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Is it better to be pre-approved or pre-qualified?

Pre-approval will put more weight behind your home loan application, as it involves a more thorough assessment of your situation, and provides you with a prequalification certificate that you can show to your estate agent or home seller to prove you have the necessary funds. The certificate will be valid for 90 days.

You can get pre-approved using ooba Home Loans’ free, online tool, the Bond Indicator. This will provide you with your credit score and an accurate assessment of what you can afford. Alternatively, you could contact ooba Home Loans and get pre-approved by an expert. They will examine your financial situation in the same way a bank would, and within 48 hours give you an idea of what size of home loan you will qualify for.

Get prequalified for a home loan today

DIY with our online prequalification tool, or speak to an expert.

Get Prequalified

Ranked #1 in Financial Services on Hellopeter

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Average rating of 4.82 from over 3 000 reviews

Simply The Best

Ooba home loans services are simply the best. My Consultant Bianca Dancer was so hands on and helpful from the get go. She guided me through the entire process and put me at ease being a first time buyer. I highly recommend their services.

Tia J

Excellent Service

Jay Govender and Maleshini Reddy from OOBA provided outstanding assistance and guidance in securing our home loan. Response times were excellent and they were professional and friendly.

Brice G

Bond Application

Estelle Vorster was really helpful in securing the best deal for my home loan, she not only negotiated a lower interest rate she went as far as securing 50% discount on the transfer costs.

Butana M