How can I compare my home loan options?

Finding the perfect loan can feel like a maze. That's why almost half of Australians use a mortgage broker to do the hard work for them. There are literally thousands of home loans out there and it can be difficult to figure out which one is right for you. The main point is when it… Continue reading How can I compare my home loan options?

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Things that you need to know before making a decision of buying a house

Main points that you need to know before making a decision of buying a house: ·    Most lenders require a deposit that is at least 5% of the property price. ·    Genuine Savings are savings you have held for at least 3 months ·    The larger your deposit, the less interest you’ll pay over the life… Continue reading Things that you need to know before making a decision of buying a house

What is home loan pre-approval and should I get it?

A formal pre-approval is a critical step in purchasing property - it's when a lender (bank) gives you an approved amount to borrow based on a full assessment of your financial situation. Advantages of home loan pre-approval: Give you some sort of "bargaining power" (check my explanation as below) You'll know exactly how much you can… Continue reading What is home loan pre-approval and should I get it?