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Boosted credibility with the seller
It is very important for a seller to consider a buyer who is buying a home to be affordable and that the buyer is quite sure about their purchase.
Book NowAKAL Mortgages Inc.
Mortgage Pre-Approval
Government Programs for Home Buyers
- Boost Credibility with the seller
- Lock in an interest rate for 60 to 120 days
Apply Now For Instant Approval
20+Years of Experience
50+Lender Partners
5K+Happy Clients
4.9★Client Rating
50+Lender Partners
Best Mortgage Rates
The benefits of getting a pre-approval
By obtaining a pre-approval, you can speed up the process of securing a mortgage loan drastically. When you get pre-approved for a loan, you will generally have a lender review your income and credit information in advance and then they will provide a written statement that denotes how much you would be eligible to borrow.
Key Advantages
Why pre-approval matters
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Greater flexibility for taking action
With your finances already evaluated during pre-approval, you can take immediate action when you find the home you want to purchase.
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An advantage over other buyers
If you are up against other prospective home buyers who have not been pre-qualified for a loan, your pre-approval may be just what you need to gain the upper hand.
Get Pre-ApprovedSteps & Process
Easy Approval Process
From application to pre-approval letter — we make it simple.
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Apply Online
Fill out our quick pre-approval form with your property value, loan amount, and contact details.
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Document Review
A mortgage specialist reviews your income, credit, and financial information with our lender network.
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Get Pre-Approved
Receive your pre-approval letter with your maximum borrowing amount and locked-in rate.
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Shop with Confidence
Search for your dream home knowing exactly what you can afford and act fast when you find it.
Mortgage Solutions
We Offer To You
Explore our full range of mortgage products and find the right fit.
Choose Your Service
Why You Should Choose AKAL Mortgages Inc.
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Borrowers
- When we say YES! We stand behind our promise
- Mortgage solutions based on your needs and qualifications
- Fast approvals and quick closings
- Save time and money
- Lower mortgage rates due to lender discounts and promotions
- Licensed, knowledgeable and experienced
- Protect your credit score
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Brokers
- The Most Important: Dedication to our agents!
- Bootcamp-3-days: Learn Lead Generation, Products and Underwriting
- Training: Weekly training and industry updates, One on one support
- Mentoring: Specialize in Residential, Business and Commercial
- Lead Generation: Proven successful campaigns to generate leads
- Personal website; mobile Apps; online virtual meetings, e-signatures
- Lenders: VIP access to more lenders and top tier compensation
- Professional office (at no cost to you): Meet your clients at the office
Our Valuable
Awards And Recognitions
AKAL Mortgages Inc. is honoured to showcase recent national awards, reaffirming our commitment to excellence in delivering innovative solutions for consumers and brokers.
Testimonials
Loved by thousands of clients
Bhavjeet at Akal Mortgages is the best mortgage agent, who truly goes above and beyond for his clients, with his expertise and deep knowledge. Always available on phone to answer all inquiries. Highly recommended.
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Zulfiqar Ali✓ Verified Client Review
★★★★★
“I had an excellent experience working with Bhavjeet at Akal Mortgages Inc. He took the time to truly understand my situa…”
BC
Balbir Chera★★★★★
“Bhavjeet was very cooperative and knowledgeable in his field. Highly satisfied with the service provided by him and the …”
AN
Amir Naseer★★★★★
“I thoroughly enjoyed the three-day bootcamp at Akal Mortgages led by Bhavjeet. The practical information and real-world …”
SA
Siddhant Arora★★★★★
“Great service from Bhavjeet at Akal Mortgages — professional, responsive, and made the whole process smooth and stress-f…”
AB
Amar BhullarFAQ
Frequently Asked Questions
Have questions about pre-approval? Our mortgage experts are ready to help with a free, no-obligation consultation.
Contact UsThe pre-approval amount is the maximum you may get. It does not guarantee that you'll get a mortgage loan for that amount. The approved mortgage amount will depend on the value of your home and the amount of your down payment. It may be a good idea to also look at properties in a lower price range so that you don't stretch your budget to its limit.
With a pre-approval, you can shop for homes within your approved budget, make competitive offers to sellers, and lock in an interest rate for 60 to 120 days while you search for the right property.
Lock in an interest rate for 60 to 120 days, depending on the lender. Pre-approval will make you look like a more serious buyer, helping you find a good realtor and giving you negotiating power with the home seller. Your mortgage will be secured for up to 120 days — even if rates go up, yours won't. A mortgage pre-approval will also make the final closing faster since you already have most of the work completed.
Our Blog
More postsMore on the Blog
14-Step Checklist for a Pre-Approved Mortgage Loan
Before you get started on your mortgage, make use of our handy pre-approved mortgage checklist. It can easily help you avoid the stresses and blockers that many other borrowers have faced along the way.
Read More »How to Get Pre-Approved for A Mortgage in Canada
Getting pre-approved for a mortgage is one of the smartest first steps you can take when preparing to buy a home in Canada. Not only does it give you a clear idea of what you can afford, but it also strengthens your position as a serious buyer.
Read More »Mortgage Pre-Approval vs. Pre-Qualification: What's the Difference?
When you're ready to buy a home, you'll likely come across two important terms: mortgage pre-approval and pre-qualification. While they may seem similar, these processes have key differences that can impact your home-buying journey.
Read More »Ready to get started?Lock in your rate.
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