Step by Step Guide to the Home Loan Application and Registration Process
STEP 1: HOME LOAN APPLICATION
After you have purchased your new home, either you or your estate agent will provide us with an OTP (Offer to Purchase).
STEP 2: INTERVIEW
One of our experienced consultants will conduct an interview with you to obtain all necessary information that the banks may require.
STEP 3: SUPPORTING DOCUMENTS
You will be asked to supply all the required supporting documents as requested by our consultant.
STEP 4: SUBMISSION
We will electronically submit your application to the relevant bank/s.
STEP 5: LETTER OF ACCEPTANCE (LOA)
The bank will issue a quotation detailing the interest rate, costs estimated instalment and other important information for your evaluation and signature.
STEP 6: CONVEYANCING
Once you have signed the LOA the bank will instruct an attorney to handle the bond registration process on their behalf, an appointment will be made with you to sign these registration documents.
STEP 7: LODGEMENT
Once documents have been signed by you, the Attorney will lodge the bond documents at the Deeds Office simultaneously with the documents of the Attorney handling the transfer of the property.
STEP 8: REGISTRATION
Registration will take place approximately 10 working days following date of lodgement