timeframes after signing loan

Discussion in 'The Buying & Selling Process' started by CraigJ23, 16th Jul, 2021.

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  1. CraigJ23

    CraigJ23 Well-Known Member

    Joined:
    28th Jun, 2021
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    Location:
    NSW
    Yesterday I (digitally) signed and returned the loan documents.

    What is the lender going to check at this stage? Will they just simply check to see that I have properly executed the documents?

    How long is it usually until they allow me to book a settlement date?
     
    CraigJ23, 16th Jul, 2021
    #1
  2. Rolf Latham

    Rolf Latham Inciteful (sic) Staff Member Business Plus Member

    Joined:
    14th Jun, 2015
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    Location:
    Gold Coast (Australia Wide)
    3 days to 20 days for some lenders

    They will check the docs, make sure you have provided the right insurance, sometimes do a final title search

    Are you self conveyancing ?

    ta
    rolf
     
    Rolf Latham, 17th Jul, 2021
    #2
  3. CraigJ23

    CraigJ23 Well-Known Member

    Joined:
    28th Jun, 2021
    Posts:
    101
    Location:
    NSW
    No, not self-conveyancing.

    I'm not going to be relaxed until the loan docs are signed by the lender, but I'm not if I'll get notified of this, or whether I'll just get an offer to book settlement at some point?
     
    CraigJ23, 19th Jul, 2021
    #3