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THE LOAN PROCESS - SETTLEMENT

  • Settlement is usually set for around 42 days from the date of the contract but can also be another negotiated date,

  • Settlement can only occur if all the documents such as the letter of offer, mortgage documents and sometimes FHOG has been approved,

  • At settlement all the parties' moneys due are settled,

  • Your solicitor should provide you with full details of the settlement,

  • We will inform you once we have obtained notice of successful settlement.

 

 

 

 

 

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