Sommer Fernandes Real Estate

I've had a lot of conversations lately with Buyers around the difference in being pre-approved for a mortgage and final approval. This is a great article that really breaks down what each one means and how it can impact your purchase

https://www.canadianmortgagetrends.com/2021/04/a-pre-approval-does-not-guarantee-a-mortgage-approval/

A Pre-Approval Does Not Guarantee a Mortgage Approval - Mortgage Rates & Mortgage Broker News in Canada Many Canadians are under the assumption their mortgage is as good as done once they have a mortgage pre-approval. But the truth is a buyer cannot expect a mortgage pre-approval will automatically translate into a mortgage. The lender now needs to consider the property itself, approve all the terms a...

is always my favourite day of the week🥰

Well this is neat! Congrats to the Top Producers of February!

Posted • ✨ Congratulations to our Top Producing Individuals for February 2021!! ✨
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