AY Financial Services

- ABOUT US -

Ann is a director of AY Financial Services. She has a background in business ownership and mortgage lending and is well-equipped to offer valuable insights and guidance to clients on their mortgage needs. She is dedicated to assisting her clients in achieving their financial goals and aspirations, and is committed to providing them with exceptional personalised service and care. Ann's passion for helping others shines through in her work, as she strives to deliver the best possible solutions and support to her clients, ensuring that they receive the utmost attention and assistance in their financial endeavours.

Ann holds a Master of Business Administration degree with a specialisation in finance, a Bachelor degree in Chemistry and a Cert IV in Finance and Mortgage Broking. She is a full member of the Mortgage and Finance Association of Australia.

At AY Financial Services, we offer a wide range of lending solutions to cater to the diverse needs of our clients. Whether you are a first-time homebuyer looking to purchase your dream home or an experienced investor seeking to expand your property portfolio, we have specialised residential and investment property loan options tailored to suit your requirements. In addition, we provide flexible financing options for purchasing cars and equipment, meeting personal financial needs, and supporting various business ventures. Our professional experienced team is dedicated to providing personalised assistance and guiding you through the loan application process, ensuring a smooth and seamless experience. With AY Financial Services, you can rely on our expertise and commitment to help you achieve your financial goals.

Home loan Process

Applying for a home loan can be a daunting and overwhelming process. We are here to provide you with guidance and support every step of the way, from start to finish, ensuring your home loan journey is smooth and stress free.

1. Initial Consultation

Our initial consultation with you is to get an understanding of your needs and goals. We will evaluate your financial situation and estimate your borrowing power to allow us to provide you with home loan options that align with your needs and objectives while we guide you through your decision.

The process of applying for a home typically involves the following steps:

2. Gathering Documentations

Once you have decided on your preferred lender and loan product, we will gather the necessary information and supporting documents together, such as personal ID, payslips or business and company financials, for us to commence with your loan application

3. Lodgement of your Loan application

On receiving all the necessary documents, your loan application will be prepared and submitted to the lender for assessment. We will keep you updated and informed on any subsequent correspondence from the lender.

4. Conditional Approval

If you have yet to find a property, your loan application will be conditionally approved by the lender at this stage. A 'conditional approval' or A 'home loan pre-approval' indicates that the lender has assessed your financial situation against its lending criteria and the size of the loan you have applied for. A formal approval will not be offered by the lender until the lender has identified and conducted a valuation on your nominated property.

5. Property Valuation

Once you have made an offer on your property, the lender will conduct a valuation on your purchase. Upon receiving a satisfactory valuation, together with any outstanding conditions being met, your loan application will be offered a formal approval or unconditional approval.

6. Issue of Loan Document

When your loan application has been unconditionally approved, the lender will send you the loan contract for you to review, sign and return to the lender for settlement to be arranged.

7. Settlement

Settlement is the final step of your home loan application process. Upon receiving your signed loan contract, the lender will certify the loan document and proceed with the advancement of the loan.

Let us know how we can help. Call us today!