Home loan pre-approval
Know your budget before you bid. We organise conditional approval with a lender that suits your plans.
Pre-approval, also called conditional approval, is a lender's indication of how much it's willing to lend you, subject to a valuation and final checks.
Not all pre-approvals are equal. Some are automated and loosely assessed. Ram submits a fully assessed application where possible, so there are fewer surprises once you've found the property.
Who this suits
- Buyers heading to auctions
- Anyone making an offer in the next three months
- Buyers comparing what different lenders will lend
What Ram helps with
- Choosing the lender before you apply, not after
- Explaining the conditions attached to your approval
- Renewing or moving pre-approval if your search takes longer
- Turning pre-approval into formal approval quickly once you've exchanged
Documents to have ready
You don't need everything for the first chat, but having these handy speeds things up.
- Photo ID
- Payslips or tax returns
- Bank and savings statements
- Existing loan and card statements
Questions about pre-approval
Usually around 90 days, depending on the lender. It can often be extended with updated documents.
No. Final approval depends on the property valuation and the lender confirming nothing material has changed. That's why we check the property type and your circumstances carefully up front.
Guides on pre-approval
Talk it through with Ram
A free, no-obligation conversation about where you are now and what you're planning. No credit check, no pressure.