While most people tend to assume that the only way they have to pay off their mortgage earlier is by increasing their monthly payments, this is not true.
It is important to notice that the pre-approval mortgage amount refers to the maximum that you can get but it isn’t a guarantee that you will get a mortgage in this amount.
In British Columbia, mortgage brokers are government licensed. They need to complete mandatory industry and finance courses at UBC and they need to pass a rigorous exam.