Pre-approval

Stepping into the property market without a pre-approval is like searching for a house with a blindfold on. Home loan pre-approval is a crucial preliminary assessment by a lender that determines how much you can borrow. It's not a formal loan offer, but it's an incredibly powerful tool that gives you a significant advantage.

Here's why getting pre-approved with Ferns Finance is a smart move for buyers in Beenleigh, Logan, Scenic Rim, and on the Gold Coast:

• Know Your Budget: You'll have a clear understanding of your maximum borrowing capacity, allowing you to focus your property search on homes within your affordable price range. This saves you time and prevents disappointment.
• Boost Your Confidence & Negotiation Power: A pre-approval signals to real estate agents and sellers that you're a serious, qualified buyer. This can give you an edge over other bidders, especially in competitive markets, and strengthen your position when making an offer.
• Faster Settlement: With your finance largely pre-assessed, the final loan approval process can be significantly quicker once you find your property, leading to a smoother and faster settlement.
• Understand Loan Costs: Pre-approval also helps you understand potential loan repayments and associated costs, giving you a realistic financial picture before you commit.

We'll gather the necessary financial information, submit your application to appropriate lenders from our panel of over 60 banks and financial institutions, and guide you through every step. We're here to answer all your questions and ensure you're well-prepared for your property search.

Don't wait. Get pre-approved and step into the property market with confidence! Talk to us today.