Obtaining a mortgage can be time-consuming and a little baffling. But not with FundU. We make the process as simple and hassle-free as possible.
First comes the no-obligation discussion. We take the time to listen to your needs and current circumstances, then start searching the various lending options open to you – across the entire market.
Together, we will discuss various ideas and options and agree what would work best for you, your family and your long-term future. We ensure you understand and are entirely happy with the chosen product.
Paperwork – made easy
Next comes the paperwork. But don’t worry – we will go through all this with you and help as much as we can, ensuring this stage is completed as quickly and easily as possible.
Once we have all the application paperwork and supporting documents – such as ID and proof of income – we will submit the application to the lender for processing.
Swift application processing
We will be in constant communication with the lender – helping to ensure your application is dealt with as quickly and efficiently as possible.
Keeping you informed
We’ll keep you updated on the progress every step of the way.
Providing further information
The lender may make further information or documentation requests, which we will feedback to you swiftly. They are likely to request a property valuation, which we will also help to organise if necessary. Once undertaken, we will follow-up the report to be actioned by the lender.
Receiving your mortgage offer
When the lender has everything they need, they will sign off the application and send you the agreed mortgage offer. This is when the solicitors/conveyancers come in. They will carry out various searches and checks on the property and land title, then report to you and the lender. Once everything has been completed and verified, the solicitors will arrange the exchange date with you (if this is a purchase), together with the completion dates.
Although every mortgage and every customer is different, lenders will nearly always follow this set process.