How do you find the Best Home Loan for your situation?
There are a huge number of home loans products and this can make finding the right home loan a very tricky task. Plus, as a home buyer you already have enough on your plate, so taking on the task of researching all the various home loan options and features can be very confusing.That's why having an experienced Home Loan Specialist in your corner to help you through the process and ensure that you get the best deal is the way that most people go!
Did you know that more than 50% of people choose to engage a Qualified Finance Home Loan Broker to help them secure the best home loan funding?
Prepare Your Finances
One of our team can work with you to determine your borrowing capacity and purchasing power so you know exactly what your budget is. We will search high and low to track down the products most suited to you and will discuss their features and benefits with you. You may also qualify for the first home owners grant too. Our expertise and experience mean that you'll receive professional, up to date advice that you can rely on to make the right choice of home loan product most suitable for you.
Choosing a Home
With your finances pre-approved, your next step is to find the right property. Do your homework, put together a checklist of what you want in your property and spend a few months getting a feel for the property market and what price properties in your area of interest are selling for. It's a great idea to attend some open homes and local auctions in the area you want to buy in, so you get to know the local market and the process for auctions just in case your dream home goes for auction. Remember, you can't do too much research, so don't rush in!
Making an Offer
Once you've decided on a property and completed the relevant inspections, you're ready to make an offer. You can make your offer prior to having your inspections done and formal loan approval, just make sure that this is noted in the offer. This is what's known as a 'conditional offer'.Remember, a home loan is a big commitment and one that will often stay with you for a long time so getting the right advice is critical to choosing the right home loan for you.
If you would like to arrange a Free Informal Chat about your options, please complete our Home Loan Appointment form today!