Pre-Approval
Once you understand your budget and how much you can borrow, you can apply for pre-approval. Pre-approval shows your borrowing power and could help you secure a property. It is valid for 3 months and provides you with conditional loan approval for a home loan subject to specific conditions, giving you the confidence when searching, enquiring, and making offers on properties. It is important to note that a pre-approval is subject to valuation of the chosen property that must be acceptable to the bank and other conditions may apply.~
When you apply for your pre-approval our lenders take into account: