Mortgage market changes very quickly. There are government, insurer, lender terms and regulations we always keep up to date. However it only as accurate as the information you provide us.
No. Qualification should not be regarded as a commitment or a guarantee to provide financing. Even if your file is fully underwritten by the lender, they still have no idea which property you will choose. All qualifications, pre-approvals and commitments are always conditional.
No. At qualification your credit report is not checked. It is done when application is submitted to lenders for approval. We will always get your permission before doing a credit check.
We monitor all types of lenders in the mortgage market. They include banks, credit unions, financial institutions and private lenders.