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We give you peace of mind and confidence.

A pre-approved home loan is the best way to ensure full financial confidence when shopping for your new home. Pre-approval takes the uncertainty out of searching for a property by finding out exactly how much money you can borrow before you make an offer.

A pre-approval is assessed in exactly the same way as a full approval. The only difference is that the property you are purchasing has not yet been determined.

When you apply for a pre-approved home loan your application is submitted and assessed. After notification from the lender, we will contact you to confirm your successful application and discuss any terms or conditions that will need to be satisfied before a full approval is given. These conditions normally include:

• Finding your new property
• Receipt of a registered property valuation
• Mortgage insurance on your new property if applicable

Once you have found your property, you will need to provide us with a copy of the contract of sale, which includes important details such as the property address and the title details, the purchase price and the real estate agency you are purchasing through. It is important to note that a pre-approval is not an unconditional approval, so you should ensure that any contract of sale that you sign is endorsed 'subject to finance'.

Full approval of your loan can take as little as an hour, or it may take a few days if valuations are required. Once the loan is unconditionally approved, the formal documentation, including terms and conditions, will be forwarded to you and we will make plans with you for settlement of your new property.

Contact Fusion Finance today for more information on any of our loan products. We look forward to the opportunity to help you.