- We provide you with all the information you need about Bank
Alfalah Home Finance. This can be through a face-to-face meeting
with our Relationship Officer, or over the telephone, or through
the mail / email.
- You complete an application form and pass it on to us,
together with the required documents give us basic information
about your income source & quantum and the amount you need, we
may give you an agreement in principle.
- Once you have decided on the amount you want and finalized
the property, you provide us the property documents.
- We make some inquiries about your financial circumstances.
- We carry out a valuation of the property and verification of
your income.
- Once we have carried out all the initial processing, we send
you our offer through a “Facility Advice Letter”.
- You sign the Facility Advice Letter and return it to us.
- Our Documentation Control Centre will get in touch with you
to complete Finance & Security documentation including legal
opinion on the title documents of the property and also the life
(Mortgage Protection Plan) & property insurances.
- You sign the Finance Agreement and Charge documents.
- Our legal advisor will accompany you to the Registrar’s
office on the appointed date with our cheque against the
financing for conveyance of the property and your home finance
begins.
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