This is one of the most important steps you will take as a home buyer, particularly if you are new to the property market. Assistance from an experienced broker is crucial to helping you obtain a pre-approval for a home loan.

A loan pre-approval means that a lender has agreed, in principle, to lend you an amount of money towards the purchase of your home but hasn’t proceeded to a full or final approval. It allows you to know your maximum available funds so you can narrow your search, negotiate with more certainty, and bid with more confidence if you’re going to auction.

A pre-approval is a pathway in getting you closer to your new family home or investment property. It’s not a requirement in the home buying process, but it can make it much easier and reduce the stress involved.

Pre-approval can also make you a more attractive buyer to a potential seller, as it indicates that you’re serious about purchasing the property and that your offer is less likely to be withdrawn due to a lack of financing.

Factors which can negate a pre-approval include changes to your personal circumstances, changes to government regulations, a negative valuation of the property or a change in the property’s condition.

We understand the importance of a smooth home buying experience. Our experienced brokers are here to guide you through the pre-approval process, ensuring that you are well-prepared and confident in your financial standing. By working closely with you, we aim to make your journey to homeownership as seamless and stress-free as possible.