So, we’re waiting on word from the bank confirming our new mortgage. And it’s taking freaking ages, and driving us crazy.
Now, this particular mortgage is not that large, specifically because we’re putting down a fairly plump deposit. In fact, the largest deposit I’ve ever put down on any property, both in absolute terms and as a percentage of the total price.
Also, when obtaining previous mortgages, I’ve been paid less than I’m currently getting, I’ve had a truckload of credit card debt instead of my current almost-zero level of credit card debt. And these days I’ve got no student loans, no hire purchases, no car loan, etc.
And yet, previous mortgages have been like “Yep, looks fine.” [Rubber Stamp: Approved!] and this one has to go through credit analysis, etc, and is taking ages.
Westpac appear now to be MUCH more uptight about this than they used to be.