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Nationwide Mortgage
Blonde29
Posts: 46 Forumite
Hi All,
Can someone advise on the below?
I am currently in the process of getting a Mortgage with my husband with Nationwide. The application Principle has been sent off and we have been asked to send documentation ie - last 3 mths bank statements, wage slips etc.
Does this mean that the Application/Mortgage principle has been approved as they have requested these documents and if so how long does it usually take to get an answer?
Can someone advise on the below?
I am currently in the process of getting a Mortgage with my husband with Nationwide. The application Principle has been sent off and we have been asked to send documentation ie - last 3 mths bank statements, wage slips etc.
Does this mean that the Application/Mortgage principle has been approved as they have requested these documents and if so how long does it usually take to get an answer?
0
Comments
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No, it probably means the DIP result was a "refer."
Docs like those are usually only required at full application.
If they are asking for these items before they will give you a decision, it's because there wasn't an accept at DIP.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Hi, thanks for the reply.
We are using a financial advisor and he requested for a list of requirements for the underwriters to review the application. He submitted the agreement in principle to Nationwide who advised that they will consider the application once they have the requested documents.
This makes sense then
The question is how long does it take until we can get an answer?0 -
Supply documents.
They are uploaded to case by broker.
Upto 48 hours to be checked and accepted.
Another day for a decision.
Our last referral took about four days, IIRC.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
Thats great thank you
They also requested that the Gifted Application was filled out and sent to them, however they didnt request this when they 1st asked for the other docs.
We have equity in our house that we will be putting down plus a gifted deposit.
This is why i asked the question whether they had accepted the DIP!0
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