Time lines will vary from application to application, however we will always do our best to shorten these times.

1 to 2 Hours

1. Appointment:

We will talk with you to understand your Financial needs.

We will search through hundreds of home loans to find the one that’s right for you, calculate your borrowing power, work out repayments and answer any questions that you may have.

Days 1 to 2

2. Prepare Application:

Mortgage Brokers select a product, however a qualified Financial Planner as a Mortgage Broker best structures and selects the appropriate loan to your needs and objectives.

We’ll help you prepare the application and guide you through the process.

Support Documents:
*Last 2 Years Tax Returns *Identification *Rates *Last 3 Months Bank Statements *Last 6 Months Loan Statements *2 Pay Slips (If Applicable).

Days 3 to 5

3. Submit Application:

It is important all supporting documents for the application have been provided.

We will submit the application with the supplied supporting documents and provide the Lender our Notes, to best present your application.

The Lender will conduct a credit check and order valuations.

We will stay in touch with the lender, and respond to any questions they may have, while at all times keeping you informed.

In conjunction with the lender we are working towards achieving an Unconditional Approval for you.

Week 2
Days 5 to 7

4. Unconditional Approval:

Delays can occur at this point due to the Lenders work load and questions.

Once we receive formal notification from the Lender that your Loan has been Unconditional Approved, we will contact you.

This means, the Lender has unconditionally accepted your application.

1 Day

5. Review Your Plan:

Your loan is both a significant financial commitment and a building block to your financial future.

As a Certified Financial Planner we can review your loan structure, plus establish a plan to help you achieve the dream of Home ownership.

Week 3-4
Days 5 to 10

6. Loan Documents:

We will be in constant contact with the bank solicitors to ensure the documents are produced on time.

Once your loan documents arrive, we will organise a time to meet with you and help you complete the documents.

We will ensure the loan structure meets your needs.

Day of Settlement

7. Loan Settlement:

If you are purchasing a property, your solicitor/conveyancer will organise settlement directly with the lender, according to the settlement date on the contract of sale.

If you are refinancing your existing home loan, the lenders will liaise directly to exchange the documents.

Times Vary in Each Case

8. Follow Up / Review

My service does not end once your loan settles.

I will stay in touch to make sure your new loan is the right solution for your needs now and into the future plus I offer my assistance on any other financial matters you may wish to discuss.

* Business days above are a guide only and should not be relied upon if entering into a contract.

* Before signing a contract, meet with us beforehand to achieve the optimal result.


General Warning Advice:
The information contained in this website is for general information purposes only. The information is provided by BDM Mortgages and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Michael Lobodarz, Credit Representative (number 378667), Director of BDM Mortgages Pty Ltd ABN 74 614 141 650, Corporate Authorised Representative

(number 494711) of, Interactive Mortgage & Finance PL ABN 49 130 407 091, Australian Credit Licensee (number 391922)