Construction finance from application to settlement
Here’s how it works ↓
The Pre-Application Process
Know where you stand in 3 simple steps
Tell us all about you
Share your contact details with us and a little bit about you through our online enquiry form. The contents of this form are completely confidential and nothing will be listed on your credit file!
We call you within 24 hours
In this 15-minute call, we will delve a little deeper into your current situation and start putting the pieces together.
Get your home ownership game plan
We will create a personalised plan to get you into your own home, sooner rather than later.
The Loan Application Process
The step by step process from application through to settlement.
Documentation
We gather all necessary documentation from you and start to compile your application, making sure to look for any roadblocks we need to work around.
Compliance and Review
We dot all the i’s, cross all the t’s and ensure that the loan, rates and the lender meet your best interests and requirements.
Submission
We complete the application, triple check everything and submit it to the bank.
Pre-Approval
Once the application is assessed and pre-approved you can start looking for your new home.
Contracts
With pre-approval in hand, you can now make an offer and sign contracts on your dream property or piece of land.
Valuation
We order a valuation for the property to give you the peace of mind that you aren’t paying too much.
Formal Approval
Once the bank formally approves the loan, we prepare the mortgage documents for signing.
Settlement
Congratulations! Your dream of owning your own home has just become a reality
Annual Review
Every 12 months, our team reviews your loan and ensures you continue to get the best deal for the life of your loan
FAQs
-
Short answer: we don’t submit applications that we don’t think will get approved. We are in the business of saying YES, not NO or MAYBE.
If we believe your application will not get approved, we will tell you up front and put together a step by step plan to make it happen.
Yes Money is the only broker in the Northern Territory to have a 100% loan approval rate for our clients, so you can trust that we know what we are doing.
-
Many of our clients have a low or no deposit but desperately want to get off the rental roundabout. There are options even if you do not have a decent deposit ready yet. You can consider using a family member as a guarantor, using Super, or take advantage of the government schemes that allow deposits as low as 2%.
-
We hear this every other day. At Yes Money, we have made a business out of saying yes to more Territorians.
Thats why we:
Keep it real, if it isn’t going to happen, we will be straight with you
Assess your loan ourselves, to the same standard the bank will
Find the issues before the bank does, allowing us to get ahead of the problems
Create actual solutions to the problems that are holding you back
Working with us means you have a trusted partner from start to finish
-
Pre-approval isn’t required but is strongly recommended to make the application process smoother and simpler. Essentially, pre-approval means that a specific lender has approved you as a buyer, but not the property you wish to buy. Then, once you find your dream property or piece of land, you can put an offer in with confidence that the bank will lend you the money.
More importantly, most agents and sellers will not accept an offer unless you hold a pre-approval.
-
We don’t do personal finance. That includes cars, boats and trucks. The reason we don’t offer this service is because we specialise in construction and home loans. We want to serve our clients with intention and focus at all times. If you are looking for personal finance, we can point you in the right direction and to an amazing team who specialise in just that.
