Pre Approval

Home Loan Pre-Approval

A home loan pre-approval can help you understand your potential borrowing position before you start seriously searching for a property. LNO Mortgages can assess your circumstances and help identify lenders and loan structures that may suit your requirements.

We review your income, expenses, liabilities, savings, deposit position and financial commitments to estimate borrowing capacity and identify any issues that may need to be addressed before an application is submitted.

Where appropriate, we can then assist with a pre-approval application to a suitable lender. A pre-approval is generally conditional and is not a guarantee of final approval, as the lender will still need to assess the property and confirm that your circumstances and lending criteria remain acceptable.

Having your finance organised early can help you understand your budget, narrow your property search and be better prepared when the right property becomes available.