The Advantages of getting Pre-Approved

Why we like to get our clients Pre-Approved?

There is nothing worse than finding the right home or investment property only to have someone else's offer accepted over yours.

Getting pre-approved can help you get ahead of other buyers and you can shop for your new home or investment property with confidence.

Our Brokers see a formal pre-approval as a critical step in purchasing a property. We request that the lender completes a full assessment of your financial situation to give you an approved amount to borrow.

This means is that you can attend auctions and know what your price limit is and how much your repayments would be at a certain price range. Even if you're borrowing a small amount, a formal pre-approval is a good idea. You'll know exactly how much you have to play with, putting you in a stronger position to negotiate with a vendor or bid at auction.

A formal pre-approval is IMPORTANT as there are different kinds of pre-approvals from different institutions - it's important you get a formal, written pre-approval. Once you have it, you can negotiate or bid under almost the same conditions as a cash contract.

We advise clients to be cautious of websites & institutions offering pre-approvals that aren't fully assessed. Our Brokers will organise your home loan pre-approval for a loan that matches your personal situation and financial goals.

Top 6 advantages of letting us get you pre-approval:

  1. We can get your loan approved very quickly, if you need it.
  2. We'll get you a formal approval, which is much better than any 'instant' online approval.
  3. You will know exactly how much you can spent and what you repayments will be.
  4. Buying and shopping for property will be much easier.
  5. Your loan approval will be good for months.
  6. Amazing Service. Zero Cost.

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