![]() What's the difference between a DiP and a mortgage offer?Ī DiP is an estimate of the amount we could lend to you based on what you’ve told us about your finances.We’ll then use this information, alongside other criteria, to help us decide how much we could formally offer. As part of a full mortgage application, we’ll assess your income and expenditure in more detail and will also carry out a full credit search. No, you can contact us to discuss a mortgage application, but applying for a DiP gives you a good idea of what you may be able to afford before you make a full application. Do I need to apply for a DiP before I apply for a mortgage?.No, you don’t – but it may help, as it shows vendors and estate agents that you’re serious about bidding for their property and that you may be in a financial position to purchase it. Do I need a DiP to make an offer on a property?.We complete a ‘soft’ search with the credit reference agency, Experian, to help us make our decision, which means that only you will be able to view this search on your credit file and it won’t affect your credit score or ability to borrow money in the future. It is not an official mortgage offer but is useful if you are house hunting. This is why it's better to use the upload facility on your portal.Ī Decision in Principle (DiP) gives you an idea of how much you may be able to borrow from us towards the purchase of a property. Your information is important to us, and email isn't secure. If you've already met with your Mortgage Consultant just call us on 08 and we'll take care of it for you.Ī. Just log onto your portal and withdraw your application from your Summary screen under 'Actions'. What if I want to cancel my application?Ī.ğor whatever reason, if you need to you can withdraw your application until you're due to meet your Mortgage Consultant. You'll then be able to reschedule or cancel from your Summary screen under 'Actions'. Can I reschedule or cancel my meeting after I've booked it?Ī. This will be the person first named on the Decision in Principle, who gave us their mobile and email. Only the person with access to the Danske Mortgage Portal. Don't worry if you're having problems uploading or finding a document. You can't book your meeting online until all documents have been uploaded. I don't have all the documents you've asked for. Still having trouble? Give us a call on 08. Check your file size is no bigger than 10MB, the file name is no longer than 24 characters including spaces and it's in the right format (.docx. What do I do if I can't upload my documents?Ī. png) of your document(s) as long as it's clear and we can read them. You can even upload a photo (.jpg/.jpeg or. What format do my documents need to be in?Ī. It also can't be password protected or encrypted.Ī. The maximum file size is 10 MB and the document's name can't be more than 24 characters, including spaces. Then when you're ready, go to the upload screen on your portal, click the upload button to search for your saved document and upload. Before you start, have your documents already saved on your phone or computer. Can you give me some helpful tips for uploading my documents?Ī. You'll need to have had your offer accepted and be 'sale agreed' before you go any further. Does my sale have to be agreed before I book my mortgage meeting?Ī. We'll run a full credit search when you meet with our mortgage consultant but we'll get your consent before we do this. We completed a 'soft' search, which didn't affect your credit score, before we gave you your DiP. Once you've uploaded your documents you'll be able to book your mortgage meeting.Ī. Your answers will affect the documents we ask you to send. Answer all questions as accurately as possible. Step 5 – You can now book your mortgage meeting.Step 4 – You'll need to upload these documents.Step 3 – Based on your answers we'll let you know what documents you need to provide.Step 2 – We'll ask you for a few more details about you and the property you're buying. ![]() If anything has changed you'll be able to edit your answers.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |