Get pre-approved for home loans and bonds with ooba. Check your bond and home loan pre-approval in a few easy steps.
Are you here to see if you’ll qualify for a home loan? Then we can only guess that you’re about to embark on one of the most exciting journeys of your life. Owning a home that provides shelter for you and your loved ones is an incredibly rewarding experience.
Rest assured that you’re in the right place. We can assist you with a pre-approved home loan – and ultimately home loan approval.
Here’s what you need to know:
The home you can afford depends on your monthly income, expenses, outstanding debt, income tax and credit profile. The ooba Bond Calculator can help you work out what you can afford.
To get bond pre-approval, your disposable income should exceed 30% of your gross monthly income.
Make sure you’ve got documents to prove your income and expenses. Keep your pay slips, a record of your pension and medical-fund contributions, receipts, and more.
Have you made provision for a change in circumstances (e.g. getting married or starting a family), as well as inflation and interest-rate hikes?
Getting a pre-approval home loan means you won’t risk putting in an offer on a property you can’t afford. Take this step before you go house hunting, or else you risk disappointment.
When you qualify for a pre-approved home loan, you’ll get a certificate. Take this with you when you put in an Offer to Purchase. This shows the amount you qualify for and is valid for 90 days.
A pre-approved home loan – and a certificate to prove you have bond pre-approval – shows the estate agent and the seller that you mean business.
I would like to know how to Get a Pre-Approved Home Loan. Please contact me.
Getting a pre-approved home loan means you’re one step closer to qualifying for a home loan and moving into your dream property.
If you’re in the property market, or just considering buying your first home, you should be thinking about these things in 2014 to save you money and to protect your investment. Make one of these resolutions now, and stick to it!