Eternity Group

Mortgage broking · Pre-approval

Get Pre-Approval Ready for Your Home Loan

Pre-approval gives you clarity on your likely borrowing limit before you make an offer. We help Sydney borrowers — including the self-employed — prepare documents, verify income and understand the conditions, so you approach lenders with a clean, well-presented application. Approval always depends on the lender’s assessment of your circumstances.

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Mr Rohan Manokaran (Credit Representative 565110) is authorised under Australian Credit Licence 561324 held by Loans Only Pty Ltd. Information on this page is general in nature and does not take into account your objectives, financial situation or needs. Credit eligibility, lender criteria, fees and charges apply.

Who this is for

Borrowers preparing to buy with confidence.

Pre-approval readiness suits anyone who wants to know their likely borrowing limit and present a credible application before they start making offers.

First-time and next-home buyers

Understand your realistic price range early, so you search and negotiate within your means rather than guessing what a lender might allow.

Self-employed borrowers

Business owners, sole traders, contractors and company directors whose income takes more work to evidence and explain to a lender.

Buyers on a timeline

If an auction or a competitive market is on the horizon, being pre-approval ready means you are not scrambling for paperwork at the last minute.

Pre-approval is an indication from a lender of how much it may be willing to lend you, based on the information it assesses at the time. It is a planning tool, not a promise. The value of getting it right lies in the preparation — clean documents, income presented the way lenders read it, and a clear view of the conditions attached. That is where our work as both accountants and a finance and mortgage broking practice helps you stand on solid ground.

What we help with

Pre-approval readiness, end to end.

We focus on the practical work that gets you to a credible application — documents, income verification, borrowing limits and the conditions you should understand before you apply.

Document checklist

Right paperwork, gathered once

A tailored list of identification, income, expense, deposit and existing-debt documents, so you assemble the right paperwork once rather than chasing it piecemeal.

Income verification

Presented the lender’s way

We help present payslips and income statements for salaried applicants, and tax returns, financial statements and add-backs for self-employed applicants, in the format lenders expect.

Indicative limits

A realistic borrowing range

A realistic view of the borrowing range lenders may consider, based on your income, expenses, existing commitments and deposit — not an inflated figure that falls over at full assessment.

Understanding conditions

What still needs to happen

We explain that pre-approval is conditional and time-limited, and what still needs to happen — valuation, final checks and lender assessment — before unconditional approval is issued.

Accountant & broker coordination

One consistent story

Where we also handle your tax and financials, we line up consistent figures so your lending application and your lodged returns tell the same story.

Lender-fit guidance

Approaches that suit your file

Different lenders read self-employed and complex income differently. We help you understand which approaches tend to suit your circumstances before you commit to an application.

One roof

Why accounting and lending together matters here.

Pre-approval is where your tax position and your borrowing position meet — and where having both under one roof genuinely helps.

For self-employed borrowers, the single biggest hurdle at pre-approval is income verification. Lenders generally rely on your lodged tax returns and business financial statements, and they apply their own rules about which items can be added back. If your returns are out of date, inconsistent, or do not clearly support the income you are relying on, a lender’s assessment may fall short of what your business actually earns.

Because we prepare returns and financials for many of our clients, we can help make sure the numbers you rely on for lending are the same numbers you have lodged, and that add-backs are explained clearly. If you want a deeper view of how lenders treat business income, our guide to self-employed borrowing capacity is a good starting point, and our self-employed home loans service goes further into structuring an application. None of this guarantees an outcome — approval always depends on the lender’s assessment — but it gives you the best chance of being assessed fairly.

What to watch

Common pre-approval misunderstandings.

Pre-approval is widely misread. Knowing its limits up front protects you from over-committing before a lender has finished its assessment.

It is not unconditional approval

Pre-approval is conditional. The lender still needs to assess the specific property, obtain a satisfactory valuation and complete final checks before it will commit.

It has an expiry date

Pre-approvals are time-limited — often around 90 days. If it lapses while you are still searching, it may need to be refreshed with updated information.

Your circumstances must hold

New debt, a change in income or employment, or a reduced deposit between pre-approval and settlement can change a lender’s position.

Valuation can change everything

If a property values below the purchase price, the amount a lender will advance can fall, even when your pre-approval figure looked comfortable.

Lender policy can shift

Lending criteria and policy are not fixed. What a lender indicated at pre-approval may be assessed differently at the time of final approval.

Enquiries leave a footprint

Some pre-approvals create a credit enquiry. Applying widely can affect how lenders view you, so it pays to be deliberate rather than spread thin.

How it works

From first conversation to pre-approval.

A clear, managed path so you know what is happening at each step.

Discovery call

We talk through your goals, timeline and financial position to understand what pre-approval needs to achieve for you.

Document checklist

You receive a tailored list of identification, income, expense, deposit and existing-debt documents to gather.

Income verification

We help present your income — payslips and statements, or tax returns, financials and add-backs for the self-employed.

Borrowing assessment

We review your likely borrowing range and the conditions that may apply, so your expectations stay realistic.

Application and submission

We prepare and submit the pre-approval request to a suitable lender and manage the back-and-forth on your behalf.

Plan to final approval

With pre-approval in hand, we map what still needs to happen — property, valuation and final checks — for unconditional approval.

Common questions

Home loan pre-approval FAQs.

Straight answers to the questions borrowers ask most when getting ready for pre-approval.

No. Pre-approval indicates how much a lender may be willing to lend based on the information assessed at the time, but it is conditional and not a final commitment. Final or unconditional approval still depends on the lender’s assessment of the specific property, a satisfactory valuation, confirmation that your circumstances have not changed, and any further checks the lender requires. Pre-approval is a useful planning tool, not a promise. All applications remain subject to lender assessment, lending criteria and approval.

How we are paid

How we are paid: Eternity Mortgage Solutions typically receives commissions from the lender for loans arranged on your behalf. A full explanation of how we are paid, our lender panel and any potential conflicts of interest is provided in our Credit Guide and Credit Proposal Disclosure document, available on request before any loan application is submitted.

For more detail on the licensee, our credit representative status and how the arrangement works, see our Credit Guide. Pre-approval and any home loan remain subject to the lender’s assessment, lending criteria and approval — pre-approval does not guarantee final or unconditional approval.

Related

Where this fits in the bigger picture

Getting pre-approval ready usually connects to at least one other service. Each link enters the underlying service from the same practice.