Bank Alfalah Limited - House Finance

Bank Alfalah Limited

• 10 Steps for Home Finance
  
  
  1. We provide you with all the information you need about Bank Alfalah Home Finance. This can be through a face-to-face meeting with our Relationship Officer, or over the telephone, or through the post 
• 2. You give us some basic information about your income and the amount you need so that we can give you an agreement in principle. 
• 3. Once you have decided on the amount you want, you complete an application form and pass it on to us, together with the required documents.  
• 4. We make some inquiries about your financial circumstances. 
• 5. We carryout a valuation of the property and verification of your income. 
• 6. Once we have carried out all the initial processing, we send you our offer through a “Facility Advice Letter”. 
  7. You sign the Facility Advice Letter and return it to us. 
• 8. Our Documentation Control Centre will get in touch with you to complete Finance & Security documentation including legal opinion on the title documents of the property and also the insurances.
• 9. You sign the Finance Agreement and Charge documents. 
• 10. Our legal advisor will accompany you to the Registrar’s office on the appointed date with our cheque against the financing for conveyance of the property and your home finance begins.