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THE APPLICATION PROCESS

DOING BUSINESS IS SIMPLE
SportzMortgage.com.au has a game plan that makes applying for a loan easy. Our straightforward approach reduces margin for error and allows us to provide you with a comprehensive report detailing all you need to know about taking out your loan.

  1. Complete and submit an online enquiry to us and we will begin the research for you

  2. Complete a loan application with assistance from a SportzMortgage Lending Associate

  3. Your SportzMortgage Associate will help you choose the loan that best suits you and will keep you informed every step of the way by phone and email

When settlement is completed and everything is done it is time to pop the cork and celebrate!

When applying for a loan, there are some basic and fundamental steps that need to be completed. Whilst it looks like a lot of things to do, a SportzMortgage Lending Associate can and will help to make the process as simple and easy as possible.
One thing we can tell you is that irrespective of where you choose to do business, you will be required to answer a number of questions. These questions help a potential lender to assess your borrowing capacity and your ability to repay the loan. The following documents will assist the lender in their considerations:

  • 100 point personal identification
  • Photocopies of current bank account statements
  • Copy of most recent pay slips and group certificate  (PAYG) OR a letter from your employer outlining length of employment and salary
  • Copy of last two years financials (Self Employed)
  • Proof of any share holdings and savings history
  • Details of any second income, bonuses, allowances or benefits

If self-employed:

  • tax agent income statements and income tax returns, and
  • profit and loss statements certified by a registered accountant

If your are selling a home in the process:

  • copies of exchanged contracts, or
  • solicitor's letter confirming a firm buyer

If paying out an existing mortgage and starting a new home loan:

  • a statement from the present lender stating the amount owing and proof of past repayments, and
  • photocopy of the front page of the contract of sale, if you have already decided on a property.

TO ENQUIRE CLICK HERE

This fact sheet provides general information only and is subject to change.
Full details of the loan are set out in the loan agreement.
Conditions, fees & charges apply.

MfaaMember of the Mortgage & Finance Association of Australia