What do you have to do to apply for a home loan?
Step 1 - So how do you begin the application process?
The different stages of the home loan process include: an application, verification, valuation, approval and settlement.
Simply get in touch with a Mortgage Choice Broker by completing home loan enquiry form online or calling 13 77 62
Step 2 - Look at financial and lifestyle goals Your broker will meet with you and will take the time to understand your goals and circumstances, then search through hundreds of loans from our wide choice of lenders to find the one that’s right for you. They will then guide you through the process.
Stage 3 - Verification & Conditional Approval, Your Broker will apply for Conditional Approval from your chosen lender, while the lender organises a property valuation.
Step 4: Valuation & Approval . Once the valuation is completed and all is good, you will get Unconditional Approval for your home loan. That means you’ll receive an approval letter, the loan contract and mortgage documents to review, sign and return to the lender.
Step 5 – Settlement stage If you’re purchasing a property, your solicitor will organise settlement directly with the lender.
And you’re done!. We will ensure you have all documentation you need and it’s time to move into your new home. So why not contact your local Mortgage Choice broker today to discuss your financial goals.
Get the right home loan advice at no cost to you. Talk to your local Mortgage Choice broker today.