Buying a home is one of the most exciting—and sometimes overwhelming—milestones in life. Whether you’re a first-time buyer or an experienced homeowner, getting pre-approved for a mortgage is an essential first step in the process. But how long does it take? What should you prepare?
And how can you make it faster and smoother? To help answer these questions, we sat down with Jeffrey Ho, a well-respected mortgage broker in Vancouver, who has helped countless homebuyers navigate the mortgage process with clarity and confidence.
Why Pre-Approval Matters
“A lot of people think pre-approval is just a formality,” says Jeffrey Ho, “but it’s a powerful tool. It tells sellers you’re serious, and it gives you a realistic understanding of your budget before you start house hunting.” In today’s competitive housing market, especially in places like Vancouver, having a pre-approval letter can set you apart from other buyers. It shows the seller that you’re financially prepared and ready to move quickly.
How Long Does Pre-Approval Take?
According to Jeffrey Ho, the timeline for mortgage pre-approval can be surprisingly short if you’re prepared. “For most clients, I can get a pre-approval issued within 24 to 48 hours,” he explains. “It comes down to having the right documents ready and being responsive.”
Of course, this depends on your financial situation, credit history, and whether any complications arise. Self-employed borrowers, for example, may need to provide additional documentation such as business tax returns and financial statements.
What You’ll Need to Prepare
Here’s a quick checklist Jeffrey Ho recommends to speed up the pre-approval process:
- Proof of income (recent pay stubs or tax returns if self-employed)
- Employment verification
- Bank statements for the last 2–3 months
- Government-issued ID
- Details on existing debts or financial obligations
- Consent for a credit check
“The more accurate and complete your documents, the quicker we can move,” says Jeffrey Ho. “I always advise my clients to gather everything in advance—it saves a lot of back and forth.”
Common Misconceptions About Pre-Approval
Many buyers believe that pre-approval guarantees a mortgage. Jeffrey Ho is quick to clarify that while it’s a strong indicator, it’s not a final approval. “A pre-approval is based on a snapshot of your financial picture at the time,” he explains. “Final approval only happens after you’ve found a home and your application goes through underwriting.” He also warns against making large purchases or opening new lines of credit after pre-approval, as this can affect your eligibility.
Tips for a Smooth Process
Having worked with hundreds of buyers across Vancouver, mortgage broker Jeffrey Ho offers a few practical tips:
- Be honest about your finances – lenders will find out everything during underwriting, so it’s best to disclose everything upfront.
- Get pre-approved early – Don’t wait until you’ve found the perfect home. Starting early puts you in a stronger position.
- Work with a broker, not just a bank – “A mortgage broker like me can shop multiple lenders on your behalf,” says Jeffrey. “That often means better rates, more options, and a faster process.
Why Vancouver Homebuyers Trust Jeffrey Ho
In a city as competitive as Vancouver, working with an experienced and client-focused mortgage broker can make all the difference. Jeffrey Ho is known for his responsiveness, attention to detail, and honest advice.
His clients appreciate that he takes the time to explain every step, answer every question, and tailor mortgage solutions that align with their goals. “My job isn’t just to get you approved—it’s to help you feel informed and empowered every step of the way.”
Final Thoughts
Getting pre-approved doesn’t have to be stressful. With the right preparation and guidance, it can be the easiest part of your home-buying journey. If you’re starting your search for a home in Vancouver, reach out to Jeffrey Ho. As a trusted mortgage broker, he’s here to make sure your path to homeownership starts on solid ground—with clarity, speed, and confidence.
