Loan Process

Ideal Financial Group Home Loans takes you through a 5 step process

Pre-approval

We can apply for finance and get a formal letter of pre-approval from the lender before you have found a property. This means your finance is ready to go when you do find the property of your dreams.

Full Application

When you have found the right property, we provide the details to the lender and organise the valuation.

Valuation & Processing

The lender will assess your application and may ask for further information. If your loan amount is over 80% then your application will be sent to the Lenders Mortgage Insurer (LMI) for final assessment.

Formal Approval

When your loan is fully approved, loan documents are provided by the lender and we can assist you to read the agreements, sign where required and return them promptly. Ideal Financial Group Home loans will work with you and your solicitor or conveyancer until the property settles.

Settlement

Our service doesn't stop when the property settles. We are here to look after you for as long as you require assistance. If you have any questions, want to make changes, need a review of your financial circumstances, we are just a phone call away.

Contact our team to get started.