Home Loan Pre Approval: How Does It Work? (Australia)

Описание: Home Loan Pre Approval: How Does It Work? (Australia) // Sometimes referred to as approval in principle, pre-qualification or indicative approval, home loan pre-approval is an essential part of the home loan process. It gives buyers an indication that a lender is likely to approve them for a home loan, and importantly, how much they can borrow. This helps buyers bid confidently at auctions, armed with the knowledge of what they can and cannot afford.

0:00 Home Loan Pre Approval
0:35 What is home loan pre approval?
1:03 How do you apply for pre approval?
2:41 What are the benefits of pre approval?
3:10 What are the conditions i should be aware of?
4:15 Can home loan pre approval be withdrawn?
4:30 Is there a possibility my pre approval could be rejected?
4:50 I’m already pre approved, now what?
4:59 Can i extend my pre approval?

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For more information on important home loan topics, check out these videos below:

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Stamp duty:
   • Ultimate Guide To Stamp Duty (Australia)  

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