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Approval in principle means you are given finance approval prior to
purchasing, if you have fulfilled the lending criteria in principle.
If your loan is approved in principle, we can provide you with an ANZ
Home Buyers Certificate. This indicates how much you are eligible to
borrow based on the information you provide to us, so you will know how
much you are able to bid at an auction or offer stage.
This means that you:
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have an indication of how much you are able to borrow
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have a realistic budget when you shop for a property, confirmed
by an ANZ Home Buyers Certificate
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can be treated as a serious buyer by agents.
To obtain this approval, visit a
branch or call 13 14 98
and apply for a loan, based on your current financial position and an
estimate of your purchase price. When you purchase your property, a
formal approval will be given based on the actual amount you will be
borrowing and the purchase price.
Alternatively, ANZ is able to provide you with an indicative answer on
the amount you wish to borrow.
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