Your mortgage journey with Afs
Applying for a mortgage can seem daunting. However, with a little preparation and understanding of the steps involved- and the guidance of your AFS Client Relationship Manager, you can navigate the process with confidence.
Step 1
When you talk to us for the first time, we'll discuss your specific needs and explore potential financing options. At this point, we can also offer you a prequalification. Whether you've already identified a property to purchase or not, feel free to reach out to us.
Step 2
Once you're prepared to formally begin, your CRM will walk you through each step of the application process. At this stage, you'll need to finish and submit all necessary applications and provide identity, income, employment, and verification documents.
Step 3
After our team assesses your application, we will provide a conditional loan offer via your CRM. This offer will outline your loan amount, interest rate, tenor, and repayment terms.
Step 4
At this stage, your CRM will coordinate the preparation and execution of all transfer documents, agreements, insurance and any other requirements of your mortgage. You'll also pay all fees, and settle on your repayment schedule.
Step 5
After finalising your mortgage, you’ll be required to file statutory declarations of ownership of the Property with the relevant authorities.