Welcome to Altrua. We’re here first and foremost as an educational resource to help inform, and best position you to finance a property. Also, as leading mortgage brokers in Ontario, we offer extremely competitive mortgage rates and fast, accurate mortgage pre approvals. There’s no cost or obligation.
The following dropdowns provide good foundation of mortgage pre approval knowledge and from here we encourage you to connect with us for a no obligation 10 – 20 minute call.
The 4 Pillars of a Mortgage Pre Approval
These 4 areas of down payment, credit score, income and property type encapsulate almost every aspect of a mortgage pre-approval. There are endless differences and combinations between these categories that affect the mortgage approval. Generally, where all 4 are strong, the lowest mortgage rates apply. However, approvals are also possible in situations where there is strong down payment, but less provable income or credit.
The 4 Step Pre Approval Process
The process below is an overview of what most buyers will experience when purchasing a property. At Altrua Financial, we break down each step and follow quality control procedures that avoid hiccups/issues later in the process and allow for confidence in the transaction. This high standard of service can only be had with a conversation that focuses on your unique situation, often in as little as 10 – 20 minutes. Book your appointment today!
Best Altrua Mortgage Rates
Mortgage Pre Approval Calculator Ontario
Pre Approval Calculator Ontario Tips/ Notes (1) Use your best estimates, this is a rough approximation (2) If not condo shopping enter ‘condo fees’ at $0 (3) For credit card balances, use 3% of the balance for payment (4) Customize further upon initial calculation (5) Contact Altrua for pre approval options and flexibility
Brent Richardson
Principal Mortgage Broker/ Owner, Certified Financial Planner (CFP), BA (Hons.)
- 16 + years of industry experience with over 1800 mortgage transactions including 350+ first-time buyer mortgage approvals.
- Specialized knowledge for the most advanced and specific applications.
- Certified Financial Planning (CFP) designation to establish unique relationships focused on mortgage freedom, and financial growth.
- Best Rate Guarantee