Getting pre-approved for a mortgage

Couple applying for a personal loan

The first step to buying a home is establishing what you can afford.

Getting pre-approved for a mortgage will give you peace of mind because you'll know exactly what your maximum purchase price is based on your down payment, income and mortgage payment. It will also establish you as a serious buyer and can save you time.

Once you’ve received a pre-approval, we will hold your mortgage rate for 120 days, giving you time to find the right home for you.

Get pre-approved for a Cambrian mortgage

Apply Online

It takes as little as 15 minutes to apply for a mortgage pre-approval online! You will need the following information to complete the application:

  • Employer information, including your gross monthly salary (before deductions)
  • Information about your assets, such as properties you own, your vehicle, RRSPs, and chequing and savings account balances
  • Information about your debt payments and liabilities, which include mortgages, loans, credit cards and rent

Please note that if you are applying jointly, you will need the above information for both individuals. Once you have submitted your application, Cambrian Credit Union will contact you promptly.

Get pre-approved now

Apply In-Branch

You can also apply for mortgage pre-approval in-branch. To begin the process, make an appointment with a Cambrian Lending Specialist at your branch.

Be sure to bring the information outlined above to your meeting to ensure that we have all the information needed to complete your application.

Find a Cambrian Branch

Try our Mortgage Affordability Calculator

Looking to find out how much you may be approved for? Use our Mortgage Affordability Calculator to find out how much you can comfortably spend on your home and what your mortgage payment would be, in just two minutes.