Before you go shopping, know your purchasing limit! Before you go looking for a home, you need to establish the price you can afford. It could be more or less than you think. It will all depend on what the lender will want to lend you, based on your income and the amount of your current down payment or that you might find. Getting your prequalification before looking for a house means saving time, energy and frustration. Plus, it's free!
Prequalification:
At this point, the mortgage broker can also help you find options and strategies to help you buy the house of your dreams. It could be:
For your prequalification, the mortgage advisor will need to know:
Current rates as of | ||
Mortgage product | Posted rates | ![]() |
5 years variable | 6.70 % * | 5.75 % |
1 year | 6,79 % | 5,99 % |
2 years | 6,59 % | 5,74 % |
3 years | 6,44 % | 5,19 % |
4 years | 6,34 % | 5,14 % |
5 years | 6,34 % | 4,79 % |
6 years | ||
7 years | 7,00 % | 5,39 % |
10 years | 7,49 % | 5,89 % |
*Represents the Prime Rate. Some conditions apply, subject to change without prior notice. |
Fill out your application in less than 1 minute
Receive your offers in less than 24 hours
Choose the offer that suits you best
Our Partners