In order to lend responsibly, we need to assess your financial situation. This means you’ll need to provide identification, proof of income, information on expenses and assets, and details of any existing liabilities. Gather all the necessary documents beforehand to make the process smoother.
With pre-approval and a good idea of your borrowing power, you can focus on finding the right property that meets your needs and budget. Consider doing a building and pest inspection before making an offer.
Once your offer on a property has been accepted, you can move towards full approval on your home loan application. Lender will assess the property for valuation and may ask for additional documents or information. If approved, Lender will send you a Letter of formal approval and your loan documents.
different lender offers several convenient options for making your repayments, including adding your home loan to Internet Banking or the mobile App. Check your first home loan repayment amount deducted correctly. And check in every year to make sure you’re getting the most out of your home loan.