. Knowing their budget gave them confidence and focus, making the search stress-free.