What are the steps in the mortgage process?

Step 1 – Start the application

Apply through PRYPCO by sharing your basic personal and financial details, either with a Mortgage Advisor or via InstaMortgage.

Step 2 – Pre-approval

The bank reviews your profile and issues a pre-approval confirming your borrowing limit.

Step 3 – Property selection

Choose a property within your approved budget.

Step 4 – Property valuation

The bank arranges a valuation through an approved third-party valuer.

Step 5 – Final Offer Letter (FOL)

The bank issues the final mortgage offer with confirmed terms.

Step 6 – Disbursement

The bank releases the mortgage funds.

Step 7 – Property transfer

The property transfer is completed and the title deed is issued.

PRYPCO coordinates the process and keeps you updated at each stage.