Home laon query

Any general questions you might have in regards to loans and finance.
mancity
Posts: 3
Joined: Tue Feb 23, 2010 12:35 pm

Home laon query

Postby mancity » Tue Feb 23, 2010 12:44 pm

Once you apply for a home loan & its conditionally approved however you forget to supply current credit cards which have been up to date no money owing on them.
Your Credit checks are good no defaults etc. does that affect your application or do they ask you about them?

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Otto Dargan
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Re: Home laon query

Postby Otto Dargan » Tue Feb 23, 2010 1:37 pm

It depends! The bank may ask for statements later on or may later approve the loan with the condition that statements be provided. As a general rule ANZ, WBC & SGB do not often ask for statements for a purchase. CBA & NAB tend to ask for statements in some circumstances. Other lenders tend not to ask for statements.

I would discuss this with your bank manager or mortgage broker for more clarification.
Otto Dargan
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P | 1300 889 743
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mancity
Posts: 3
Joined: Tue Feb 23, 2010 12:35 pm

Re: Home laon query

Postby mancity » Tue Feb 23, 2010 1:54 pm

Thanks


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