Lenders and Mortgage Brokers say you should have one.

Clients want to know that if they make an offer, their loan will be approved.

Real Estate Agents want to know if the contract they are about to write will succeed.

But

No-one really knows what they are or even what one looks like

Lender preapprovals mean little – some of them say, “subject to verification of the information provided” – which means an application hasn’t even been looked at. Many lender pre-approvals are cynically designed to do nothing more than stop you from product shopping.

A pre-approval of value should involve a full assessment of your circumstances and give you the peace of mind of knowing that your only “subject to’s” are

• Subject to suitable security property
• Subject to valuation

I will look at

• your income and find a lender where it fits policy
• your savings to ascertain where they are accepted
• assess your expenses
• if necessary obtain a copy of your credit report

I can issue you a preapproval certificate that gives you the confidence to look for your home.

When you find your Dream Home … you want the peace of mind to know that I will follow up with your Dream Loan.