The home loan pre-approval process, also known as conditional approval or approval in principle, is when your bank conditionally approves you for a loan before you apply to buy a house.

The bank checks your finances and assesses whether you’ll be able to successfully repay a loan. If they deem you eligible, you’ll be granted pre-approval to borrow up to a certain amount. Most banks offer pre-approval which lasts for 3 to 6 months, giving you plenty of time to sort out the right home loan.

Obtaining finance can be a lengthy and often complex process, and pre-approval on your loan will make the whole process go a lot smoother and quicker.

At ProFinance we can arrange this for our clients, enabling them to go forward with confidence to negotiate on and hunt down the perfect home.

FIND OUT MORE

Get in touch

We can help with

Pre Approved
Loans

Fixed Interest
Loans

Variable Interest Loans

First Home
Owners

Free Property
Report