| |
 |
|
|
| |
 |
| |
|
|
| |
|
|
| |
| Home Loan Application
Process - Total Process takes 4-8 weeks |
| |
| |
|
 |
|
| Appointment
with an Affordable Mortgage Solutions
Broker |
| We meet with you at a convenient
time and place (we come to you) to
understand your financial needs. We will
search through hundreds of home loan
products across a number of lenders and
find the one that suits you and is right
for you. We calculate your borrowing
power, work out repayments, work out any
money you can save on current loans and
any questions you may have. |
| This step
takes between 1-2 hours |
|
|
| |
|
Prepare the
Application |
| At this stage
we have already selected the right bank
and product for you and we will help you
prepare the application and guide you
through the complete process. |
| We will let you
know all the supporting documents needed
to lodge your application |
| This step
will take 1-2 days |
|
|
 |
|
|
|
| |
| |
|
 |
|
| Conditional
Approval from the Lender |
| Once the
application is lodged with the lender
they will review your application and
provide a conditional approval. What
this means is they have conditionally
approved your loan while they conduct a
valuation on the property and conduct a
credit check. We will stay in touch with
the lender throughout the process and
keep you informed. |
| This step
takes 3-5 days |
|
|
| |
| Unconditional
Approval |
| This process
means you have full approval from
the lender, it is formal acknowledgement
that your loan application has been
approved. |
| This
process takes 3-5 days |
|
|
 |
|
|
|
| |
| |
|
 |
|
| Loan Documents
Arrive |
| Once your loan
documents arrive we will organise a time
to meet with you and help you complete
the documents. |
| This
process takes 5-8 days |
|
|
| |
| Loan
Settlement |
| If you are
purchasing a home the lender and the
solicitor / conveyancer will liaise
directly to organise settlement
according to the date on the contract
sale. If you are re-financing the
lenders will liaise directly to organise
settlement. |
|
This process takes 5-15 days |
|
|
 |
|
|
|
| |
|
|
 |
COPYRIGHT © 2015 -
2016 - 2017 - 2018 - 2019 - 2020 - 2021All Rights Reserved
Affordable Mortgage
Solutions ABN 15 269 419 867
Cherie Luke is a
Credit Representative
(Credit Representative
Number 476658)
of (Vow Financial Pty
Ltd (Australian Credit License 390261)
 |
 |
|
|
|
 |
