Pre-Approval shows HomeStart will lend you a certain amount of money to buy a property, as long as the information you have supplied is correct and all conditions are met.
With Pre-Approval you can:
- start looking for the home you want
- make an offer on a property with confidence
- take up to 4 months to find your home.
We can arrange Pre-Approval 5 to 10 days after your loan application has been assessed, if you meet our eligibility criteria.
If it takes longer than 4 months to find a home, your Loan Consultant can reassess your situation to give you another Pre-Approval.
Need more information? Visit our educational website MyStart.