{"id":2262,"date":"2025-01-28T22:32:48","date_gmt":"2025-01-28T22:32:48","guid":{"rendered":"https:\/\/effortlessmortgage.ca\/blogs\/?p=2262"},"modified":"2026-03-16T17:29:10","modified_gmt":"2026-03-16T17:29:10","slug":"mortgage-pre-approvals-guide","status":"publish","type":"post","link":"https:\/\/effortlessmortgage.ca\/blogs\/mortgage-pre-approvals-guide\/","title":{"rendered":"Mortgage Pre-Approvals: Everything You Need to Know"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"2262\" class=\"elementor elementor-2262\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-46528b68 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"46528b68\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6f49500f\" data-id=\"6f49500f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-17424152 elementor-widget elementor-widget-text-editor\" data-id=\"17424152\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\"><strong>Last Updated: March 16, 2026<\/strong><\/p><p data-start=\"906\" data-end=\"1006\">With rising oil prices and global uncertainty, mortgage rates could move higher with little warning.<\/p><p data-start=\"1008\" data-end=\"1210\">If you\u2019re in the market to buy, <strong>getting pre-approved now<\/strong> is one of the smartest moves you can make. It may help you secure a rate hold for a limited time (usually up to 120 days) and avoid being caught off guard while you shop.<\/p><p data-pm-slice=\"1 1 []\">In general, <strong>before you start house hunting<\/strong>, there\u2019s one essential step: getting pre-approved for a mortgage.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8ceac5a elementor-widget elementor-widget-html\" data-id=\"8ceac5a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<section class=\"tldr\" role=\"note\" aria-label=\"TL;DR\">\r\n  <h2 class=\"sr-only\">TL;DR<\/h2>\r\n  <p><strong>TL;DR:<\/strong><\/p>\r\n  <ul>\r\n    <li>\r\n      <p>Get <strong>pre-approved before house hunting<\/strong> to hold a great rate and so you know what you may be able to afford and avoid mortgage lender issues or rejection.<\/p>\r\n    <\/li>\r\n    <li>\r\n      <p>A pre-approval helps you estimate <strong>budget, monthly payment, and buying power<\/strong>.<\/p>\r\n    <\/li>\r\n    <li>\r\n      <p>It can also help you <strong>shop with more confidence<\/strong> and avoid wasting time on homes outside your range.<\/p>\r\n    <\/li>\r\n  <\/ul>\r\n<\/section>\r\n\r\n<style>\r\n  .tldr {\r\n    background: #fff8c6;\r\n    border-left: 4px solid #e0c200;\r\n    padding: 18px 20px;\r\n    border-radius: 6px;\r\n    margin: 24px 0;\r\n  }\r\n\r\n  .tldr ul {\r\n    margin: 10px 0 0 0;\r\n    padding-left: 20px;\r\n  }\r\n\r\n  .tldr li {\r\n    margin-bottom: 8px;\r\n  }\r\n\r\n  .tldr p {\r\n    margin: 0;\r\n  }\r\n\r\n  .sr-only {\r\n    position: absolute;\r\n    width: 1px;\r\n    height: 1px;\r\n    padding: 0;\r\n    margin: -1px;\r\n    overflow: hidden;\r\n    clip: rect(0, 0, 0, 0);\r\n    white-space: nowrap;\r\n    border: 0;\r\n  }\r\n<\/style>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bff9558 elementor-widget elementor-widget-heading\" data-id=\"bff9558\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a Mortgage Pre-Approval?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b39e5e1 elementor-widget elementor-widget-text-editor\" data-id=\"b39e5e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"color: var( --e-global-color-text );\">A mortgage pre-approval is your first step in the home-buying process. It\u2019s when a lender reviews your income, debts, and credit to determine if you qualify for a mortgage\u2014and how much you can borrow. You\u2019ll also get a locked-in interest rate for up to 120 days, protecting you from rate increases while you shop.<\/span><\/p><p>But here\u2019s the catch: A pre-approval is not a guarantee. It\u2019s a preliminary assessment, and your financial situation will be reassessed before final approval.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cb3ce0f elementor-widget elementor-widget-heading\" data-id=\"cb3ce0f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Can I Get Pre-Approved for a Mortgage?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-951710d elementor-widget elementor-widget-text-editor\" data-id=\"951710d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 3 []\">Getting pre-approved for a mortgage is easier than you might think. Follow these steps to get started:<\/p><ol start=\"1\" data-spread=\"false\"><li><p><strong>Gather Your Documents<\/strong>: You\u2019ll need proof of income (e.g., pay stubs or tax returns), a list of debts, and details about your assets.<\/p><\/li><li><p><strong>Check Your Credit Score<\/strong>: Knowing your credit score beforehand helps you understand your borrowing power. If your credit score needs improving, check out &#8220;<a href=\"https:\/\/effortlessmortgage.ca\/blogs\/five-steps-to-boost-your-credit-score-fast\/\" target=\"_blank\" rel=\"noopener\">Five Steps to Boost Your Credit Score Fast<\/a>&#8220;.<\/p><\/li><li><p><strong>Choose a Lender or Mortgage Broker<\/strong>: Work with a trusted mortgage expert like Effortless Mortgage to guide you through the process.<\/p><\/li><li><p><strong>Submit Your Application<\/strong>: Provide the necessary information and wait for your pre-approval decision.<\/p><\/li><li><p><strong>Receive Your Pre-Approval Letter<\/strong>: Once approved, you\u2019ll get a letter outlining your budget and locked-in rate.<\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc47634 elementor-widget elementor-widget-image\" data-id=\"cc47634\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic-1024x512.png\" class=\"attachment-large size-large wp-image-2274\" alt=\"mortgage pre-approval process infographic\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic-1024x512.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic-300x150.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic-768x384.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic-1536x768.png 1536w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/mortgage-preapproval-process-infographic.png 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2b6cd96 elementor-widget elementor-widget-heading\" data-id=\"2b6cd96\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Long Is a Pre-Approved Mortgage Good For?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-960e300 elementor-widget elementor-widget-text-editor\" data-id=\"960e300\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">Most mortgage pre-approvals in Canada are valid for <strong>120 days<\/strong>. This gives you time to shop for a home while locking in your interest rate. However, keep in mind that after 30 days, your lender may need to pull a fresh credit report to ensure there have been no significant changes in your financial situation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dccbb1c elementor-widget elementor-widget-heading\" data-id=\"dccbb1c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Can a Pre-Approved Mortgage Fall Through?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6fdfd3e elementor-widget elementor-widget-image\" data-id=\"6fdfd3e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart-1024x512.png\" class=\"attachment-large size-large wp-image-2275\" alt=\"reasons mortgage pre-approval fail chart\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart-1024x512.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart-300x150.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart-768x384.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart-1536x768.png 1536w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2025\/01\/reasons-mortgage-preapprovals-fail-chart.png 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcabdd2 elementor-widget elementor-widget-text-editor\" data-id=\"dcabdd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Yes, a pre-approved mortgage can fall through if your financial circumstances change. Here are some common reasons why this might happen:<\/p><ul data-spread=\"false\"><li><p><strong>New Debt<\/strong>: Taking on significant debt, like buying a car or racking up credit card balances, can disqualify you.<\/p><\/li><li><p><strong>Job Loss or Change<\/strong>: Lenders prioritize financial stability, so losing or changing jobs could raise red flags.<\/p><\/li><li><p><strong>Credit Score Drop<\/strong>: A single missed payment or new credit inquiry can impact your score.<\/p><\/li><li><p><strong>Bankruptcy or Consumer Proposal<\/strong>: Filing for bankruptcy or a consumer proposal after pre-approval can lead to rejection.<\/p><\/li><li><p><strong>Major Life Changes<\/strong>: Events like separation, divorce, or the death of a co-applicant can affect your approval.<\/p><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b876c54 elementor-widget elementor-widget-heading\" data-id=\"b876c54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Do Mortgage Pre-Approvals Affect Your Credit Score?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fdabe80 elementor-widget elementor-widget-text-editor\" data-id=\"fdabe80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">Yes, but only slightly. When a lender checks your credit for pre-approval, it\u2019s considered a \u201chard inquiry,\u201d which may lower your credit score by a few points. However, multiple inquiries for the same purpose (e.g., mortgage shopping) within a short period are typically treated as one inquiry.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-854f3c7 elementor-widget elementor-widget-heading\" data-id=\"854f3c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\"><h3 data-pm-slice=\"1 1 []\"><b>Real-Life Example: Why Stability Matters<\/b><span style=\"color: var( --e-global-color-primary );font-family: var( --e-global-typography-primary-font-family ), Sans-serif;font-size: 1.50rem;font-weight: var( --e-global-typography-primary-font-weight )\"><\/span><\/h3><\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-08821ef elementor-widget elementor-widget-text-editor\" data-id=\"08821ef\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\"><em>Imagine this: You\u2019re pre-approved for a $500,000 mortgage and find your dream home within budget. But just before final approval, you decide to finance a new car. The lender pulls your credit report again and sees the added debt. Now, your debt-to-income ratio has changed, and the lender denies your mortgage application.<\/em><\/p><p><em>This situation could\u2019ve been avoided by maintaining financial stability.<\/em><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-135c10c elementor-widget elementor-widget-heading\" data-id=\"135c10c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">FAQs About Mortgage Pre-Approvals<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8dc411b elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8dc411b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\"><strong>1. Can I switch lenders after getting pre-approved?<\/strong><br \/>Yes, you can. However, switching lenders may require a new credit check and application process.<\/p><p><strong>2. What happens if my pre-approval expires?<\/strong><br \/>If your pre-approval expires, you\u2019ll need to reapply. This may involve submitting updated documents and undergoing a new credit check.<\/p><p><strong>3. Can I get pre-approved if I\u2019m self-employed?<\/strong><br \/>Yes, but you\u2019ll need to provide additional documentation, like tax returns and proof of consistent income.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5bc07fa elementor-widget elementor-widget-heading\" data-id=\"5bc07fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Tips to Keep Your Pre-Approval Valid<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8b84d77 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"8b84d77\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li><strong style=\"background-color: transparent; color: var( --e-global-color-text );\">Avoid Major Purchases:<\/strong><span style=\"background-color: transparent; color: var( --e-global-color-text );\">\u00a0Postpone buying a car, furniture, or other big-ticket items until after closing.<\/span><\/li><li><strong style=\"background-color: transparent; color: var( --e-global-color-text );\">Pay Bills on Time<\/strong><span style=\"background-color: transparent; color: var( --e-global-color-text );\">: Keep your credit score stable by making payments on time.<\/span><\/li><li><strong style=\"background-color: transparent; color: var( --e-global-color-text );\">Don\u2019t Change Jobs<\/strong><span style=\"background-color: transparent; color: var( --e-global-color-text );\">: Lenders value consistency, so avoid changing jobs unless absolutely necessary.<\/span><\/li><li><strong style=\"background-color: transparent; color: var( --e-global-color-text );\">Communicate With Your Broker<\/strong><span style=\"background-color: transparent; color: var( --e-global-color-text );\">: Keep your mortgage broker informed of any changes to your financial situation.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e4319ca elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e4319ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13ac394 elementor-widget elementor-widget-heading\" data-id=\"13ac394\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Download Our Mortgage Pre-Approval Checklist<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd67432 elementor-widget elementor-widget-image\" data-id=\"dd67432\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/effortlessmortgage.ca\/blogs\/download-our-mortgage-pre-approval-checklist\/\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"400\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist-1024x512.png\" class=\"attachment-large size-large wp-image-1802\" alt=\"mortgage pre-approval checklist\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist-1024x512.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist-300x150.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist-768x384.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist-1536x768.png 1536w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2024\/05\/mortgage-pre-approval-checklist.png 1600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1110822 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"1110822\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d523bfb elementor-widget elementor-widget-heading\" data-id=\"d523bfb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Working with Effortless Mortgage<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a443382 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"a443382\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p data-pm-slice=\"1 1 []\">A mortgage pre-approval is a critical first step in the home-buying process. It shows sellers you\u2019re serious, gives you a clear budget, and locks in your interest rate. But remember, pre-approval isn\u2019t a guarantee. Keeping your finances stable is key to ensuring a smooth transition from pre-approval to final approval.<\/p><p>Still wondering <strong>how to get pre-approved for a mortgage<\/strong> or concerned about <strong>how long your pre-approval is good for<\/strong>?\u00a0<\/p><p>Contact us today for expert advice and a no-commitment consultation. Let Effortless Mortgage help you make your dream home a reality!<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f4cd270 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f4cd270\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-53a3e08\" data-id=\"53a3e08\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-8602ad3 elementor-widget elementor-widget-image\" data-id=\"8602ad3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/calendly.com\/mortgage-advisors\/quick-chat?month=2022-07\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"364\" height=\"113\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png\" class=\"attachment-full size-full wp-image-806\" alt=\"Book-a-15-Min-Call\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call.png 364w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2021\/07\/Book-a-15-Min-Call-300x93.png 300w\" sizes=\"(max-width: 364px) 100vw, 364px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-13dd657 elementor-widget elementor-widget-image\" data-id=\"13dd657\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/www.effortlessmortgage.ca\/private-mortgage.php\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"200\" src=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1024x256.png\" class=\"attachment-large size-large wp-image-1400\" alt=\"Private mortgage with bad credit\" srcset=\"https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1024x256.png 1024w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-300x75.png 300w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-768x192.png 768w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit-1536x384.png 1536w, https:\/\/effortlessmortgage.ca\/blogs\/wp-content\/uploads\/2022\/09\/private-mortgage-bad-credit.png 1584w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Last Updated: March 16, 2026 With rising oil prices and global uncertainty, mortgage rates could move higher with little warning. If you&rsquo;re in the market to buy, getting pre-approved now is one of the smartest moves you can make. It may help you secure a rate hold for a limited time (usually up to 120 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43,46,9,42],"tags":[],"table_tags":[],"class_list":["post-2262","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mortgage-options","category-home-purchase","category-mortgage-basics","category-private-mortgage"],"_links":{"self":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2262","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/comments?post=2262"}],"version-history":[{"count":34,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2262\/revisions"}],"predecessor-version":[{"id":2764,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/posts\/2262\/revisions\/2764"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media\/2280"}],"wp:attachment":[{"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/media?parent=2262"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/categories?post=2262"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/tags?post=2262"},{"taxonomy":"table_tags","embeddable":true,"href":"https:\/\/effortlessmortgage.ca\/blogs\/wp-json\/wp\/v2\/table_tags?post=2262"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}