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Introducing PREQ2

Way Faster, Far Better and more Accurate

The World's most comprehensive pre-qualification tool just got better. It now comes with tons of customizations, predicts closing costs and analyzes 20+ rental worksheet simultaneously.

Clients

Conveniently estimate their maximum purchase price and send you important details for your initial assessment.  Many advanced customizations are not available to clients.

Mortgage Professionals

Have access and can customize all qualification parameters to maximize the client’s purchase power with extreme accuracy. 

Real estate Professionals

Save a tremendous amount of time while helping clients narrow down their search. Realtors can also use the PREQ during open houses to quickly help prospects see if the property is within reach.

Broker ONLY Feature

Non-Subject Lender Sheets

With a built-in non-subject worksheet for 20+ lenders, professionals can easily compare purchase power.

What is the difference between PREQ1 and PREQ (PRO)

Feature

V1

PRO

Calculate Max Purchase Price

Mortgage Rate Match

Location Data API

Condo and tax estimation

Share with Client

Reverse CMHC premiums

Modern Wizard

Testimonial Display

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Card Layout

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Multiple Scenarios

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Share Live Link Reports

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Export Scenario

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Closing Costs Estimation

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Set Closing Cost Reserve

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First time home buyer Rebate

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Foreign Buyer Tax

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Newly Built Home Rebate

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Secured & unsecured Debts

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Add Unlimited Liabilities

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Advanced Debt Input

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Debt Pay Off Simulation

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New Car debt / lease options

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Student Loan / Repayment

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Existing Property Entry

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Non-Subject Rental Sheet

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Multiple Mortgages & HELOCs

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Current and Future Plans

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B20 Insurability detection

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Optimized LTV Calculation

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Unused Funds Detection

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Detailed Debt Service Analysis

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Calculate Required Income

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Calculate Required Funds

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Calculate Min Down Payment

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Exclude Expense from TDS

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Customize Contract Rate

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Customize Amortization

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Custom Max GDS/TDS Settings

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Customize LTV

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Custom Subject Rental Rules

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Customize Expense Entry

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Contract Rate MQR Setting

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Premium Upgrade

PREQ2 can only be enabled for an entire team, brokerage or franchise. Please ask your Broker of Record or Lead Planner to book a call with us.

Unlike anything you have seen before

5 min = $400,000+

Personalized

Smart wizard and easy flow that adapts to user responses.

Super Accurate

Designed in consultation with top experts in Canada.

Extremely Fast

The fastest way to provide clients with how much they can qualify.

Beautiful UI

Stunning visuals and animations that enrich the user's experience.

Branded Reports

Generate consumer-facing reports. Update already sent reports.

Multiple Scenarios

Create, store and update an unlimited number of scenarios

Push Notifications

Real time alerts when a client completes a pre-qualification scenario.

Closing Costs Estimation

Intelligently reserves funds needed while maximizing purchase power.

Expense Estimation

Location-specific estimation for condo fees and property taxes.

Customize Expenses

Overwrite all expenses and re-calculate max potential offer.

B20 Guidelines & Rules

Built-in B20 guidelines and insurability rules for the MQR.

Subject Rental Rules

Configure all subject rental rules with add-backs or offsets.

Unlimited Liabilities

Quickly add liabilities and automatically calculate minimum payments.

Debt Pay Off Simulation

No need to remove liabilities and adjust DP ever again. Tap as paid!

Investor Friendly

Add existing properties with 1st and 2nd mortgages and HELOCs

Lender Rental Sheets

Simultaneously view DSCRs for multiple lenders.

Customize GDS/TDS

Set max GDS/TDS and let the app figure everything else out.

Min Income Needed

Find the minimum required income for a specific purchase price.

Min Required Funds

Move a slider and find the required funds for a specific purchase price.

Min Down Payment Rules

Incorporates min down payment rule for insured mortgages.

Exclude Expenses from TDS

Simply turn on a switch an exclude home expenses from the total debt service ratio.

Customize Rates

Set your rate and let the app figure out the MQR while comparing insurability rules.

Enforce LTV

Set a specific LTV and let the app figure out the required DP, purchase price, mortgage and insurance.

Analysis Breakdown

Shows the break down on how all the numbers are calculates similar to filogix

Master PREQ2 with 12 Short Video Tutorials

We also provide dedicated training for your team.

Lender Sheets

What if we were to tell you that the app can simultaneously complete all lender worksheets and calculate their surpluses and shortfalls? 

Then feed the data back into our pre-qual algorithm and estimate the maximum purchase price for each.

We just did. 

Lender Rental Sheets

What PROs are saying

Tons of positive feedback
Cody Rowe
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I’m getting tons of positive feedback – not to mention new clients – by getting this app in the hands of my referral partners.
Very helpful!
TanyaBangay
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As a Realtor, I frequently use this app as a quick reference to give my clients an idea of what expenses will be.
Best mortgage app!!
dremanage416
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I use this app at least one a day. Text it to my clients to pre-fill the applications makes my life easier.
Great App
Bosley Jos ,
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I'm a réaltor in downtown Toronto and I make my clients download this app. It allows us to compare costs of various properties easily and accurately. Keep up the good work!
Favourite App for business
cvwmwaw
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As a real estate Broker this App is amazing for my clients. It helps them play around with different purchase price scenarios, calculate closing costs & down payments etc....it also helps me run quick numbers for investor clients on the spot. The Pro is worth it all day long! The support staff is great and very responsive.
I love this app!!
jhiggelke
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I have been a mortgage broker for 12 years and this is the best mortgage calculator app that I have ever used. I am very excited to share it with both my clients and referral sources! Thank you!!
Awesome app.
Hoben2011
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I cannot live without this app. Immensely useful for qualifying buyers on the spot and show my expertise
Best Apps for rental property in Canada
lildavesflava
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How was it even possible to be an investor before this one came out. Best app ever made. Take in consideration all the subtlety of the Canadian market
Great real-estate investing app
Doubt fire
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As a new real estate investor, this app is my number one go-to resource for quickly comparing and evaluating the properties I'm looking at. Great interface, and easy to use.
This App Rocks
KrispyLovesRealEstate
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I'm a Real Estate Sales Professional in Ontario- this app covers it all! Land transfer tax calculations, mortgage insurance calculations, etc. They thought of everything when they developed this app!
Indispensable
Livingonthegoon
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I'm able to quote clients accurate numbers on mortgages including CMHC fees in seconds.
Best Mortgage App
HincheyHomes
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I love this app. Makes me look professional in front of my clients. Quick and easy enough anyone can use it.
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Quick, easy and accurate
Simply Powerful

Go PRO Now​

How to get the app

Since you are not glued to your phone (for once), you have 3 options for downloading the app

Text yourself a link

.. and have no fear, we don't save your number.

Scan this QR code and go to the app store

OR check us out on the App Store or Google Play