Getting Pre-Approved

Before venturing into the property market and shopping for a home, you need to get pre-approved for a mortgage. This process requires a careful review of your credit, income, and assets and helps to accurately determine your purchasing power.

Why get pre-approved?

Unlike big banks with giant call centers that employ only application-takers, Red Oak Mortgage offers tailor-made support for evaluating the creditworthiness of clients by having highly trained Mortgage Consultants carefully review every client’s file. Our detailed process helps you be confident in your qualification for a mortgage by:

• Reviewing ever-changing mortgage guidelines to see how they affect your purchase

• Guiding you to the right loan for your financial goals

• Providing sellers and real estate agents with peace of mind knowing that your pre-approval letter comes from a highly respected local lender