Welcome to the Frequently Asked Questions (FAQ page). Below, we have tried to answer the most common questions visitors to this our Web site may have. If you find that your question is not answered on this page, please E-mail usinfo@malverninvestments.com.
Why should I apply directly to your company rather than a broker?
Simple - to save yourself fees!
When is a broker a good idea?
If you have a high risk profile that may mean rejection from a single company like ourselves then mortgage brokers can take your information and shop it around to many different lenders. Not sure if you should apply? Try it out and we’ll let you know if you should try a mortgage broker if this mortgage is not for us.
What documents and information do I need to apply?
First, start with our application (here). Other supporting documents such as income tax summaries or a home appraisal may be required. For now, fill out the application and we can let you know what other information we need.
How quickly can I get the funds once everything is approved?
Once you are approved we should be able to get funds to you as soon as a few days or as you require.
How long is the approval process?
Usually a week to review the application if we have the documentation we need.
I run a business and my income is up and down, will that affect my application?
Most of the lending decisions are based on the equity in your home so your income can be variable. If you run a business and report income from it, it still should be verifiable from other sources (income tax documents or similar).
What rate will I be offered?
Your rate will depend on your risk profile but we will do our best to offer a very competitive rate!
Why should I apply directly to your company rather than a broker?
Simple - to save yourself fees!
When is a broker a good idea?
If you have a high risk profile that may mean rejection from a single company like ourselves then mortgage brokers can take your information and shop it around to many different lenders. Not sure if you should apply? Try it out and we’ll let you know if you should try a mortgage broker if this mortgage is not for us.
What documents and information do I need to apply?
First, start with our application (here). Other supporting documents such as income tax summaries or a home appraisal may be required. For now, fill out the application and we can let you know what other information we need.
How quickly can I get the funds once everything is approved?
Once you are approved we should be able to get funds to you as soon as a few days or as you require.
How long is the approval process?
Usually a week to review the application if we have the documentation we need.
I run a business and my income is up and down, will that affect my application?
Most of the lending decisions are based on the equity in your home so your income can be variable. If you run a business and report income from it, it still should be verifiable from other sources (income tax documents or similar).
What rate will I be offered?
Your rate will depend on your risk profile but we will do our best to offer a very competitive rate!