Can I have more than one pre-approved loan?
Sometimes it is helpful to have more than one pre-approved home loan.
You won't be committed to any particular loan offer until it suits you.
Normally we recommend one pre-approved loan to cover you when you enter the contract to buy the house. Then, before you need the loan for settlement, we review your options again to ensure that the pre-approval is still the most suitable. This gives you the best of both worlds and keeps your options open until you actually need the money.
Occasionally, it is best to get a range of pre-approved loan offers and we discuss this case by case.
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