Mortgages, Money and Me

How to complete your loan offer documents

We want you to go through your home loan process as quickly as possible, so before you start signing your contract here are a few things your lender is likely to check for. They may send your contracts back if:

  • your signature looks inconsistent
  • not all of the signature pages are signed
  • the date is not written next to all of your signatures
  • your witness is not someone that can witness your documents
  • you have tried to edit your contract

Carefully write your signature

Your identity is represented by your signature, so if your signature looks inconsistent this will raise red flags. The best thing to do is to take your time signing and ensure your signature looks the same. This is also relevant when discharging your loan so if your signature is likely to change then keep a record of your current signature for future reference.

Sign all of the pages required

You will have to sign a few times, so its best to go through your contract after you have finished to make sure you haven’t missed any spots.

Fill in the date every time

When a lender asks for your signature they will often ask for the date as well. A quick check means a more streamlined process.

Your witness

Your witness can’t be someone who is on your home loan application, so if you’ve applied with your spouse or sibling you can’t witness each other’s signatures. Your witness must be over the age of 18 and a resident of Australia. Make sure they write their name in full, no initials! Read the instuctions on your mortgage contract carefully, requirements in each State are different.

Don’t edit your contract

Contact us if anything does not look quite right on your contract. Lenders will reject edited contracts and we will need to start again! If you make a mistake with your signatures please don’t use correction fluid or ‘white-out’, just put a neat line through your error and your correction next to it.

It is important to review the Terms and Conditions that accompany your contract, and please feel free to contact us if you have any questions!