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THE LOAN PROCESS - SETTLEMENT

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Settlement is usually set for around 42
days from the date of the contract but can also be another negotiated
date,
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Settlement can only occur if all the
documents such as the letter of offer, mortgage documents and sometimes
FHOG has been approved,
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At settlement all the parties' moneys due
are settled,
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Your solicitor should provide you with full
details of the settlement,
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We will inform you once we have obtained
notice of successful settlement.
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