Finance Your Home with Confidence
Before you begin viewing properties, it is a good idea to get pre-qualified for a home loan. Pre-qualification gives you a clearer picture of what you can afford, helping you focus on properties within your realistic price range.
Your affordability is generally based on:
- Income and monthly expenses
- Existing credit commitments
- Credit history
- Deposit available, if applicable
- Purchase price and property valuation
Found the Right Property?
Once you have found a property you love, your Compass Property Practitioner will guide you through the Offer to Purchase. If your offer is subject to bond approval, you can apply directly to your bank or use a bond originator, who can submit your application to several participating banks and help compare available offers.
What Happens After Approval?
Once your bond is approved and accepted, the bank appoints a bond attorney to register the mortgage bond. The seller’s transferring attorney manages the transfer of ownership, and all attorneys work together to prepare the documents for registration at the Deeds Office.
From pre-qualification and property viewings to signing your offer and receiving your keys, Compass is here to keep the process clear and supported.