When borrowers are applying for a low rate home loan, they are frustrated by the tedious process involved. All Australian banks and online lenders need to follow stringent application procedures to uphold responsible lending practices. At Homestar we simplify the application process by detailing all the required documents here. Our team of Loan Specialists will keep you updated on the progress of your application and are available should you have queries along the way.
Here is a brief summary of how the application process works:
- Complete the home loan application form on our website
- A Loan Specialist will contact you and conduct the initial phone interview to understand your loan requirements
- Proceed to application and collection of supporting loan documentation
- Once received, your Loan Specialist will gain approval for your loan
- Solicitors will issue Loan Documents to you and attend to settlement
- Upon settlement you will receive a Welcome Letter and login in details to access your account
For any additional questions regarding the application process, please refer to our FAQ’s section.
Homestar Finance is proud to be offering some of the lowest home loan rates in the Australian market. We wish you the very best in your application for a Homestar loan!