Homes are in very high demand. With low inventory levels, it’s important to be prepared when you’re ready to make an offer on a new home. Your real estate agent will want to see a pre-approval letter from your financial institution.

This pre-approval can be done via phone call or in person.  It generally takes about 30 minutes to complete and you’ll know exactly how much you can afford to spend, how much you’ll need for a down payment, and what your new monthly payments will be.

Don’t be surprised, be prepared!