If you are currently shopping for a new home, a preapproval will tell you how much you qualify for, what your mortgage payments will be, and you’ll get an interest rate that will be held for a specific period of time, like 120 days. This way, you won’t fall in love with a home you can’t afford, or you may find that you’re ready for the house of your dreams and didn’t know it. Contact the team at MiMortgage.ca at 1.866.452.1100 to speak to an expert now. You’ll be shopping with a full wallet!