How does this process work?
There are 4 steps.Step 2 Compare alternatives with our broker- from your preliminary assessment.Step 4 Finalize loan – Complete lenders formal documents.
- A more detailed process explanation is in our credit guide.
- Step 3 Choose a loan – receive your loan proposal, sign lenders application & provide further documents( if required).
- Can I pay with Bitcoins or another secure Crypto currency?
- Step 1 Apply -Complete our “application” & then a “smart fact find” & provide supporting documents .
What Are The Approximate Time Frames?*
Pre-approval 4-48 hours ( rapid per approval is 4 hours)Loan Documents 2-3 weeks from approval(Rapid refinance settles in 2 weeks from approval)*Please ensure the valuer has timely access for valuation as this can also slow down process. (All valuers are external to lenders and us)
- * Some times lenders have back logs which makes the time frames longer. We will endeavor to advise you if this is the case for the lender you choose
- Settlement 6 weeks from approval
- Approval 5-8 working days
What are the lenders fees and all the costs ?
We compare all the lenders fees in a preliminary assessment and then again for your specific lender in the loan proposal document
- The lender also tells you in their loan documents.
Do I pay more for using a broker?
In most cases you won’t pay more for using us as your broker,as most of our loans are broker fee FREE* – the bank pays us instead of their own loans departments.
- *We only might charge a fee if your loan is large and commercial or low doc. ( where you don’t provide financials) as these loans are very time consuming and we issue you a quote up front before you proceed.