Home loan Process and Investor Resources

1. Meeting with Shape Home loan consultant: Our consultant will do a detail finance check on how much you can borrow, which features you may require for your situations: (1 day). Online or face to face.

2. Negotiate with possible lenders: We will negotiate and talk to suitable lenders; (1-2 days)

3.Supporting Documentation: We will collect supporting documentation on your finance, liability and asset so that we can apply for the loan or pre-approval.

4. Conditional Approval Phrase 1: Lender will do credit check and issue “conditional” approval, we will contact you with the confirmation, so you can shop around for your property (1-2 days)

Shop for your property and final approval

5. Valuation: A shape home loan consultant will instruct the bank to go ahead with the valuation once the sale contract is signed, a private valuation or a pre-valuation can be done prior to signing the contract but we will advise if required for your situation; depending on the property and price. (1-2 days)

Note: Free Upfront Valuation is possible for refinance deals to avoid unnecessary credit hits.

6.Valuation confirmed: We will advise you once the valuation is back and depending on the bank we may be able to give you a copy of the valuation report as well (Depending on the bank).

7. Bank may request for further documentation or information :Banks will do one last check and may ask for further information.

8. Loan approved