Residential Loan
Getting approved for a residential loan is a process that is going to be unique for each individual based on their financial situation and status as a homeowner. Because of this, finding the right loan type and solution for you can be a lengthy and convoluted process, which is why MPI Financial is here to help. Whether you’re a first-time homebuyer looking to get the best deal on a standard residential home loan, or you currently own a property and are interested in pursuing a residential investment loan, MPI Financial can help you navigate the process, and get your home loan approved as fast as possible.
How MPI Financial Supports Homebuyers With Residential Home Loans
Our experienced and professional lending manager suggests the most suitable product for our clients based on their backgrounds and needs. We provide FREE services to you, regardless of whether you are a first-home buyer, property investor, or home constructor. You will get your loan granted in the shortest period from us, so call us at 0433 512 316, or email us at [email protected] to start the process.
- Step 1: Communicate with broker, elaborating your backgrounds and needs.
- Step 2: Confirming you borrowing capacity. Select the most suitable loan product and bank.
- Step 3: Documents collection. Submit to the bank and wait for conditional approval.
- Step 4: Information verification from bank.
- Step 5: Property valuation from bank. Evaluator reports to the bank.
- Step 6: Unconditional approval. Signing loan documents.
- Step 7: Confirming settlement between the bank and your solicitor. Effective home loan.
- Identity: Government ID (Passport, Photo ID, Driver License, Birth Certificate, Marriage Certificate or Medical Card)
- Salary: Salary slip, employment letter Self-employed: tax form, tax clearance certificate
- Rental income: Lease agreement or rental appraisal letter
- Asset: Bank deposit Liability: Loan account, Credit card, Personal loan, car loan, student loan
- Property: purchase contract, information of solicitor and property transfer information