The amount you can borrow will vary from lender to lender. Contact us for a complete individual assessment of your situation.
We do not decide, you do, in conjunction with advice you receive from your Mortgage Broker. They will discuss your loan needs and make suitable recommendations, then arrange a formal application and obtain a loan approval.
The deposit required will vary depending on the lender and the type of loan you choose. There are various factors to be considered before we can advise the actual deposit you will need in your own individual circumstances. Please contact us.
The First Home Owners Grant is a once off payment you will receive from the Commonwealth Government. In some circumstances we may be able to use the First Home Owners Grant as part of your deposit. However there are various factors to be considered. To find out if you qualify and how much you will receive, contact us.
Cost will vary depending on the property value, loan product and loan amount. We can help you estimate these costs
Costs involved in a home purchase may include (but not limited to):
Lenders Mortgage Insurance (LMI) is payable by the BORROWER only when the loan amount exceeds 80% of the lender’s valuation. This premium is a once off payment and some lenders will allow you to add the LMI premium to your home loan, others will request it upfront. LMI doesn’t protect you (the borrower) it protects the lender from any losses resulting from defaulting on the loan. To get further clarification and an estimated on the premium contact us. We will discuss ways to minimise this payment.
As a guide you may need the following documentations to confirm your identity and substantiate your income;
|All borrowers need to show 2 of the following:
|Employed borrowers need to show:||
|Self-employed borrowers need to show:||
|Refinancing an existing property you’ll need to show:||
|Buying an existing property you’ll need to show:||
|Building a new home you’ll need to show:||
All clients’ situations are unique, so when we have arranged an appointment with you, we will let you know the information we will need.
Interest is calculated on your outstanding balance on a daily basis and charged to your home loan account once a month. For this reason, and because of the number of days between months varies, the amount of interest charged each month may also vary. For further information contact us.
No. In fact the amount you can borrow varies considerably from lender to lender. Our job is to quickly find the lender that will lend you what you need and give you the best deal. Choosing the right loan is as important as choosing the right home its simple just contact us and we’ll show the difference.
Yes, with the correct facility and loan structure we’ll show you, absolutely free, a step by step plan how to minimize your mortgage, save thousands of dollars in interest and own your home sooner. If you like we’ll also show you how to use the equity in your property to start an investment portfolio just simply contact us today.