Building Loans for every Australian
Building a home is one of the great Australian dreams. Too often though buyers will sign contracts with land agents and builders to build their home only to have their dreams dashed when their home loan is declined. To avoid this, Building Loans Australia recommends that you first obtain a special Construction Pre-Approval.
Unlike a standard pre-approval, a construction home loan pre-approval is made subject ONLY to the valuation of the property you buy. A standard home loan pre-approval is made subject to a complete check of the mortgage application and valuation.
Pre-approval is free and lasts for three to six months. If you come to the end of the pre-approval period and require an extension, you will need to confirm there are no changes to the application and submit updated confirmation of earnings (e.g. payslips).
A construction home loan pre-approval can be used for:
Pre-approval is the best way to ensure that you will have access to the mortgage you require when it is needed. If you are considering building your own home, contact Building Loans Australia to arrange a free construction loan pre-approval. Our mortgage brokers are experts in construction loan policies and procedures, and will ensure pre-approval is made with the best deal for you.
“Just wanted to stop for a minute and express that how grateful we are for all the help and professionalism you have demonstrated thus far.
You have shown an utmost customer service in addition to your knowledge and experience. You have made this experience a pleasure for us and I am very happy to refer your services to others and also provide a formal reference.
Once again, many thanks.”
“Special thanks to Craig Vaughan, who all though the process was very forthcoming and always available to my queries.
Job well done!”
“Extremely helpful and prompt in service. Dealing with Ian and his team was easy and we will not hesitate recommending his services, and using his services in the future.”
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