Our job is to make the home loan process as simple and clearly understood as possible.
We can & will:
- Conduct an interview and filter loans from a wide range of lenders to find a loan to suite your needs;
- Detail the loan proposed to you ; and
- Assist with completing the application and request that you sign privacy documents.
There are 8 steps to settlement once your application has been lodged with the appropriate lender.
- Most lenders will assess the loan within one week & often within 24 – 48 hours
- An independent valuation is often required (particularly with re-finance). If a valuation is ordered, the valuer may need to contact you to arrange a suitable time to visit the property.
- We will contact you regarding any follow-up requirements and inform you when your loan is approved.
- A formal letter of offer will be sent to you by the lender, which you will need to sign and return to the bank promptly.
- Once the bank has received your acceptance, your mortgage documents will be prepared. These will usually be ready to sign within two weeks of loan approval, depending on the lender.
- Where we can, we will assist you in completing these documents and help in getting them back to the lender promptly.
- The selected lender or settlement agent will then arrange a settlement date.
- You will be advised once your loan has settled.
|
