Pre Approvals

Benefits of a pre-approved loan

Did you know that you can apply for home loan pre-approval?

This is generally valid for 3 months and gives you a good idea of how much you can actually spend on your property.

The best part about pre-approval is that it can provide peace of mind before you hit the pavement in search of your new home and provide you with better negotiating power.

 

Loan pre-approval can also help you prepare if you are planning to buy at auction, as – in some States -
a winning bid means that you commit to the property on the day and are required to pay a non-refundable
deposit.

**Keep in mind however, if your circumstances change between your application for pre-approval and when you find a property, your pre-approval may be withdrawn by the lender.***

 

To discuss your home loan needs, determine how much you can borrow or organise loan pre-approval, please give us a call today 0414233300.