Getting a home loan pre-approval puts you in the best position if you’re planning to buy property. What’s more, a pre-approval is essential if you’re bidding for property in an auction. While a home loan pre-approval may be conditional, it gives you a relatively secure assurance of the amount a lender is willing to loan you and how much your repayments will be. Here are 3 things you need to know about home loan pre-approvals from our partners at Mortgage Express.
