What’s the process
Consultation
A consultation with your Home Loan Superstore lending consultant generally takes about an hour. We listen to all your requirements, review your current situation and then begin researching and constructing the best home loan for you.
Choosing the right loan
We’ll research and show you your full range of loan options and help your evaluate which suits your current and future needs the best.
We can guide you through the process, always recognising that it is Your loan, your terms with our help.
Applying for your loan
We’ll help you fill in your application and ensure that you have all the correct supporting documents. In most instances, we’ll submit your application online which means you’ll get your loan approval faster.
Approval
We’ll follow up the lender to ensure that you always are up to date with your loan application.
The lender will initially advise that you have Conditional loan approval which means that your application has satisfied all their requirements.
Once the lender has received a satisfactory valuation of the property your loan will be unconditional and you are on your way to owning your new home.
How long does it take
| Day |
Activity |
| Day 1 |
Loan application completed and sent with all supporting documents. |
| Day 3 – 5 |
Conditional loan approval received |
| Day 5 – 10 |
Valuation conducted |
| Day 10 -14 |
Unconditional loan approval |
| Day 21 – 28 |
Loan contracts will be prepared by the lender |
| Day 27 -29 |
Check with your conveyancer as to where they need the extra funds required to complete the transaction to be deposited |
| Day 30 |
Settlement |