We’ve all seen the the claim of a Pre-Approval in 60 Seconds advertised by major Banks. There are countless reasons to work with a Mortgage Broker/Agent, ONE of them definitely being a Pre-Approval. A bank may claim a Pre-Approval in 60 Seconds, but in reality it is simply an on-line calculator outlining mortgage affordability based on whatever income you input. The trouble is, this is not an accurate portrayal of what you actually qualify for, and the Bank will not honour your results from their 60 Second Pre-Approval. Mortgage regulations are stricter, being approved for a mortgage has become a little more difficult than to pre-qualify in 60 seconds. Speak with a Mortgage Broker/Agent. We will take the time to explain the qualifying process, determine confirmable income, discuss steps to obtain a mortgage, secure a Mortgage Rate and help find the best mortgage product to suit your needs. It may take more than 60 Seconds, but you will be armed with the knowledge and understand your actual borrowing ability before making an offer to purchase your home.