With something as important as buying a house, it is natural to want to be confident about your decisions at every stage of the process.

To indulge in a sports metaphor – anything less than a slam dunk simply won't do.

That means you need to take the time and put the effort in to cover all your bases, whether selling a current property, locating a suitable new house or arranging your home loan.

One of the open secrets of buying property is that the earlier you sort out your loan finance, the easier the rest of the process can be.

For instance, you will probably be wondering what most buyers do – how much can I borrow?

It's natural to be curious about your borrowing capacity – it is also really helpful to know this as soon as possible in your property journey.

It will help you to develop realistic boundaries for your property search and give you an early indication if more financial discipline is required on your part before you are ready to achieve your goals.

If you are in fact where you need to be, it is a great idea to get home loan pre approval before you start seriously looking for potential places.

This way, when you find somewhere you are genuinely interested in, vendors can see that you are a serious buyer and they may often give preference to those who have already arranged their finance.

You'll also be able to make offers with confidence and bid at auctions, where each bid is unconditional.

Probably the best thing about getting your mortgage finance sorted sooner rather than later is that by consulting with an expert home loan adviser, you can benefit from their knowledge and experience with all aspects of the home buying – and selling – process.

You can contact a Smartline Mortgage Adviser on 13 14 97 for home loan advice. Or complete our call request form and we’ll call you!

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DISCLAIMER: The information contained in this article is correct at the time of publishing and is subject to change. It is intended to be of a general nature only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before acting on this information, Smartline recommends that you consider whether it is appropriate for your circumstances. Smartline recommends that you seek independent legal, financial, and taxation advice before acting on any information in this article.