Your Mortgage Offer

📤 Submitting Your Mortgage Application - lighting the fuse for your formal offer

✅ What this milestone means

Your broker has gathered all your documents and hit “Submit” on the lender’s portal.

The full mortgage application is now in underwriting. From here, the lender will commission a valuation, verify your income and deposit and, if everything checks out, produce a formal Mortgage Offer.

🔑 Why this stage matters for buyers

⏱️ Starts the valuation clock – lenders won’t instruct their surveyor until the full mortgage application is lodged, so the sooner you submit, the sooner you can exchange.

💸 Rate lock – most lenders freeze today’s interest rate when the application is received, protecting you from market hikes.

🔍 Spotlight on paperwork – any missing payslip or bank-statement quirk surfaces now, not later down the track.

🛠️ What’s happening behind the scenes

• Broker uploads your ID, payslips/SA302s, deposit proof and property details to the lender.

• Lender orders a valuation (desktop or physical) and passes your file to an underwriter.

• Open Moove stamps “Application Submitted,” visible to your Mooving Team so everyone can align timelines.

📌 Your action list right now

1. Stay reachable – respond to any lender or broker document requests within 24 hours.

2. Freeze big spending – avoid any new credit cards, car finance or hefty overdrafts until keys are in your hand.

3. Check valuation access – confirm the estate agent or seller can let the valuer in promptly.

⏭️ Coming up next

✔️ Valuation appointment booked (usually 3–5 working days)

✔️ Underwriter sign-off once valuation and paperwork match

✔️ Formal Mortgage Offer issued and sent to you by your lender = green light for exchange!

💡 Pro tip: If your broker can request a desktop or “automated valuation model” the lender may skip a physical inspection, shaving around a week off processing time.

Need help interpreting a lender query or tracking valuation status? Ping MeredithAI in your Moove Room - online 24 / 7 to keep your purchase powering forward.