16/10/2026
Pre-approval doesn't mean you're approved."
A lot of first home buyers think once they've got pre-approval, the loan is basically locked in. It's not.
Pre-approval is conditional based on the information you gave at the time, not the actual property you end up buying. Final approval still needs a valuation, and it can still fall through if the property doesn't stack up, your situation changes, or lending criteria shift in the meantime.
That gap is exactly where first home buyers get blindsided usually right after they've signed a contract and started celebrating.
It's not something to be scared of. It's just something worth knowing before you're relying on it.
Get in touch and we'll walk you through exactly what still needs to happen after pre-approval.
