Finance Approval

Loan Process

  • We provide at least three appropriate lenders loan products to match your particular requirements and you choose which one suits you best.
  • Depending on the lender you choose, we can generally get your loan approval within 1-3 business days
  • It's a good idea to get your finance pre-approved before you buy a property. This provides peace of mind knowing you are good to go before paying deposit.

Approval Process Map

  • First meeting to discuss customer financial goals and objectives.
  • Assessment of borrower financial position and provide recommendations suitable to borrower circumstances
  • Customer decides which option they prefer and signs disclosure documents to enable loan application
  • Loan application submitted to lender for credit assessment and approval e.g. refinance and/or purchase - includes pre-approval
  • Lender provides approval letter - which includes any pre-settlement conditions the borrower must satisfy prior to settlement
  • Lender or the solicitor representing the lender generates loan documents and sends to borrower(s) [and guarantor(s) if applicable]
  • Borrower signs loan documents e.g. via DocuSign and lender solicitor certifies executed loan documents prior to booking settlement
  • Post-settlement - we check your loan set up is correct and assist you with any additional requirements

Get in touch with AG Home Loans today and optimise your property finance!