• Providing the necessary documents
• Working out how much you can afford to borrow
• Helping you find the home loan suitable for you
• Choosing a solicitor / conveyancer / financial planner
• Exchanging contracts
• Final approval
• Settlement
• Loan Process Timeframes

The Home Loan Process

Step 5: Exchanging contracts

Once you have decided on your property, and have your loan pre-approval, the formal exchange of contracts takes place.