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The Pre-Approval Guide
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The Pre-Approval Guide

Pre-qualification vs. pre-approval, and the rate hold

What a real pre-approval gets you, how it differs from a pre-qualification, what documents you need, and how the rate hold protects you while you shop. The Ontario buyer's first step, done properly.

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Inside the guide

6 sections
  1. 1Pre-qualification vs. pre-approval
  2. 2What a rate hold actually does
  3. 3The 6 documents you'll need
  4. 4How long pre-approval takes
  5. 5What can still derail it
  6. 6From pre-approval to firm offer

Frequently asked questions

Is "The Pre-Approval Guide" really free?
Yes. The Pre-Approval Guide is a free 12-page guide. Enter your email and we'll send the PDF right away — no cost and no obligation.
What does "The Pre-Approval Guide" cover?
It runs 12 pages across 6 sections — including Pre-qualification vs. pre-approval; What a rate hold actually does; The 6 documents you'll need, and more.
Is this guide specific to Canada?
Yes. It's written by the FSRA-licensed team at Mortgage Squad Advisors (Brokerage #13737) for the Canadian market, with rules, programs, and rate context current for 2026.
Do I have to be a Mortgage Squad Advisors client to get it?
No. The guide is free to anyone — whether you're ready to apply or just researching your options.
How do I get advice for my own situation?
Ask Maya, our AI advisor, free 24/7 in 50+ languages, or book a no-obligation call with a senior broker. The guide explains the concepts; we tailor them to your file.
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