Brighten Home Loans will:
- make an initial assessment of the security suitability based on the information provided to determine that it falls within our concentration limits and credit policy.
- make an initial assessment of the serviceability of the application.
- respond to any specific policy questions/areas of concern.
- email the applicant a scenario assessment subject to:
- Credit checks (Australian credit bureau and local credit report from the applicants country of residence),
- Verification of employment and supporting documents and
- Valuation of security Brighten Home Loans
Due to the requirement for us to manage concentration risk, the indicative approval will be valid for one week and a full application, including credit card details for application fees to be taken, must be submitted within that time.
