HOME LOANS
Purchasing real estate is one of the biggest things you will do in your life. Its important to get it right. There can be fees, charges and duties that can cost you thousands.
Its an exciting time and one that’s important to have the right team working for you.
Whether you are buying your first home or building your portfolio we will work with you to ensure your loans are fit for purpose….
As if finding the perfect property wasn’t enough on top of getting all of your docs in order, negotiating the loan type, rate and option, working through the finance approved you will also need to determine your eligibility for the First Home Owners Grant, prepare and submit the documentation. Or you could give us a call and we will handle the whole process for you from go to approval. Think of us as your own project managers.
CONTACT US now so you can sit back, relax and enjoy this exciting time.
READ ON – This info may be of help…
How much do I need to save to purchase property?
The more cash you have saved the better!
Greater savings means greater options – remember we talked earlier about fees, charges, rates?
Call us now – We can run a quick calculation on your borrowing capacity.
(As a general rule, to avoid Lenders Mortgage Insurance (LMI), you would need at least 20% of the purchase price.) But we can talk you through this. Sometimes in a growth market LMI is worth paying if you don’t have quite enough saved.
Can I purchase a property without a deposit?
Yes, a Family guarantee loan may be an option if your family agree to using equity within their own property. It can be a great way to get a head start.
(As a general rule, to avoid Lenders Mortgage Insurance (LMI), you would need at least 20% of the purchase price.) But we can talk you through this. Sometimes in a growth market LMI is worth paying if you don’t have quite enough saved.
How do I work out how much I can borrow?
How much you can borrow depends on your income, your expenses and how much you have in savings. Lenders differ on borrowing capacity so call us and we will work on the calculations for you so you have a clear picture of what you can afford.
When do I make an offer on a property?
Before you put in an offer, you need to understand your borrowing capacity and ideally have a Pre-Approval in place. Its also a good idea of have a solicitor go over the contract and have a pest and building report in place. Then you can be comfortable in your offer, and sellers can see you’re a serious purchaser.
Why not just go directly to my bank?
Support and service.
We work with you to understand your needs now and into the future. We then work together to find a solution that best fits you regardless of the lender.
We will then project manage the entire process with the agent, lender and solicitor – All free of charge to you!
Now that’s service
What about the First Home Owner Grant (FHOG) Application?
We can handle this for you from eligibility and paperwork to submission.
I don’t have a solicitor yet
We work with a panel of solicitors and conveyancers daily.
We are happy to send you through their details or have one of them give you a call.
How do I know if a home loan is right for me?
We research all your options and will present a couple of options with the most competitive home loan that works for you. Rate is important but a fixed rate may be right for you now whereas you may want a little more flexibility in a couple of years to renovate or start a family. Yep we get to know you – that’s what its all about. Offset facilities can save you thousands and are a very easy add on to some loans.
We will ensure you get the right home loan for you, ensuring you don’t pay anymore than you need to.
We are here for you…
Your dreams are our priority!