Your borrowing capacity depends on various factors, including your income, credit score, debt-to-income ratio, and the type of loan you are applying for. Our team can help you assess your financial situation to determine the right amount.

Typically, you’ll need to provide proof of income, tax returns, bank statements, identification, and information about your debts and assets. Our experts will guide you on the specific documents required for your application.

The mortgage approval process can vary based on several factors, including the type of loan and your financial situation. Generally, it can take anywhere from a few days to several weeks. We strive to make the process as quick and efficient as possible.

In Vancouver, you typically need a credit score of at least 680 for conventional mortgages from major banks. However, a score of 600-679 may qualify you through alternative lenders, though at higher interest rates. For the best mortgage rates in Vancouver, aim for a credit score of 740 or higher. If you're self-employed or have unique circumstances, we can help find the right lender for your situation, regardless of your credit score.

Yes! Self-employed individuals can absolutely get mortgages in Vancouver. You'll typically need 2 years of tax returns (T1 Generals and Notices of Assessment), proof of business ownership, and at least 10-20% down payment. We specialize in self-employed mortgages and work with lenders who understand Vancouver's entrepreneurial community. Whether you're a contractor, freelancer, or business owner, we can find the right mortgage solution for you.

In Vancouver, down payment requirements typically range from 5-20% depending on the purchase price. For homes under $500K, 5% minimum; $500K-$1M requires 10% minimum; over $1M requires 20%. We can discuss options that work with your financial situation.

Closing costs in Vancouver typically range from 1.5-4% of your purchase price, including lawyer fees ($800-1,500), property transfer tax, property inspection, appraisal, and title insurance. We'll break down all costs with you upfront.

Yes! You can start your pre-approval process online. We offer a fully digital experience where you submit documents electronically. Most applications are approved within 24-48 hours. This gives you a firm commitment letter to start house hunting.

The mortgage stress test requires most borrowers to qualify at the higher of: the contracted rate plus 2%, or the Bank of Canada posted rate. This ensures you can still afford payments if rates rise, protecting both you and lenders.

With a $100K salary, using a standard 32% debt service ratio, you could typically borrow $350-450K depending on other debts. This assumes good credit and stable employment. Let's review your specific situation for an accurate figure.

Brokers like us work with 50+ lenders offering better rates than individual banks. We negotiate on your behalf, save you time by comparing options, and handle all paperwork. Most clients save money and get better terms through a broker.

Rates fluctuate daily based on market conditions. As of December 2025, typical 5-year fixed rates range from 4.2-4.8% depending on credit profile and lender. Contact us for today's exact rates and custom quote.