| 1. |
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Introducer submits an application to M B G Home Loans. Turnaround times for indicative approvals by M B G Home Loans are generally within 5 working days due to underwriting requirements. |
| 2. |
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Once formal approval of the loan has been made by M B G Home Loans, a formal 'Letter of Approval' is issued to the Introducer. This Letter of Approval is required to be presented to the client for signing of acceptance and to satisfy any conditions. |
| 3. |
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Upon receipt of the signed Letter of Approval from the client, M B G Home Loans will issue loan and security documentation directly to the clients nominated Solicitor. |
| 4. |
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Upon return of the signed documentation, M B G Home Loans will arrange the drawdown of the loan. |
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Commission is paid, once the loan has been settled, to your nominated bank account.
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