At Bee Finance Savvy, we recommend that our customers get pre approval for their home loan as soon as possible. This avoids a lot of unnecessary problems and provides peace of mind. Afterall – everyone wants their home buying experience to go as smoothly as it can!
Sometimes though, changing lender policies can have an effect on pre approvals.
How policy changes impact existing pre approvals
In most cases, policy changes don’t affect existing, valid pre approvals. However, there are a few lenders with whom this isn’t the case.
Sometimes, a policy change by a lender can change the terms of a pre approval. Often this can be in the form of a change to the approved loan amount.
At Bee Finance Savvy, we keep up to date on all lender policies and their constant changes. If a policy change affects a client’s pre approval, the first thing we do is to find out exactly how it’s affected. Next, we find out when these policy changes take effect.
This allows us to let our clients know how long they have before the changes will apply, and what these changes will entail. This goes a long way to providing peace of mind, and allows our clients to make an informed decision when buying a property.
Bee Savvy about your home loan pre approval!
If you’re looking for a home loan pre approval, and want to be kept informed and up to date about your options, then Bee Finance Savvy is the mortgage broker for you. For an obligation free consult, call or text Desiree on 0455 131
For reviews from just a few of our happy customers, why not take a look at our WOMO page https://www.wordofmouth.com.au/reviews/bee-finance-savvy-miranda
You may also enjoy – https://beefinancesavvy.com.au/lenders-long-memories-home-loan-applications/