Edmonton mortgage questions, answered

Fill out the short application. Our system produces an instant online review and estimate of what you may qualify for, then a licensed mortgage professional with Dominion Lending Centres GoToBrokers calls you for about 5 minutes to confirm details and issue your pre-approval, subject to documents and lender approval.

No. The instant estimate is an educational basic review only. A pre-approval is confirmed by a licensed mortgage associate or broker after a short call, and final approval always depends on lender review of your documents and the property.

Yes. We focus on Edmonton and nearby communities including St. Albert, Sherwood Park, Spruce Grove, Leduc, Beaumont and Fort Saskatchewan, and can help anywhere in Alberta.

For most residential mortgages there is no fee to you; the lender compensates the brokerage. Any fee would be disclosed to you in writing before you proceed.

After you apply, you'll get a welcome email with a document checklist, typically ID, income confirmation (pay stubs, T4s or NOAs) and down payment proof. We never ask for your SIN or banking details on this website.

Request a valuation with your address and property type. Keith Lopushinsky, a licensed REALTOR® with RE/MAX Real Estate in Edmonton, reviews recent comparable sales and contacts you with an estimated value range.

Start about 120 days before your maturity date. Many lenders will hold a rate for up to 120 days, and lenders often offer new-client rates that beat a renewal letter.

Often yes. You can generally refinance up to 80% of your home's appraised value to consolidate higher-interest debt, renovate or access equity, subject to qualification.