The key to a smooth approval process is preparation - so it's important to
give some prior thought to your individual circumstances, such as:
It's now time to discuss your home loan requirements and
objectives with a Home Loan Specialist
This step is an opportunity to discuss:
This is where you, together with your Home Loan Specialist, complete, sign and date the home loan application form and submit all necessary supporting documents for approval.
Once we receive your application and all required documentation, we will verify the information provided (to ensure it meets our credit policy and requirements) and undertake a credit check if it's required. We will also confirm any conditions on the loan, and, if necessary, undertake a valuation on the property and conduct any title searches.
Your Home Loan Specialist will advise of any additional information required. When formally approved, you will receive a call from your MortgageBiz Home Loan Specialist.
This is when the home loan contract is issued. We recommend that you check all your home loan documentation thoroughly, before signing, dating, and returning it to us. Check that everything is signed correctly.
Once all our requirements are met, the loan funds will become available to you. You or your solicitor will need to make arrangements for any settlement with the lender. MortgageBiz will be assisting you all thru the process.