Arrange a Pre-approval

House hunting is meant to be an enjoyable experience but some buyers experience stress by not organising a pre-approval.

Just picture being able to make an offer on a property or raising your hand on auction day with the knowledge of knowing you have the funds lined up. You can have that piece of mind by obtaining a pre-approval.

The process of obtaining a pre-approval is quite simple.

Speak to a member of our team
At ACT Home Loans, we take the time to understand our clients’ financial requirements. To start the pre-approval process, we will ask you a series of questions: such as your employment history, your income, etc.

After we have the information we required, we will use this to work out your borrowing power and find the ideal loan product for you. We will also explain the various fees, charges and costs that are involved in your loan.

Applying for a pre-approval
Once you’ve chosen the loan you’d like to obtain the next step is to sort out your application. Our team will guide you through the application process, including all the paperwork. Once you’ve completed this step our team will send your application off to the lender.

Getting approved
Once your application is received by the lender of your choice they’ll go through the information you’ve provided to make sure all the details are correct. They will also use a credit reporting agency to check your credit history. Once you have passed this process, the lender will approve your pre-approval.

If you’d like to obtain a pre-approval or would like more information on how we can help you, contact us today on 0419 241 231 or fill out our enquiry form and a member of our team will be in touch.