What is loan home loan pre-approval? 📝 A pre-approval, conditional approval or approval-in-principle are all terms used by different Lenders to describe the same thing. A loan pre-approval means that a lender has agreed, in principle, to lend you an amount of money...
🤔 What can they help me with? Anyone can use a Mortgage Advisor/Broker! 👩👱♂️You don’t have to be rich and you don’t have to be a property investor. You do need to be aware that some Mortgage Advisors do charge an upfront fee for their services. Here at Greater...
Why would I go to a Mortgage Advisor/Broker and not the Bank for a Loan? 🏦 Many people head straight to their bank when it comes time to apply for a home loan, but do you know there is another alternative? Did you know that Mortgage Advisors are helping home buyers...
What do they do and how can they help me? A Mortgage Advisor/Broker works one on one with clients and acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Many People think Mortgage Advisor/Brokers are just for seasoned investors,...
🏡 Do you still have a Home building Loan or Construction Loan? 🏗 Did you build your house and get a construction loan to finance the build from a lender. 📞 It may be worth you reviewing what your current interest rate is.. 💵 Did you know that you pay a premium...
What is Debt Consolidation and how can it help me? 💳🚘🏡 If you have multiple debts such as a credit card debt and/or personal loans and/or a Home Loan, it may be time to talk to your local Mortgage Advisor about debt consolidation. Consolidating your debts may make...
Pros and cons of choosing a variable interest rate? Pros Typically offers more flexibility than a Fixed Interest Home Loan You can make unlimited additional repayments to pay off your Home loan faster Redraw is usually available meaning you have access to additional...
Pros and cons of choosing a fixed rate interest rate? Pros Your repayment amount is set and does not change making it easier to budget You can choose the period of time you would like to fix your Interest rate for Fewer Loan Features so could cost less Cons If...
Fixed Vs Variable home loan rates? Which is best? Firstly what are Fixed and Variable interest rates? There are many home loan options available and deciding on the type of Interest rate is just one of these options. Generally there are two options, either a Fixed or...
Is refinancing your home loan too hard? Is it too hard to find time to refinance your home loan? Many people sign up and get a mortgage so they can buy their first house and don’t think much of it after that. Committed to 30 years of monthly repayments and that’s...
