Bankwest broker valuation
The assessment will involve collection and verification of financial information to determine the appropriate loan amount and the loan costs associated with entering a credit contract. This will ensure that your circumstances will be assessed appropriately and that the options suggested will not place you in financial hardship. Once completed, this Preliminary Credit Assessment is only valid for 90 days. A copy of the Preliminary Credit Assessment will be available to you, on request - this will be available up to 7 years after we provide you with credit assistance.
Prior to the Preliminary Credit Assessment being conducted, we may provide you with Product summaries that highlight various key features and benefits of the product.
We may also provide you with Product Comparison documents that allow you to compare the features and benefits of each product and assess the suitability to your requirements. We may pay fees to call centre companies, real estate agents, accountants, or lawyers and others for referring you to us. These referral fees are generally small amounts in accordance with usual business practice. These fees are not payable by you. On request you can obtain a reasonable estimate of the amount of the fee and how it is worked out.
Your broker is authorised to engage in credit activities by Australian Finance Group Ltd. The licensee shares responsibility in the conduct of your broker. Through our membership with AFG Ltd, we may be eligible to receive additional bonuses directly or indirectly from specific lenders as disclosed in the previous table. If we recommend an AFG Home Loan to you which subsequently settles, it will contribute to meeting our eligibility to receive a reward or benefit.
We go to great lengths to ensure satisfaction with our services and offerings. However, there may be instances from time to time, where applicants may be dissatisfied with the outcomes of our consultation process. If you have a complaint about the service that we provide, the following steps or avenues for resolution are available to you.
Most complaints arise from miscommunication and can usually be fixed quickly. So, please contact your mortgage consultant first and tell them about your concerns.
If the issue is not satisfactorily resolved within 5 working days by talking with your mortgage consultant, we will apply our internal complaints process to manage your complaint appropriately.
You may also contact the Complaints Officer directly. In some instances your broker may also be fulfilling the role of the Complaints Officer. This will not affect the capacity to have your complaint dealt with appropriately. By using our internal complaints process we hope to assist you to resolve your complaint quickly and fairly. The maximum timeframe in which to provide a written response to you is 45 days, although in pursuit of best practice and the reputation of our organisation, we aim to resolve these issues in a much shorter time frame.
This is then managed externally and independently. This external dispute resolution EDR process is available to you, at no cost.
Two EDR schemes may be listed below. Credit and Investments Ombudsman Phone: You should always rely on your own enquiries.
It is important you understand your legal obligations under the loan, and the financial consequences. If you have any doubts, you should obtain independent legal and financial advice before you enter any loan contract. This Credit Guide has been generated by: Suitability of Loans to your Financial Objectives By law, before entering into a specific credit contract, we are obliged to conduct a Preliminary Credit Assessment to determine what kind of loans would be suitable for you. The law requires us to: Once you have chosen a loan that is suitable for you, we will help you obtain an approval.
Commonly used lenders The list below documents the 6 most commonly used Lenders by the licensee. This does not necessarily reflect all the financial institutions that the licensee is able to conduct business through. Warner will be featured as a speaker at the Bay Area Owners Forum. One of just 10 banks nationwide authorized to issue paper currency backed by gold reserves, the San Jose bank helped people build homes, finance farms, and grow their businesses.
Over the years, we grew bigger and reached beyond our hometown roots. Customers entrusted us with their money, we continued to provide great service, protect deposits and lend prudently to the growing communities we served. In , we changed our name to Bank of the West. The change reflected our desire to grow and provide our style of relationship banking beyond the Bay Area.
Today, we have branch and commercial banking offices across the West Coast, the Southwest, the Midwest, and the Rocky Mountain states. Since , we have been affiliated with BNP Paribas, a leading bank in Europe with an international reach. Today, Bank of the West operates more than retail, wealth, commercial and business banking offices in 23 states.
Invested in Bay Area Owner Readiness: