At the first stage, we will acquire some of you to complete an application form and provide us with some supporting documents for your application. From the information you provided, our team will gain understanding what are you looking for with loan application and guide you through each step in the loan process.
Preliminary assessment is a very detailed process where we identify any possible problems from a lending point of view. We will calculate your borrowing capacity after we have receive your application and supporting documents, then we will determine the right product for you.
Credit assessment is the process of assessing your application from the lending point of view.
At this stage, you will receive either your conditional approval or formal approval confirming your approval. You will receive your mortgage document for you to sign to accept the loan. Once the mortgage document is signed, return it to us with any requirement they need to settle the loan.
Once we have received your mortgage document, we will call your solicitor/conveyor and let them know that the funds are available. Your solicitor/conveyor will arrange a time and date with us for settlement.