Get a lender-ready mortgage pre-approval — not just an online estimate. Sarah Colucci reviews your full financial picture and locks in a rate for up to 120 days so you can buy with confidence in Ontario's competitive market. Free, no obligation. Call 647-773-4849.
Mortgage eligibility and pricing depend on the property, requested loan amount, verified income, credit history and each lender's current guidelines. Sarah reviews the complete application rather than relying on one advertised rate or one automated rule.
Sarah Antonia Colucci is a licensed Mortgage Agent Level 2 with access to more than 50 lenders. She compares available mortgage structures, explains costs and restrictions, and identifies the documents a lender will need before an application is submitted. The initial consultation is free, and recommendations remain subject to lender review, property acceptance and full underwriting.
A useful review normally includes the mortgage balance or purchase price, available equity or down payment, household income, monthly obligations, credit history and the client's short- and long-term plans. Looking at these details together helps distinguish a low headline rate from a mortgage that actually fits the client's situation.
A pre-qualification is an estimate based on the numbers you self-report — no credit check, no document verification. A pre-approval is underwritten by a lender using your actual income documents, a credit pull, and verified down payment. Pre-approvals are meaningful; pre-qualifications are often just a marketing starting point. I issue real pre-approvals backed by a lender.
A mortgage application requires a 'hard' credit inquiry, which typically reduces your credit score by 2–5 points temporarily. However, multiple mortgage applications within a 14-day window are typically counted as a single inquiry by the credit bureaus. I submit strategically to minimize credit impacts while still getting you competitive options.
Most pre-approvals are valid for 90–120 days. After that, your documents need to be refreshed (updated pay stubs, bank statements) and the rate hold expires. If you haven't found a property within 120 days, I extend your pre-approval with updated documentation — typically a quick 24-hour process.
Several things can reduce your approved amount: new debt (car loan, credit card), reduction in income, change in employment status, or a significant drop in credit score. Avoid major financial changes between pre-approval and closing — no new credit cards, no large purchases, no job changes without informing me first.
For a personalized review, call Sarah at 647-773-4849 or request a free consultation. Rates, qualification and product availability can change without notice and are confirmed only through a complete lender application.