Although applying for your first home loan may be the biggest financial decision you’ll make, it doesn’t need to be an overwhelming one. With the right preparation, a realistic understanding of your financial position and some professional guidance, you can position yourself as an attractive first home loan customer and gain approval in no time.
So what should you do?
There are many perks to working for yourself, but when it comes to applying for a loan, it seems being your own boss sends up a red flag to banks and other lenders.
This is often the first question that a client will ask before they even think about buying a new property, and many are surprised at the answer they get.
Mortgage repayments are often one of the largest expenses of a household and yet many people put their home loans in a ‘set and forget’ and don’t even consider
Buying your first property can be overwhelming and confusing. As one of the largest financial decisions you will make the stakes are also high.
Changes to Investor Lending
Better interest rates, lower repayments, paying for that longed for renovation or consolidating other debts, there many reasons why you might want to consider refinancing.
Research has revealed that 53% of Australians now engage a mortgage broker, up from 35% ten years ago. So why is it that Australian’s are increasingly turning to the services of a broker over going direct to lenders? Read More