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- Firstly, arrange to obtain a document checklist so together we will compile all the details that are required to prepare a loan application.
- Secondly, we will explain how we assist you in obtaining the best facility to suit your success, and how we will work with you to create significant wealth for the long term. We will support with the completion of the relevant paperwork & submit your loan for approval.
- Following the loan approval the lender will send you a Letter of Offer & mortgage documentation for signing & returning.
Make an appointment today to meet one of our experienced consultants & start the journey to significant wealth development.
There are 3 types of approvals when it comes to applying for a mortgage.
1. Pre-approval: usually comes with an amount that you can borrow based on your income serviceability and credit worthiness. Pre-approval is normally valid for up to 3 months only.
2. Conditional approval: lenders offer approval subject to conditions like verification of your income and property valuation. Borrowers MUST pay attention to conditions as conditional approval should not be treated as guaranteed finance.
3. Unconditional approval: after the lender is satisfied with your loan application, they normally issue an unconditional approval, which in most circumstances almost guarantees the loan.
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