Yellow Brick Road Rosanna we believe that it’s always a good idea to get
a pre-approval first. This will tell you how much money you’ll be approved to
borrow, so when you start looking for a property you’ll have a budget in mind.
When you decide on your lender and start the application process
with your Yellow Brick
Road mortgage broker, you’ll be asked for paperwork and statements which
will be used to assess your ability to repay your home loan. We will then analyse your income and past credit
history, as well as your savings. So it’s a good idea to make sure you don’t have any
outstanding payments on any existing loans and make sure you’re on top
of your credit cards in preparation.
When it comes to what you’ll need to provide to us, the most common items
are proof of income, tax returns, a credit report, bank statements, loans
statements and 100 points of identification are all standard. Give yourself
plenty of time to get this together so the process doesn’t cost you any
necessary stress and if
your not sure what to bring make sure you call our Rosanna branch and we’ll
help you out. Once you’ve provided all the necessary paperwork and there
are no issues with the application, the approval process generally takes a few
business days to a week. It
really is as easy as that!