Pre-approval

Conditional loan pre-approval gives you peace of mind and the confidence in knowing how much you can pay for your house.

Conditional pre-approval takes into account your financial situation and indicates that you are eligible to apply for a home loan up to a certain limit.

Benefits of obtaining conditional pre-approval:

  • It gives you peace of mind
  • It allows you to shop with confidence
  • It shows the Real Estate Agent that you are serious about buying a home
  • You may also have stronger bargaining power with the vendor as your pre-approval may take one of the key conditions out of the buying process
  • You may also be able to bid at auction under the pre-approval terms
  • If you make an offer you will be in a position to move quickly with your finance already sorted – thus helping to avoid being gazumped.