What is the home loan pre-approval process?

Oct 16, 2019 11:06:00 AM

A home loan pre-approval gives you peace of mind when you first start house-hunting, by letting you know exactly how much money the bank is prepared to lend you. Although your pre-approval is conditional, it puts you in a position to move quickly when you find your ideal home, and it’s also an essential step if you want to bid at auctions. Here’s what you need to know about the home loan pre-approval process.

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Topics: Buying, Pre-approvals, NZ Finance, NZ Mortgage Adviser, Home Loan Advice, Home loan pre-approval