SEVEN STEPS TO DOING BUSINESS
SportzMortgage.com.au has a game plan that makes applying for a loan as easy as it has ever been. Our straightforward approach reduces the margin for error and allows us to provide you with a comprehensive report detailing all you need to know about taking out your loan. When you know what you want – we will take you through the following steps :

1. Complete and submit an online enquiry to us and we will begin the research for you
2. Make yourself available for a 15 – 30 minute phone conversation to discuss the findings
3. Arrange a convenient time to meet with a SportzMortgage Lending Associate (If you are unable to meet personally we can discuss all of the available options and next steps via telephone-conference)
4. Complete a loan application with assistance from a SportzMortgage Lending Associate
5. Your SportzMortgage Associate will submit the application and follow it get the result and will keep you informed every step of the way by phone and email
6. Upon formal approval from your chosen lender your Sportzmortgage lending associate will discuss everything that needs to be done and assist you every step of the way
7. Cross the T’s dot the I’s and get set for settlement

When settlement is completed and everything is done 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:

• photocopies of current bank account statements
• copy of most recent pay slips and or group certificate (PAYG)
• copy of last two years financials (Self Employed)
• proof of any share holdings and other assets
• details of any second income, bonuses, allowances or benefits
• pay slips or a letter from your employer outlining length of employment and salary

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