When you borrow money to buy a property, the lender will take a mortgage over that property to secure the loan – one loan and one security property.

Head over heart is a major dilemma when it comes to house hunting.

Buying a home can be a very emotional process but it is also important to keep those emotions in check to make the most rational decision possible

This is a list of the documents you may need to provide to a lender during each step of the loan process:

Lenders will require a Fixed Price Building Contract (FPBC) by a Registered Builder.

As a professional mortgage broker, we will assess your needs taking into account both your personal and financial goals, and will provide professional written advice on loan structure, lenders and products.

At least one month before you move

Every lender has their own terms and conditions, and this is intended only as a general guide to understanding this topic.  Contact us to discuss your individual circumstances.

When you buy and sell properties there are many costs that you need to budget for, and it’s not only ‘how much’ but ‘when’ that you need to consider.

This obvious step is often underestimated by many buyers. We can help you understand what you need to save for and help you set your savings goals.

LMI is a one-off, upfront insurance premium that is generally payable when you borrow more than 80% of the property value. It does not protect you as a borrower. It protects the lender in the event that you default on the loan, and they have a shortfall in funds after selling the property.

If you are thinking of renovating or building, make sure you get the job done right first time with a good builder who will help make your dreams a reality, rather than dragging you through a nightmare. Here are some questions you can ask a potential builder to save you a lot of heartache.