Frequently Asked Questions About Bond Origination

FAQ About Bond Origination

Which banks do you apply to?
We apply to all the major banks. If you are already a client of one of these banks we will apply to that particular bank first, based on your application requirements.

Will I be able to directly compare the different packages offered?
Yes. Your consultant will explain the different packages the banks are will to offer you.

How long does it take before the mortgage bond is approved?
The banks will usually take about 72 hours to produce an Approval In Principal, which is subject to a favorable valuation of the property.

What information do you need?
We need your personal and financial information, as well as bank details. These documents are needed to help the banks assess your application favorably.

How can I determine the status of my application?
Your consultant will you keep update throughout the process, via email and/or telephone.

Will I get documented proof of my approved home loan?
Yes. Your consultant will forward the approval documentation, which needs to be signed and accepted.

How secure is my information?
We are committed to the Code of Banking Practice which specifies that we ensure that your personal information is protected.

Do you sell my information to any other organization?
No. The Code of Banking Practice prevents us from selling any information without your consent.

Do you guarantee to get me a loan?
We have established strong relationships with the participating banks, but all lending by the banks is subject to your ability to afford the loan and willingness to repay.

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