Banks require certain information in order to assess a loan applications.
Core information is:
- Signed loan application which will contain name, address, contact details, occupation details, marital status and nationality/residency status
- Statement of financial position/income and expenditure declarations
- Evidence of incomes
- Copies of main transactional statements
- Proof of deposit/savings history
- Copy of signed sale and purchase agreement
- Copy of trust deed if trust to be borrower and/or mortgagor
- Copy of gift certificate if applicable