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AIP v Full application
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pkg75
Posts: 7 Forumite
Hi there
I have an AIP and full application will be done tomorrow. What more do they check when they do the full application?
Thanks
P x
I have an AIP and full application will be done tomorrow. What more do they check when they do the full application?
Thanks
P x
0
Comments
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They check everything on your application fits criteria (although a lot of that is done during the application - ie if it does not fit, it will not let you proceed), they will check the documents provided match the application and then will also do some extra security checks behind the scenes.I am a Mortgage AdviserYou 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.0
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Hi....My application was referred to.underwriter at AIP and 2 days later was approved....does this mean offer just depends on valuation0
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No it doesn't.
Lenders do checks on various items at various stages.
A Lender can say they only need the valuation but still pick something up later in the process.
The process is complete when you have your formal mortgage offer.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, 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.0
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