Home Financing Agreements

Home financing can involve several documents and several participants, especially when a purchase is also under way. Lim Wong & Partners assists with home financing agreements. A discussion can focus on the proposed facility, the property involved and the paperwork that needs attention at the current stage.

Explain whether the matter concerns a new purchase or an existing property and provide the financing offer available to you. The key is to understand how the documents fit together: the property particulars, the borrowers and owners, the relevant security arrangements and any conditions stated by the financier. Questions should be raised while the paperwork is being considered.

Bring the complete offer and related correspondence, including attachments. Highlight any term you do not understand and explain any difference between the names or property particulars appearing in separate documents. If there is an ongoing purchase, share the sale agreement and the stage it has reached.

• The financing offer, proposed facility documents and bank correspondence currently available.
• Title copies or property details, sale documentation and information about existing financing.
• The parties’ particulars and your questions about document signing, conditions or the sequence of the transaction.

• ✓Existing DocumentsRelevant agreements, applications, notices and records concerning home financing agreements.
• ✓Supporting InformationCorrespondence, identification details and any documents referred to in your initial discussion.
• ✓Chronology and PrioritiesKey dates, steps already taken, outstanding concerns and the assistance you wish to discuss.