| Call Resident Today 1300 739 585 | home | site map | help | faq | privacy | contact us | my account |
How long will it take to organise my home /investment loan?
Provided all supporting evidence has been provided correctly – conditional approval can usually be obtained within 24 – 48 hours. The usual timeframe for refinance loans are 4-6 weeks (this depends heavily on our settlement agents being able to book a settlement date with your current lender). New purchase dates are determined by the Contract of Sale and are usually 30, 60 or 90 day settlements.
Find out more about our Loan Process.
What supporting information do you require for approval?
Resident home loans is committed to making your application as easy as possible. A checklist is readily available once you request an Application Form. Supporting documents differ slightly depending on which Resident Home Loan you take out.
What loan purposes are excluded?
Resident home loans are unable to fund loans to:
 |
Repay tax related debt |
|
Refinance a loan that is currently in arrears |
|
For working capital or payment of personal or business tax liabilities, that are not arm’s length transactions |
|
Repay Director’s loans |
Do you offer constructions loans?
Yes we are able to offer our standard loan product for constructions loans
* however additional fees and charges may apply
Can I have multiple split facilities?
Yes our standard loan product has the ability to be split 4 ways with separate statements issued for each split.
What is the process once the loan is approved.
| 1. | Submit application |
| 2. | Conditional approval |
| 3. | Valuation |
| 4. | Formal approval |
| 5. | Loan documents |
| 6. | Settlement |
| 7. | Post settlement |
|
Loan Maintenance – Post Settlement FAQ |
 |
| To begin applying for a Resident loan all you need to do is request an Application Form |
 |
| Read what our clients are saying about Resident and our service |
© Copyright Resident Home Loans 2006