Bridging Loans
If you’re selling your property and purchasing a new property and need to own both at the same time for a short period, this is where you may require a bridging loan. What is a Bridging Loan? A bridging loan…
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Putting An Offer On A Property
The First Step Typically, you would contact the real estate agent to arrange a time to prepare the offer together. Alternatively, you can request a copy of the sales and purchase agreement and draft your offer with the assistance of…
How Do Banks Assess Your Mortgage Application?
Knowing how a bank assesses your mortgage application and what they’re looking for gives you more power to get your application in order. Banks assess your application using the 4 Cs: Capital, Capacity, Character and Collateral. Get these right and you’ve…
7 Step First Home Buying Basics
Step 1: Check your affordability Can you afford this house? Start by meeting with a mortgage advisor at your bank to assess your borrowing capacity. If possible, get pre-approved for a loan. If you’re not able to get approved right…
How Much Does it cost To Use A Mortgage Adviser?
There’s a common myth that mortgage advisors charge fees, but that’s not true. We don’t charge you for our service. The banks pay us a commission when we help you get approved. Using our expertise means you get the best deal…