I have over the last few months applied for a pre-approval through NAB Bank for a home loan.. I have now found a home paid a 0.25% Deposit and am now on my 10 day cooling off period.. on my 4th day so far.. inspections for the house has been done and all ready to go pretty much and today I learn the bank has not approved my Loan... how can this be? I do not think its fair to get someone into buying a house and then turn thier backs on them.. what is the point of a pre-approval if this can occur???
And as well I am trying through a different bank what are my chances if one disapproved the other one will approve and what do i do??? If i can not get a loan.. am i bound by the contract that i signed... please let me know further...!!!
And as well I am trying through a different bank what are my chances if one disapproved the other one will approve and what do i do??? If i can not get a loan.. am i bound by the contract that i signed... please let me know further...!!!