Application to settlement

Step-by-step-process

Application received by AFG Home Loans.

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Email/fax confirming receipt of application.

Indicative approval with appropriate conditions to be satisfied.

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Email/fax indicative approval to referring broker.

Valuation received (if required) (turnaround time is dependent on valuer gaining access to property). Submitted for mortgage insurer approval.

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Formal loan approval.

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Email/fax formal approval to referring broker.

Solicitors instructed.

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Formal letter posted to client.

Referring broker’s documents distributed according to instructions.

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Borrower signs documents and returns to solicitor. Solicitor requires 48 hours notice prior to settlement.

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Email/fax settlement letter to referring broker. Letter posted to client.

AFG Home Loans Icon™ products are provided by Macquarie Bank Limited ABN 46 008 583 542 (MBL) Australian Credit Licence 237502 and promoted by AFG Home Loans Pty Ltd ABN 26 153 255 559 Australian Credit Licence 411913. The information in this document was prepared and issued by MBL.

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Being such a diverse company, AFG has a range of different divisions. Send through a quick enquiry and we'll be touch with you soon.

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