The loan process for a non-resident borrower
- You need to get Foreign Investment Review Board permission before you can even make an offer on a property.
- Consider using a buyers agent to represent you - we can help.
- Select the loan product and lender of your choice - we can help
- Make sure you have all of your documentation ready - we can help
- Complete the loan application form - we can help or you can download our custom off-line application software and enter the data in your own time.
Of course there is a lot that can go wrong and some lenders are adept in misinterpreting verbal or even written instructions. That is where we really come in;
- we provide you with details in writing of lenders, rates and fees
- assist you with the forms and the documentation,
- then we check everything is correct before it is submitted,
- then we contact the credit assessors to ensure they understand your needs,
- then we monitor the progress (usually online) and intervene when necessary in order to correct an obstacle before it becomes a barrier.
Then we keep you informed through the entire process. All the way to loan settlement.