Know exactly how much you can borrow BEFORE you start house hunting. Get pre-approved in 24 hours, valid for 3-6 months.
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Pre-approval (also called conditional approval or approval in principle) is when a lender assesses your financial situation and confirms how much they're willing to lend you - BEFORE you find a property.
The lender checks your income, expenses, credit score, and employment. They tell you: "Yes, we'll lend you up to $X, subject to property valuation and final checks."
Don't waste time looking at $800K properties if you can only borrow $600K. Pre-approval tells you your EXACT borrowing power.
Sellers and agents take you seriously. In competitive markets, pre-approval can be the difference between winning and losing the property.
With pre-approval done, you can move from offer to unconditional in 7-10 days instead of 4-6 weeks. Crucial for auctions and hot properties.
Shop with confidence knowing the finance is sorted. No nasty surprises after you've fallen in love with a property.
Pre-approval = you're a serious buyer. Sellers are more likely to accept offers and negotiate on price if they know you can actually get the loan.
If there are problems with your application (credit issues, income verification), you find out NOW, not after you've signed a contract.
Fill out our quick assessment form. We need: income, expenses, employment, savings, property price range.
Our system compares 32+ lenders and identifies which ones will give you the best rate and highest approval chance for YOUR situation.
You provide supporting documents:
We package your application professionally and submit to your chosen lender(s).
Approved! You receive a formal pre-approval letter stating your maximum borrowing amount. Now you can start house hunting with confidence.
Total time: 2-3 days from start to pre-approval letter in hand.
Lenders will check your credit file. Pre-approval is easier if you have:
Got bad credit? We work with specialist lenders. See bad credit options →
Typically 3-6 months depending on the lender. Most are 90 days (3 months). After expiry, you'll need to update documents and resubmit. If your situation hasn't changed, it's usually quick.
Not 100%, but close (95%+). Pre-approval is conditional on: (1) property valuation coming in at or above purchase price, (2) no major changes to your finances, (3) property being acceptable security (no major defects). If you buy within budget and nothing changes, you'll get final approval.
Yes, but minimally. The lender does a hard credit inquiry which may drop your score by 5-10 points temporarily. This recovers within 3-6 months. Don't apply with multiple lenders yourself - let a broker submit to the best one to avoid multiple inquiries.
Yes! Many borrowers get pre-approved with 5-10% deposit. You'll need to pay Lenders Mortgage Insurance (LMI) if under 20%. The First Home Guarantee scheme allows 5% deposit with no LMI for eligible first home buyers.
No problem! If you're pre-approved for $700K but buy a $650K property, you just borrow less. The pre-approval is a MAXIMUM, not a requirement. Buying cheaper usually means faster final approval.
ABSOLUTELY YES! Auctions are unconditional - if you win, you MUST settle. You need to be 100% certain you can get the loan. Most people get pre-approved for 10-20% above their auction budget to give themselves room.
Start your home buying journey with confidence. Get pre-approved in 24 hours and know exactly how much you can borrow.
Get Pre-Approved Now →✓ Free service ✓ 24-hour approval ✓ Compare 32+ lenders ✓ No obligation