3 steps to home loan pre-approval.
Spring is just around the corner which traditionally means the property market will start to warm up.
If you are considering making that next property purchase, we recommend you get a home loan pre-approval first.
Not only does it save you time on your property search but also protects you from overspending at an auction.
Follow these 3 easy steps to get your home loan pre-approval sorted today:
1) Collect your documents
- Proof of identity
- Proof of income and savings
- Proof of living expenses and other expenditure
- Evidence of current assets and liabilities
2) Talk with us to find out
- How much can you borrow
- How much you require for a deposit
- How much you can repay each month
- If you qualify for a government grant or concession
3) Submit pre-approval application
- We fill out the required forms and do all the work
- The lender will confirm in writing
- Pre-approval lasts for 3 months
Ready to start your hunt?
Get in touch with our team at FinancePath to organise pre-approval early so you are prepared to act quickly when you find the right property.
Call us on 1300 780 440.
Learn more about the importance of loan pre-approvals from industry experts Mark Attard, one of our directors, and Gabe Mardegan, our credit manager. Watch now.
Tags:Property InvestmentHome loansPre-approval |