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Here
at Mortgages Direct Marbella we make your Mortgage application as
quick and straight forward as possible. Our qualified
consultants are able to guide you through the process and provide you
with an initial mortgage approval. This approval is subject to
an acceptable valuation on the property.
Please read through the following step-by-step guide to the
Mortgage process:
Step 1 - Contact us, via telephone, fax or email.
Step 2 - A mutually convenient time will be arranged to run
through your circumstances, using any of the afore-mentioned methods.
We
will: Establish your financial situation and calculate the level of
finance you can raise as a mortgage.
Inform you of the documentation required to submit your mortgage
application and the timescales involved.
Inform you of the mortgage lender’s
initial approval-in-principle.
Let
you know the details of the property valuation.
Update you regularly on the progress of your application.
Step 3 - Once the mortgage lender has formally accepted and
approved your mortgage, we will forward you a copy of your official
offer letter. This will confirm the terms and conditions of your
mortgage, including: the interest rate applicable to your loan, the
amount of funds being advanced to you, any opening commissions
chargeable and any redemption penalties.
Step 4 - Once an offer letter has been provided, it is over to the
lawyers to ensure that completion occurs as soon as possible.
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