Junction Home Loans
(02) 5550 0020 Book a first chat

01 Before you buy

Pre-approval and buying strategy

Find out what you can actually borrow, and on what terms, before you fall for a kitchen at an open home.

Fee to you
No fee to you
First appointment
60-90 min first appointment

We take your income, your commitments and your deposit, run them through the servicing policies of the lenders on our panel, and tell you what each one would lend and why the answers differ. If a formal pre-approval is worth having for your situation we arrange it. If it is not worth having yet, we tell you what to fix first and you leave with a list instead of an application. Either way you walk out knowing your ceiling, your deposit gap and the questions the agent will ask you at the next inspection.

What is included

  • Servicing assessment across our full lender panel
  • Deposit, duty and upfront cost breakdown for your purchase
  • Pre-approval lodgement and follow-up with the lender
  • A written summary of your position you can show an agent
A couple standing in an empty living room at dusk, looking up at the room around them
The question every empty house seems to ask. We answer it before the next open home.
Before you buy

No fee to you

No fee to you. We are paid a commission by the lender you choose, and the amount is written next to every option before you decide.

Book a first chat

or call (02) 5550 0020

02How it runs

5 steps, in this order

Typical first appointment: 60-90 min first appointment. You are told which step we are on, without having to ask.

  1. 01 Send through pay slips, statements and current commitments
  2. 02 First appointment at your table or ours to map your position
  3. 03 We shortlist the lenders whose policy fits your income type
  4. 04 Lodge the pre-approval and confirm the conditions attached to it
  5. 05 Reassess before anything else touches your credit file

03Asked often

Before you ring

If your question is not here, it is probably on the FAQ page, and if it is not there either, ring and ask.

Does a pre-approval mark my credit file?

A formal pre-approval is an application and it is recorded. That is exactly why we assess your position against lender policy first and only lodge where we think it holds. Shopping the same file from lender to lender is what does the damage.

How long does a pre-approval last?

Most run around three months and can usually be extended once if nothing about your situation has changed. We diarise the expiry so you are not caught out halfway through an auction campaign.

Is a pre-approval a guarantee?

No. It is a lender saying yes to you, subject to a valuation on the property and no change to your circumstances. We will tell you exactly which conditions are still open.

What people usually pair this with

10The first chat

Start with the first chat

Sixty to ninety minutes, at your table or ours, evenings available. Nothing to pay and nothing committed. Long enough for us to tell you what is actually possible and whether we are the right fit.

What to bring

  • Recent pay slips, for both of you if you are buying together
  • Three months of bank and credit card statements
  • Photo identification
  • A rough idea of what you already owe
  • Two years of financials and tax returns, if you are self-employed

Or skip the form

(02) 5550 0020
  • Mon to Wed 8:30am to 5:30pm
  • Thu 8:30am to 7:00pm
  • Fri 8:30am to 4:00pm
  • Sat 9:00am to 12:00pm, by appointment
  • Sun Closed

Evening and weekend appointments are normal in this trade. Leave a message on the office line or text Marty on 0491 570 156 and you will hear back the same day.

Book a first chat

Tell us roughly where things are at and we will come back to you the same business day. Or call (02) 5550 0020 and speak to Marty now.

or call (02) 5550 0020

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