Paperwork for Mortgage ApprovalDocuments for mortgage approval
Find out more about our job interview procedure
This is our 5-step guideline for applying for a mortgage on-line. If you are launching a new mortgage request, it is important to fully grasp the mortgage request procedure before you begin. Use our on-line recruitment guidelines to find out how it works and how we can help you on your way to purchasing a new home.
Use our credit manager to get an impression of the amount you can lend, and our redemption manager to get an indicator of what the estimated redemption amount of a mortgage could be. You can use the mortgage calculators to get an estimation of how much you can lend and how much your mortgage payments could be.
As soon as you have an understanding of the amount you can lend, you will need to obtain approval in principle (AIP). Please be advised that if you apply on-line, you will not be given any guidance on your jobseekers. Part of the lifecycle is a loan audit, so you can verify your loan record prior to the start of the AIP to ensure that your data is up to date and reflect your actual fiscal position.
This means that our endorsement division must continue to review your request and may need to ask you for further information. If I already have a basic permit, what happens? When you have already received a basic approval, this means that you can proceed with a full mortgage request.
Information you provided for your first request will be forwarded to the mortgage advisor so that you do not have to restart the procedure. If you continue with your full request, you will select a mortgage instrument, be asked for additional information about your appointment and the real estate to be pledged, and let us know the particulars of the attorney who will act on your behalf. Your request will be processed in accordance with the terms of the mortgage.
You should take a look at our key facts page before you start applying for a mortgage. You can apply for your full mortgage either on-line or by phone once you have received a AIP. They should be willing to prepay any charges related to your mortgage at this time.
Identify which document you may need to make available. If you are applying for a mortgage, we are responsible for verifying your identities in accordance with the rules on laundering and preventing fraud. Where we cannot check your identification using the digital identification system, you will need to submit evidence of your identification and whereabouts.
The real estate to be pledged is valued by us. Evaluations are subject to a charge (unless you have chosen one of our fee-based mortgage products) which must be made before the appraiser can inspect the real estate. You can find more information about the available surveys in our Homebuyer Checklist.
Once your request has been reviewed and the assessments and expert opinions (if any) have been made, we will send you your mortgage proposal. Before the appraiser can view the real estate, you must make a payment for the appraisal.