Meet Ivy and Ella, Adeline and Maeve.
The four ‘gal pals’ have been through more than most babies their age after being born several months early last year at Mater Mothers’ Hospital.
Despite a two-month age gap, both sets of identical twin girls have become besties after their moms, Kristen and Estelle, met by chance outside of the hospital.
“My girls were born 13 weeks early and two months before Estelle’s, and while we didn’t meet in the hospital, we share similar experiences of having premature twins,” Kristen said.
“Not everyone has been through a N.C.C.U (Nᴇᴏɴᴀᴛᴀʟ Cʀɪᴛɪᴄᴀʟ Cᴀʀᴇ Uɴɪᴛ) journey, so it’s nice for us moms to talk about what we have been through.”
“And even though the two sets of twins were in Mater Mothers’ N.C.C.U at different times, they have also somehow managed to form a special friendship.”
“All the girls have gone through so much after arriving so early, but they have come through the hardship all together and are great friends.”
Shining the spotlight on National Siblings Day (10 April), Estelle said she hoped the sisterhood among Maeve and Adeline and Ivy and Ella continued as they grew older.
“Kristen is a midwife, and I am a neonatal nurse, so we get the ᴍᴇᴅɪᴄᴀʟ sɪᴅᴇ of things,” she said.
“What’s really nice is to see all the girls achieving their milestones, and for me to have a friend who understands how having a baby so early can be a really emotional time.”
The Mater Mothers’ Hospital network is Australia’s largest ᴍᴀᴛᴇʀɴɪᴛʏ sᴇʀᴠɪᴄᴇ ᴘʀᴏᴠɪᴅᴇʀ, with more than 12,000 babies born every year across the state.
Are you in need of financial assistance but don't want to sell your property? A loan against property might be the ideal solution for you. This type of loan allows you to leverage the value of your property to secure a loan amount. In this article, we will provide you with a comprehensive guide on obtaining a loan against property. Follow these step-by-step instructions to make the process smooth and hassle-free.
Assessing Property Value
The first step in obtaining a loan against property is to assess the value of your property. You can hire a professional property evaluator or consult a real estate agent to determine its market worth. The lender will consider this valuation to calculate the loan amount they can offer you.
Once you have assessed your property's value, it's time to research different lenders who offer loans against property. Compare their interest rates, loan tenure, processing fees, and customer reviews. Choose a reputable lender that aligns with your requirements and offers favorable terms and conditions.
To apply for a loan against property, you need to gather the necessary documents. The typical documents include:
- Property ownership documents
- Identity proof
- Address proof
- Income proof
- Bank statements
- Tax returns
Ensure that you have all the required documents ready and organize them for easy access during the application process.
Now that you have chosen a lender and prepared the documents, it's time to submit the loan application. Fill out the application form provided by the lender, providing accurate information. Double-check the form to avoid any errors or discrepancies.
After submitting the application, the lender will initiate the property valuation process. They will send a representative to assess the property's condition, location, and market value. This valuation helps the lender determine the maximum loan amount they can offer you.
Loan Approval and Disbursement
Once the property valuation is complete and meets the lender's criteria, they will approve your loan application. The lender will communicate the approved loan amount, interest rate, and repayment terms. Upon agreement, the loan amount will be disbursed to your bank account.
Understanding the repayment terms is crucial before finalizing the loan agreement. The terms include the loan tenure, interest rate, and EMI (Equated Monthly Installment) amount. Ensure that you carefully review the repayment schedule and have a repayment plan in place.
Obtaining a loan against property can provide you with the financial flexibility you need without giving up ownership of your property. By following the step-by-step instructions outlined in this article, you can navigate through the process effectively. Remember to conduct thorough research, gather the necessary documents, choose a reliable lender, and understand the repayment terms.
FAQs1. Can I obtain a loan against any type of property?
Yes, you can obtain a loan against residential, commercial, or industrial properties.2. What happens if I default on the loan repayment?
Defaulting on loan repayment can lead to penalties, legal action, and the possibility of losing your property.3. Is the interest rate fixed or variable for a loan against property?
The interest rate can be either fixed or variable, depending on the terms agreed upon with the lender.4. Can I prepay the loan before the tenure ends?
Most lenders allow prepayment of the loan, but it may be subject to prepayment charges.5. How long does the loan approval process take?
The loan approval process can vary among lenders, but it typically takes a few days to a few weeks, depending on the documentation and property valuation process.
In conclusion, a loan against property is an excellent option for individuals in need of financial assistance. By following the step-by-step instructions provided in this article, you can secure a loan against your property efficiently. Remember to thoroughly assess your property value, research lenders, prepare the required documents, and understand the repayment terms. With careful planning and execution, you can leverage your property to fulfill your financial needs.