Introduction: 

When you’re ready to buy a property, one of the smartest first steps is getting pre-approved for a loan. It not only helps you understand your borrowing capacity but also gives you an edge in a competitive market. At Financia Group, we make the pre-approval process simple, clear, and personalised. 

What is Pre-Approval? 

Pre-approval (also called conditional approval) is a lender’s indication that you’re eligible to borrow a certain amount based on your financial situation. It’s not a full approval, but it gives you confidence to start house hunting within a realistic budget. 

Why is Pre-Approval Important? 

● Clear Budgeting: You’ll know exactly what you can afford, avoiding disappointment or overcommitting. 

● Stronger Offers: Real estate agents and sellers take your offer more seriously when you’re pre-approved. 

● Faster Settlements: Since some of your paperwork is already processed, it can speed up the final approval when you find a property. 

What Do Lenders Look At? 

When assessing your pre-approval application, lenders typically review: 

● Your income and employment status 

● Living expenses and debts 

● Credit score and credit history 

● Savings and available deposit 

● Type of property you’re looking to purchase 

Our brokers help you present your financial profile clearly, giving you the best possible chance of a strong pre-approval. 

How Financia Group Helps? 

We make pre-approval easy by: 

● Comparing over 30 lenders to find the best fit 

● Explaining your borrowing options in plain English 

● Handling paperwork and liaising directly with lenders 

● Giving you a clear idea of what to expect at each step 

How Long Does It Last? 

Most pre-approvals are valid for 60 to 90 days. If you don’t find a property within that time, we’ll help you renew or reassess based on your updated situation. 

Getting pre-approved is more than a formality; it’s a smart strategy to help you buy with confidence. At Financia Group, we’re here to guide you through the process, answer your questions, and ensure you’re in the strongest position possible when it’s time to make an offer. 

Ready to get started? Contact Financia Group today to arrange your pre-approval.