Mortgage Made Easy 7 Steps Loan Approval Process
ONE
Finalise lenders & loan Product. Application Form signed & supporting documents received.
TWO
Once supporting documents are received, we finalise application and submit to lender.
THREE
Lender attends to credit and other queries and also commences assessing the application.
FOUR
Conditional Approval is given or additional information is requested.
FIVE
Additional information requested by Lender is supplied to lender. Property Valuation ordered if necessary.
SIX
Valuation received. If no Mortgage Insurance is required, lender issued Formal Approval Advice. Loan Offer & Mortgage Documents to follow.
SEVEN
If Mortgage Insurance is required, application is sent to Insurer for approval. Loan Offer & Mortgage to follow.
