Buying your home can be one of the most daunting experience in one's life. It is absolutely crucial to have the right experts in your corner advising on your range of home loan options, legal responsibilities, property due diligence & property selection.
Importantly, the first step is to speak with a mortgage broker to find out what you're able to borrow & hence your maximum purchase price. We recommend you do this prior to starting your search - purely because you want to ensure the properties you're looking at are within your budget.
That's where we come in!
1. Gather details about your personal financial situation.
2. Calculate your borrowing comfort levels as well as what the banks are able to lend you.
3. Work out your deposit & hence your maximum purchase price, taking into account any government schemes which may be applicable to assist you.
4. Present our findings in an in-depth meeting & explain the next steps in depth, including applying for finance pre-approval for added peace of mind.
5. Explain with banks are most suitable for you & why, by taking into account a host of different factors - interest rates, fees, processes, service and more.
Once you've got us in your corner, you'll be able to search with confidence knowing what you can afford & therefore being able to narrow down your search.
Our service doesn't stop there!
We are your personal guide throughout the entire process - from the initial conversation all the way through to getting the keys for your home - then another 30 years after that looking after your finances!
Feel free to click above to chat to our expert mortgage brokers if you can't find the answer to your question below.
This can vary from one to another, however the minimum amount you need to buy a home is approximately 10% of the purchase price, including covering your stamp duty & other costs. Note that if you're a first home buyer, you can generally purchase a home with as little as 5% pending certain eligibility is met.
Absolutely nothing. Banks do not charge to get pre-approval. If you do purchase a property & want to go ahead with the loan, there may be establishment costs however we will discuss these with you in depth.
3 months. The terms of a pre-approval vary from bank to bank, so it's important you utilise a mortgage broker to explain what these mean & how they may affect you.
Ideally, you want to have engaged a conveyancer at the time you start looking for a property - this way, the introductions are done & when you find your dream home, you can act quickly with the conveyancer being ready to start work.