Mortgage Tools

Calculators &
Mortgage Application

See what you qualify for BEFORE house hunting!

Mortgage Affordability Calculators

  • I'm just getting started - Use the calculators to find out how much you can afford.
  • I have a specific home in mind - Find out if you can afford it in 30 seconds!
  • Want to refinance a home you own? Find out how much you can take out in 30 seconds.

Please note: You will be redirected to our SECURE online calculator & application website hosted by Finmo. Please contact us via the form at the bottom of the page if you have any questions or concerns.

Prairie West Mortgage Group Inc Affordability Calculator

Ready to get your mortgage application started?

Mortgage Pre-Approval Application

  • I've used the calculator to see what I can afford and am now ready to start the pre-approval application process so I don't slow down my home-buying experience.
  • You will be guided through a secure sign-up process ensuring ALL your information is kept safe and confidential.
  • Don't forget to check out our 'Get to know the stages of getting a mortgage' below for more information.

Please note: You will be redirected to our SECURE online calculator & application website hosted by Finmo. Please contact us via the form at the bottom of the page if you have any questions or concerns.

Prairie West Mortgage Group Inc. Application form

Get to Know the Stages of

Getting a Mortgage

Contact a Broker

  • Discovery connection with Broker.
  • Review goals and objectives.
  • Broker can review general info and discuss if you can meet requirements.
2 men shaking hands smiling as a man and woman look on

Application

  • Broker can take the application or send you one to complete.
  • Broker will review what source/supporting documents will be needed.
  • Credit Bureau is pulled once application is complete and consent received.
  • Pre-Approval (Qualifier) document can be provided upon request.
  • For a live deal Broker will need an offer to purchase or property details or mortgage statement if Refinance.
man and woman smiling as they sign mortgage papers

Approval Stage

  • Once Broker has all your documents in order the application can be submitted to the identified lender.
  • The application enters the lenders underwriting queue for review and response (24 to 48 hrs) busy time (48 to 72 hrs).
  • Underwriters review 4 key factors, income, credit, down payment and property against their qualification guidelines.
Hand is using calculator to calculate the mortgage expenses.

Conditional Commitment

  • If application meets the lenders guidelines we will receive a committed conditional approval.
  • The commitment document outlines the conditions that must be met before the file can be completed and instructions sent to the lawyer.
a mortgage broker reviewing mortgage documents with husband and wife

Instructions to Lawyer

  • Once all conditions are met the file can be completed and instructions sent to lawyers.
  • You need to connect with your lawyers and update and make appointment for signing documents.
Lawyer reviewing mortgage documents

Closing & Funding

  • Once all docs are signed and lawyers has registered the documents then the lender sends funds to the lawyer.
  • If the mortgage is for a purchase then your Realtor will make arrangements to get the keys over to you.
man holding keys

Contact Us

Connect with a Broker

Let us help you find a mortgage solution that meets your needs.

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