Get Pre-Approved To Shop With Confidence
Securing finance can be a complicated process at the best of times - but with the added pressure of having found a home you want, it becomes even more complex.
If you need to make an offer fast or would like to bid at auction, you cannot possibly do so knowing that you have not yet been approved for a home loan.
It is precisely these kinds of situations where home loan pre-approvals are especially useful.
This is a free service and can really help you to determine your price range and give you confidence during a bidding negotiation.
As lenders have different methods for calculating your borrowing capacity, it is best to shop around before committing to one certain financial situation.
It is recommended that you choose a formal pre-approval to be assured of the predetermined amount.
This will also ensure that you receive your unconditional approval faster.
Pre-approvals are valid for three months, giving you the time to shop for a home and choose wisely.
Negotiate with confidence having secured home loan pre-approval.
To get more detailed information on your situation, talk to a Loan Market mortgage broker today.