The Documentation provided by you is reviewed by the Mortgage Advisor. If any clarifications are required, they are sought from the Client. This is very crucial to avoid any subsequent delays at the bank's end. As each Client profile is different, the best possible product parameters are explored, pricing is advised, and the choices are discussed for shortlisting the ideal bank or financial institution

After the review, you will sign the preferred banks application form and upon your confirmation, the documentation provided is forwarded to the bank

Bank issues the Pre-Approval which will include the amount (Loan Value) and Loan Tenure that you are eligible from the bank. This has a validity of 60 to 90 days (Varies across banks)

Before signing the property purchase MOU, we request you share the MOU draft with us to ensure you are adequately protected in reference to your mortgage finance commitments to the property seller. We also recommend that you should obtain the copies of property title deed, Sale Purchase Agreement, floor plan, tenancy contracts, etc. at this stage.

All Property related documents are submitted to bank along with the Valuation fees cheque. A bank appointed valuator then visits the chosen property and submits the report to Bank. Upon receiving the report, bank issues the Final Offer Letter.

The final approval is reviewed jointly by Mortgage Advisor and You before accepting the offer and signing the bank documentations.

The Client is advised of the medical test requirements, if any, for life insurance cover. Mortgage Account is also opened at this stage.

After ensuring that all the documents are in order, the bank requests for the Developer NOC.

The bank initiates settlement of the Seller's Loan in case the seller has any mortgage outstanding. In case the property is self-financed by the Seller, the transfer of the property is scheduled by the bank at the Land Department Trustee Office.

After Land Department transfer, the funds are released by bank to the seller.