You may assume that once you gain pre-approval for a home loan, full approval is a sure thing – but this is a common misconception. It can be a tough outcome to hear but it is possible for a would-be buyers’ home loan to be rejected even after they gain pre-approval. However, this doesn’t have […]
Tag Archives: pre-approval
The Great Australian Dream has always been to have a home to call your own. But one of the hardest questions many would-be home owners need to answer is whether it’s better to buy or build it. And if you’re hoping to keep costs low, you may want to know which option is the most […]
For first home buyers, saving up a property deposit is arguably the most difficult process of getting a foot on the property ladder. But all that hard work may not pay off if you’re making any of these common financial mistakes. After you’ve saved up a sizable nest-egg, you need to find a home loan […]
Lockdowns and restrictions across Australia have been challenging for everyone involved, but for would-be buyers hoping to purchase property, it’s a strange space to navigate. In Victoria, inspections and in-person auctions have been banned and can only be conducted remotely. In New South Wales it’s also tricky, with open homes and auctions banned in Greater […]
Is it necessary to have multiple home loan pre-approvals? Being pre-approved for a home loan can help narrow your property hunt significantly, since you’ll have a set budget in mind while you do your searching. Also, getting pre-approved and knowing your budget for a home loan sets you in a good spot to put a […]
Walking through real estate listings and picturing yourself in a home is arguably the most fun part of purchasing property. But getting to this stage may take a little bit of time and a whole lot of paperwork. There are a few factors that would-be borrowers may need to consider before they begin their home […]
5 things you need to know about mortgage pre-approval When it comes to purchasing your first home, there are a few stages every would-be borrower will need to pass through before they sign on the dotted line. And one of the most important stages of home ownership is pre-approval. What is a home loan pre-approval? […]