FROM PRE-APPROVAL TO GETTING THE KEYS — STEP-BY-STEP GUIDE

You’ve saved, you’ve built your credit, and now you’re ready to start house hunting.

But between you and your new home is a mortgage process that can feel overwhelming.

Here’s a simple breakdown of what to expect 👇

1️⃣ Pre-approval

Your first step is choosing a qualified mortgage professional.

They’ll take your application, pull your credit, and determine your maximum purchase price.

✔️ employment verification

✔️ down payment proof

✔️ tax documents

✔️ credit review

If you’re self-employed, separated, new to Canada, previously bankrupt, or receive variable income, expect additional documentation.

A proper pre-approval lets you shop confidently and strengthens your offer when competing with other buyers.

2️⃣ Full approval after you make an offer

Once you have an accepted offer, updated paperwork may be required.

The lender reassesses your full application PLUS the property itself.

✔️ property must meet lender guidelines

✔️ file is reviewed by default mortgage insurer if applicable

✔️ approval is issued once all conditions are satisfied

Do **NOT** remove your financing condition until your mortgage professional confirms all conditions are cleared.

3️⃣ Final legal steps before you get the keys

After the lender sends instructions, your lawyer prepares final documents.

You’ll need to bring:

✔️ balance of down payment (bank draft)

✔️ two pieces of ID

✔️ void cheque for payment setup

On closing day:

The lender sends funds → your lawyer → seller’s lawyer → keys released.

Once complete, it’s smart to call the lender to ensure payments are set up correctly.

💬 Final Thought

The mortgage process can feel intimidating, but when broken down step-by-step it becomes manageable and predictable.

Ask questions at every stage — understanding your mortgage terms protects you and helps you move into your new home with confidence.

If you need help getting pre-approved or understanding next steps, message The Frontline Mortgage Group anytime. 💬