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What does it mean to be pre-approved for a mortgage?

Getting pre-approved for a mortgage means we will review your financial situation and confirm the maximum mortgage amount that you can afford.

This allows you to narrow your search to the homes you can comfortably afford.


Being pre-approved also gives you several advantages:

  • You can make an offer right when you find the home you love.
  • At Cambrian, as soon as you apply to be pre-approved, we lock in our Best Rate Guarantee for you for up to 4 months.


After you submit your application online, we will contact you within one business day to obtain all the required information. Once you have provided the information, your pre-approval should be completed the next business day.


Apply online or contact us for more information.