24/06/2026
π Could your home loan pre-approval be out of date? πβ£
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Mortgage pre-approval can potentially be an advantageous move for home buyers. π‘β£
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But recent rate hikes could leave your pre-approval in need of an update. β£
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Not only does pre-approval have a limited time span, usually 3β6 months, but it can also be impacted by rising rates. β±οΈβ£
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Canstar says just one 0.25% rate cut can reduce a single home buyerβs borrowing power by $12,000. β£
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That means a couple's borrowing power could have been reduced by more than $72,000 since the three cash rate hikes earlier this year. β οΈβ£
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The last thing you need is to discover you canβt finance the place you want to buy because of higher rates. β£
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Talk to us to bring your loan pre-approval up to date - and potentially find ways to improve your borrowing power. πβ£
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To find out more, contact Joe from Fast Funding on:
βοΈ β 0413 444 436
π» β [email protected]