Start with a Pre-Approval: Your Roadmap to Home-Buying Success

When starting your journey to buying your first home or investment property, the process can feel overwhelming. One of the most important steps to take right at the beginning is getting a pre-approval. Think of it as your personal roadmap—it guides you, helps you budget realistically, and positions you as a confident and serious buyer in the competitive property market.

At Liberty Wealth Finance Pty Ltd, we specialize in helping first-home buyers and property investors achieve their goals with tailored home loan solutions.

What Is a Pre-Approval?

A pre-approval is a conditional green light from a lender, indicating how much you can borrow to purchase a property. It’s based on your income, expenses, and credit history and gives you a clear idea of what you can afford before you start house hunting. For more details on pre-approvals, you can visit:

• Australian Securities and Investments Commission (ASIC) – Pre-approval basics

Why Is a Pre-Approval Your Best Starting Point?

1. Clarity on Your Budget

Without a pre-approval, you risk falling in love with a home that’s outside your budget. A pre-approval helps you focus on properties within your financial reach, saving you time and heartache.

2. Stronger Buyer Appeal

Sellers and agents favour buyers with pre-approvals because it shows you’re serious and financially prepared. This can make your offer more appealing in competitive situations.

3. Confidence in Negotiations

With a pre-approval in hand, you can negotiate with confidence, knowing exactly how much you can spend.

4. Streamlined Loan Processing

Pre-approval sets the groundwork for the final loan process, making it quicker and less stressful when you find your dream home.

5. Prepares you for Auctions

We’ve seen a massive increase in properties going to Auction. When bidding at an Auction it’s important that you have a pre-approval in place because you can't withdraw your offer once the hammer falls.

Steps to Get Pre-Approved

1. Reach Out to Liberty Wealth Finance: Start with a conversation about your financial goals.

2. Gather Documentation: Be ready to provide proof of income, savings, and expenses.

3. Recommend a Lender and Product: After reviewing your information we’ll compare over 30 lenders for you and recommend what we deem the best product and lender for you. 

4. We’ll Submit Your Application: We’ll prepare the entire application and send it to you for a signature when it’s ready to submit!

5. Receive Pre-approval: Once pre-approved, you’ll know your budget and can confidently begin your property search.

   
   

To better understand the process, check out these resources:

• Domain – Why you need a pre-approval

Why Now Is the Best Time to Act

The property market moves quickly, and so should you. Getting pre-approved before you start house hunting can be the difference between securing your dream home or watching someone else claim it.

If you’d like to find out if you’re ready to be pre-approved, click the button below to book a 30 minute phone call with one of our brokers

🔗 Contact Us:

• Email: mhannant@libertywealth.com.au

• Phone: 07 3879 7967

Follow us on social media for the latest updates, tips, and insights:

• Instagram: @michael_hannant_finance

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At Liberty Wealth Finance Pty Ltd, we pride ourselves on being more than brokers; we’re your partners in the property journey. Start strong with a pre-approval and let us help you move one step closer to your dream property.

Ready to take the first step? Let’s get started today!