Home loan pre-approval is an indication from your lender that you would be approved for finance up to a certain amount if nothing changes. It allows you to bid with confidence at auctions and make offers on property, knowing that the bank will most likely approve a loan to finance your purchase.

This pre-approval is usually free and valid for three to six months, plus having it may make your formal approval easier when it comes time.

The process of securing a home loan can be challenging. You may not be able to find a suitable loan through your bank, the application might be confusing and you may be denied without fully understanding why.

That’s why getting the right help from a mortgage broker is absolutely essential at this stage. Brokers have an inside knowledge of lenders and how the approval process works. They also have access to countless loan products so that no matter your situation they can find a loan that fits your needs.

But most importantly a mortgage broker is your advocate throughout the entire process. They’ll use their experience and expert knowledge to help you fill out documentation, prepare your application and get your affairs in order. With the right person in your corner the home loan application process could be an easy breeze.Get the right help and talk to a local mortgage broker to find out more.

The Loan Market Dunedin team have helped many locals living in the Greater Dunedin area into their new home. We treat a mortgage as a relationship not a transaction. We manage our clients’ mortgage for the life of the loan and whenever interest rates come up for renewal, we renegotiate on your behalf with the bank to make sure you are always on the best deal.

We’re big into advice. We can advise you about fixing or floating your interest rate and share ideas on how to minimise the interest on home loans and maximise any tax benefits on investment loans. We specialise in helping first home buyers and investors find the right loan. We’re experts in how you can use your KiwiSaver funds to buy your new home and know exactly which lenders will support you.