Suite 26/117 Old Pittwater Road, Brookvale 2100
The Mortgage Process
Step-by-Step Home Loan Overview
Let’s talk business.
Sometimes the banks can play hardball. But I’ve got you covered! We’ll get your affairs in order together, and I’ll make them an offer they can’t refuse! Here’s a brief step-by-step overview of the home loan process to give you an idea:
Know the Score - Loan Pre-Approval
- An understanding of your financial status.
- Seeking loan pre-approval.
- The lender checks your income, debts, and credit score.
- Establishes your place in the housing market game.
The Offer - Loan Application
- You’ve got your pre-approval.
- Complete a loan application including financial details, employment history, and property interest.
- You’ll also need other documents like payslips and bank statements.
- The more convincing your application, the better.
Loan Assessment Time
- You’ve submitted your application.
- The lender will review your application, assess the risk, and decide on the offer.
- They’ll dig into your ability to repay.
The Sit-Down - Loan Approval
- Congratulations, you’ve made it!
- We’ll discuss the loan amount, interest rates, and other finer details.
- I’ll negotiate the best deal on your behalf.
Closing the Deal - Loan Settlement
- You and the property seller will agree on a settlement date.
- The lender will transfer the funds to buy your new dream home.
- I’ll go get the papers, get the papers.
- Ensure everything is in order.
Let’s get you one step closer to your dream home.
If you do what you’ve always done, you’ll get what you’ve always gotten.
It’s time to secure your home loan, and let’s hope no one ends up swimming with the fish along the way!
