A Pre-Approval means you can submit your loan application to a lender BEFORE you find your property to gain an ‘Approval in Principal’ subject to finding a suitable property.
How Does It Benefit You?
- Knowing exactly how much lenders will allow you borrow.
- Know what you can offer when you find a suitable property.
- May save you thousands in the negotiating process if the agent knows you are ready to buy.
- Ready to exchange if suitable property found and don’t have to wait for approval.
- Pre-approval is generally valid for 3 months.
- There is no cost for a pre-approval.
Talk to Your Trusted Local Mortgage Broker today to find out more.
Denistone Financial Services
Call (02) 9114 6663