Low Doc Home Loans

Low Doc Home Loans and Home Loans Bad Credit Simple 3 step process for Australia wide applicants

The finance group offer complete service for the client from assessment to settlement of the loan. We notify the client via preferred methods ( Email, Phone, SMS) to keep them informed about progress of application. We take full responsibility to create a seamless communication between all parties to settle the loan on time. We also have lender assigned BDM ( business development managers) to escalate any urgent issue to make the process faster for the client.

Low doc home loans

Step 1:

Submit your financial information and supporting documents for a FREE assessment and obligation free quote. Your credit quote will be customized based on your specific situation. Your credit quote will give all possible details like lending fees, interest rate, maximum loan, valuation and other process that you can make an educated decision.

If we think you have potential risks to get your loan application declined we will explain the risks to minimize confusions.

home loans bad credit

Step 2:

Sign loan application and get your loan approved from the appropriate lender. Conditional approval of the loan will take approximate 2-5 working days depending on which lender and your specific situation.

Conditional approval issued to the client within above time frame if any further requirements do not raised by the lender. Client usually receives a formal approval within this time frame to proceed with the loan if the valuation of the property is done upfront. Upfront valuation is done at cost of client for most of the lenders in our panel where valuation of the property is critical for the loan.                           

Low doc home loans

Step3:

Sign up loan contract to settle the loan..
Lender's agent or solicitor issue loan documents to client's address usually after acceptance of formal approval by the client. It might take usually 1-2 working days if no settlement conditions are pending. If discharge of existing mortgage involved with the settlement, the final settlement date is confirmed in-between solicitors or settlement agents of two lenders. We usually notify the existing lender with signed discharge authority from as soon as we have formal approval to avoid any delay.