The Home Loan Process:

Step 2

Once you have worked through the range of Home Loans available and determine with your Mortgage Broker what the most suitable Home Loan is for you, you now need to go through the Home Loan Application Process

Loan Application Process

Once you have completed the Home Loan Application, Your Loan Application will be lodged with the lender within 24 hours of receipt of ALL required supporting documents when going through a Mortgage Broker.
Please note: this may vary depending on your Mortgage Broker

This includes the First Home Owners Grant (FHOG) application where applicable. Check with your Mortgage Broker for further details.
Please note: on some occasions the lender can not lodge the First Home Owners Grant (FHOG) application on your behalf.

Once lodged, your Mortgage Brokers will receive a confirmation receipt from the lender within 24 hours.

Time for this Step of the Process: 24 to 72 Hours

Look out for Next Weeks article on Home Loan Application Process –

Step 3: Home Loan Conditional Approval

Tags: First Home Buyers Process, First Home Buyers Tips, Home Loan Application Process, Home Loan Process, Mortgage Brokers, Mortgages

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Posted in First Home Buyers First Home Buyers Tips Home Loan Applications Home Loan Tips Home Loans Mortgages by First Home Buyer 1 Comment