First Choice will be in touch with you through every step of the way. It begins when you arrange a meeting with one of our consultants and we hope it will be an ongoing relationship lasting past the settlement of your loan. We are here to help you and hope you will enjoy a smooth and simple lending process.

Step One – Documentation

Once you have arranged an appointment with us, we will call you to ensure you have the documentation required. Our document checklist can be useful at this stage.

Step Two – How Much Can You Afford To Borrow

Your First Choice consultant will assess your total borrowing capacity based on your current situation. However you can try our online calculator for a rough estimate by clicking here.

Step Three – Finding The Most Suitable Loan

First Choice consultants will look at your unique financial situation and your specific requirements and offer expert advice to you with the assistance of our specially designed computer software which enables them to compare hundreds of loans in a matter of minutes. We will also look at your future plans and structure your finance accordingly.

Once a loan is selected your First Choice consultant will assist with the completion of the application and submit this to the lender of your choice with your supporting documentation.

Step Four – The Approval Process

We keep you up to date with the progress of your application. After the application is submitted you can expect pre approval of your loan outlining the amount the lender will allow you to borrow and a valuation of the property is ordered.

Formal or final approval is made and the legal documents are prepared by the lender and sent to you or your solicitor. You will need to read these documents carefully and /or seek legal advice, prior to signing them.

Once signed, you or your solicitor returns these documents to the lender. If you have an existing loan the lender will order a discharge from the existing lender.

Settlement of your loan will then be arranged and the property is transferred into your ownership.

It may seem like a complicated process, however, we will be in constant contact with you throughout the time. If you would like to speak to a consultant just call us on 1800 111 455 or request an appointment.