Pre-Approvals
Why get pre-approval?
A home loan pre-approval gives you more confidence when it comes to making an offer on a new property because it gives an indication of how much you can borrow.
How does the process work?
Your home loan pre-approval application is effectively an assessment of how much a lender is prepared to lend you based on your income, expenses and financial situation. Once your application has been assessed, I will contact you to confirm the outcome and discuss any terms or conditions that will need to be met. These conditions generally include:
- finding a suitable property
- receipt of a registered valuation
- mortgage insurance acceptance (if applicable).
Once you have found an ideal property, you will need to let me know and provide a copy of the contract of sale. I will then work with you to finalise your application and lodge your request for formal approval of the mortgage.
Why should I get loan pre-approval at the start of the home-buying process?
- You have a good indication of how much you will be able to spend on your new property by establishing your price range.
- You can concentrate your search on properties within your known price range and bid at auctions with more confidence.
- Obtaining a pre-approval is an obligation-free service
Get personalised advice
Everyone’s circumstances are unique. Speak with me for more information and to get personalised advice that matches your requirements.
More Information
Guide: First home buyer's guide
Guide: Step-by-step guide to home ownership
Calculator: How much can I borrow?
Calculator: Home Loan Repayment Calculator
Calculator: Achieve Savings Target Calculator
Start your home loan journey today
To discuss home loan options, call Angela on 0403 771 754 or complete the enquiry form below and I'll be in contact.
I can also help with:
Get the right home loan for your needs
Our mission is to find the right home loan for your individual needs and to always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation. ~
Smoother experience as they have all your information.
Better understanding of your financials to provide tailored advice. 
Faster response compared to being matched with a new broker.
