Pre-Approvals

Pre-Approvals
If you are looking to buy that first home, upgrade from your existing home, purchase an investment property or just bid at an auction then why not get a pre-approval to help you take the uncertainty out of what you can afford.  When you have your loan pre-approved you know exactly how much you can potentially borrow and what price range you can afford. A pre-approval normally lasts up to 6 months so you can take your time to find the right property for you.

Most home loan pre-approvals remain conditional upon you finding a suitable property with the valuation of any property to be confirmed as satisfactory for your financiers lending purposes. This process is relatively quick and once a purchase contract is entered into, your lender will seek a valuation which normally takes up to 72 hours to complete. Once your valuation is confirmed as satisfactory loan documents are normally available shortly after and once these are signed your lender will prepare for settlement in due course.

So if you would like to see how much you can borrow and obtain a pre-approval give our home loan specialists a call on (07) 3349 9044 or contact us now.