How long will my pre-approval last for?
A pre-approval for a Well Money branded home loan will last for 90 days. Most Banks, Credit Unions and other non-bank lenders also provide a 90 day pre-approval limit. Speak with your Well Money broker to make sure that your chosen lender has this option.
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What is a pre-approval?
Pre-approval At Well, we do offer the ability to get yourself pre-approved for a home loan. There are different types though, so let's go into the different types of pre-approvals below. Pre-approvals come in different shapes and flavours depending ...
Do I need to get building insurance?
Yes. It is a condition of your mortgage that you have a general insurance policy which names the lender as an insured party. The general insurance policy should insure the property for fire, storm and other hazards that may impair the value of the ...