Offset accounts: Use them to save you money…

Comparison rates are a legislated requirement for lenders to provide to home loan consumers.

All credit providers must give a comparison rate when they advertise a rate or a weekly payment for home loans. The comparison rate includes the interest rate or weekly repayment amount, plus most fees and charges.

DAY 1 We receive loan application and supporting documentation. DAY 2 We compile and submit your application to the lender. DAY 3 Lender performs credit reference check and other basic checks DAY 5 Conditional Approval DAY 8 Valuation is received & conditions of approval are met. DAY 10 Unconditional Approval DAY 13 The Lender or […]

Private sale is where have to negotiate with the vendor’s agent (the Real Estate Agent) and arrive at an acceptable price to both parties, resulting in a contract of sale being signed.

Fixed rate update. Read what is the best rates from our lender panel this month.

This is a generic list of standard information that may be required when we complete a loan application for a purchase. Every application and lender is unique, and I will request specific information once we decide on a loan that meets your needs and fits your goals.

If you are a company director, or about to become one, you may receive professional advice to transfer your home from joint names into your spouse’s name only.

A construction loan allows you to borrow against the construction progress of a new building based on the estimated completed value of the property.

An adverse credit history indicates that there are negative reports or past transactions showing unpaid debts, overdue accounts, over the limit transactions or dishonoured payments.

How much can I borrow?
There are three main considerations that must be taken into account when you are looking to borrow money for a home purchase, and they are: