Get Consumer Mortgage Broker Request To Convert ... - Westpac

This guide will assist you in filling out the Consumer Mortgage Broker REQUEST TO CONVERT from AIP to full approval form for Westpac. The process is designed to be straightforward and user-friendly, providing step-by-step instructions to ensure you complete each section correctly.

Follow the steps to efficiently complete your application.

1. Click the ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your nominated branch for document sign-up. Provide the product details including the new loan amount, branch name/BSB number, product name, overall term, settlement date, and any applicable terms for interest only or fixed rate lock-in.
3. If this is a purchase application, be sure to attach a copy of the signed Contract of Sale along with any annexures and the solicitors’ name and contact details.
4. For construction loans, you must include a signed copy of the Builder's Contract or Tender and any relevant plans and specifications as well as quotes for additional work completed outside the contract.
5. If refinancing, provide updated refinance statements covering the last six months. Ensure that the documentation is no older than six weeks from today.
6. For mortgage insured loans, include updated savings statements confirming genuine savings of at least 5%, and that these statements are no older than one month.
7. If there have been significant changes in your financial situation since your original submission, complete the relevant section detailing these changes and how you plan to continue making payments.
8. Fill out the applicant details and provide monthly expenses for each applicant if changes have occurred. Include categories such as education expenses, childcare fees, and basic living expenses.
9. Finally, review all the filled out information for accuracy and completeness. Once satisfied, you can save your changes, download, print, or share the completed form as needed.

Take action now and ensure you complete your documents online for a smoother process.