You can apply for a Pioneer home loan online through this website, which will generate a pre-filled application form for you to sign and send back with the required supporting documents, or you can call us on 13 13 91. Alternatively, you can see one of our accredited introducers, located throughout Australia and they can assist you with applying for a Pioneer home loan.

 

Once Pioneer has received your completed application form and the required supporting documents eg. Payslips, tax returns etc, Pioneer’s credit analysts will assess your application to see if we can provide the funds you are requesting and if all aspects of the loan are suitable to proceed. This will include ensuring you can afford the loan repayments, a credit check to confirm your credit history and to ensure the property securing the loan is in a suitable location.

 

Assuming that the assessment and all aspects of your loan application are ok, we will provide you, or your broker, with a conditional approval. This approval will advise you that based on the information you have provided to date, we approve your loan application subject to a number of conditions that must be met to obtain a formal (unconditional) approval. These conditions will include an acceptable valuation of the security property and mortgage insurance approval (if required), along with any other conditions that may be applicable. A conditional approval can also be requested if you are looking to purchase a property but want to know how much you can borrow before signing a sale contract.

 

Pioneer will arrange to have an accredited valuer value the property you wish to have as security for your home loan. This valuation will confirm that the property is a suitable property for mortgage purposes and the value of the property, which will determine the maximum amount you can borrow against the property. If your home loan will require mortgage insurance, we will need to obtain approval from the mortgage insurer before proceeding to formal approval.

 

If all of the previous steps have been successful and we have all of the required documentation from you, your loan will be unconditionally approved and we will issue a formal Letter of Approval. The loan details in this letter will be documented in the Loan Agreement. After issuing the letter, we will instruct our solicitors to prepare the necessary loan documentation to be forwarded to you, or your solicitor, for you to read and sign.

 

Once you have signed your loan documents and these have been returned to our solicitor, our solicitor will liaise with you, or your solicitor, to ensure the loan proceeds smoothly to settlement. On the day of settlement, we will disburse the funds as requested by you and we will send you a settlement pack welcoming you to Pioneer. We will also give you a courtesy call a couple of weeks after settlement to answer any queries you may have about your home loan and how best to manage your home loan. All enquiries after settlement will be managed by Pioneer Mortgage Services.