Category Archives: Direct Lender Loans

What are the results after my home loan offer is given?

What are the results after my home loan offer is given?

Finishing your home loan

With home financing offer you’re almost home and dry from us in hand. See how to finish your home loan and choose the keys up.

Your property might be repossessed if you fail to maintain repayments on the mortgage.

You’re nearly there

We’ll deliver you an offer once we’ve completed processing your home loan application. The offer means we’re happy to lend you the quantity our mortgage adviser talked about with you at your visit. We’ll also have finished our final checks in your funds, such as for example confirming your earnings and owning a complete credit check, and valuing the home you intend to purchase.

Last window of opportunity for changes

We’ll deliver a duplicate associated with the offer to your solicitor or conveyancer, in order to both check the details. It is actually vital that you write to us if such a thing changed at this time, such as for example changes to

  • Your employment or income status
  • The purchase cost of the home

Accepting your home loan offer

Your conveyancer or solicitor enables you to understand if you have to do any such thing before signing and returning the mortgage offer to us. Continue reading What are the results after my home loan offer is given?