Mortgage Pre-approval in Edmonton

Get your mortgage pre-approval from the comfort of your home and start your house hunt with confidence!

Testimonials

Shohel Ahmed

I cannot recommend Gagan Chahal highly enough! As a first- time homebuyer, the entire mortgage process seemed overwhelming, but Gagan Chahal made everything so easy and stress-free.

Sehajbir Singh

Despite never meeting in person, Gagan was incredibly responsive, always available by phone or email to answer any questions I had, and guided me through every step of the home buying process

Kiranpreet Kaur

We had the pleasure of buying our first house in Edmonton through Gagan Chahal, and the experience was exceptional. Gagan is incredibly amiable and approachable, making the entire mortgage process smooth.

Read More Reviews

Why get pre-approved?

  • You'll save time house-hunting, seeing only homes you can afford.
  • There's no cost to you and you're not obligated to accept the mortgage.
  • Your pre-approved status may give you more negotiating power with a seller.
  • When you make an offer to purchase, the seller may be more likely to give it serious consideration.
  • You’ll have a better idea of your monthly payment amounts, as well as how much your down payment will be.

Hello I'm Gagan

I’m a licensed mortgage broker, and I’m here to help.

My superpower is finding creative mortgage solutions for your unique financial situation.

I have 8+ years of experience in the mortgage industry and my goal is to simplify the mortgage process by providing expert advice, personalized service, and access to a wide range of mortgage products from reputable lenders.

Let’s work together to make your home ownership dream a reality!

Picture 2

Benefits of working with me

Expert Guidance and Advice

Navigating the complex world of mortgages can be overwhelming, especially for first-time homebuyers. 
I’m seasoned professionals with in-depth knowledge of the Canadian mortgage industry.
I stay up-to-date with current market trends, interest rates, and lending criteria tohelp you make informed decisions.

Access to Multiple Lenders

I have access to a vast network of lenders, including major banks, credit unions, and alternative lenders.
This access to multiple lenders increases your chances of securing a competitive interest rate, favourable loan terms and increased opportunities to find a mortgage that suits your unique circumstances.

Time and Convenience

With me you only need one application, rather than completing forms for each individual lender. 
I will shop around, compare mortgage offers, negotiate terms, and handle the paperwork on your behalf, allowing you to focus on other aspects of your home buying journey.

How It works

1) Schedule a Strategy call– Schedule a free 30-minute mortgage consultation by clicking here!
2) I’ll work on your pre-approval– I request and review your documents, check your credit report and prepare your mortgage application.
3) I present you with your mortgage solutions– After in-depth review of your mortgage application, I shortlist a few lenders and then present you with mortgage solutions that best fit your needs.
4) Mortgage is pre-approved– I will issue you a pre-approval letter which will not only give you all the details of your mortgage like the maximum mortgage amount, monthly mortgage payments, down payment amount and any insurance premiums but it will also outline the conditions you need to satisfy to receive a final approval.

Some of my Lenders-

Frequently Asked Questions

A mortgage pre-approval is an important part of the home buying process. In the pre-approval process, we evaluate your finances and give you an estimate of how large a mortgage you can qualify for.

It’s important to get your mortgage pre-approval before you start shopping around for a home, as it gives you a clear idea of what you can afford and allows you to hold today’s mortgage rates for 90 to 120 days.

Obtaining a mortgage pre-approval can be a straightforward process if you prepare in advance. Start by checking your credit score, assessing whether you may need CMHC mortgage insurance, and using a mortgage affordability calculator to estimate how much you can borrow. Having all your necessary documents organized and ready beforehand can also help expedite the process.

Depending on the financial institution, the pre- approval process can take as little as an hour if you have your documentation prepared! The most time-consuming part is gathering all the necessary paperwork to submit to your broker or financial institution, which includes:

  • Identification
  • Bank account and investment statements
  • Proof of assets
  • Proof of income
  • Details about your existing debts

If you get pre-approved for a mortgage and rates suddenly increase, lenders still honour the original lower rate for up to 120 days. You can’t lose!

Ready to get started?

Schedule a free consultation with me and let’s make things happen!

Book a Call
Scroll to Top