Why brokers hold the keys to getting your foot in the property door

Sourav Dey Roy Uncategorized Leave a Comment

Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly. Purchasing a property in today’s housing market is not for the faint-hearted. Would-be homebuyers have only to turn on their TV – or check Facebook or Twitter – for the latest news informing them that their dream …

Easy refinancing for a better deal on your home loan

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While refinancing your home loan may seem overwhelming at first, it’s less complicated than you might think. With historically low interest rates and increased competition across the home loan industry, lenders are keen to get your business. When you first took out a home loan, you probably paid very close attention to interest rates, but once the loan settles most …

How to speed up your home loan approval

Sourav Dey Roy Broker 2, Uncategorized Leave a Comment

Asking how long it takes to get a loan approved is like asking how long a piece of string is. Every application is unique, so the time between your first contact with your bank or broker and approval can never be predetermined. There are, however, some things you can do to help hurry your application along.   Although very rare, …

Explainer: Home loan pre-approval

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Author – Sourav Dey Roy For those getting ready to stride into the world of home ownership, the uncertainties of pre-approval can cast a shadow of doubt over an otherwise exciting time. When is it necessary? How long does it last? And what does it involve, exactly? Pre-approval is a lender’s assessment of your likelihood of being approved for an …

How to buy without a 20% deposit

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When you consider that an average house in Adelaide, it could set you back half a million dollars at the moment, saving a 20% deposit to buy that house – $100,000 – can seem an insurmountable task. That’s where insurance can help. Lenders mortgage insurance (LMI) may be an added expense, but it offers buyers the opportunity to dive into …

Five simple ways to pay your home loan off sooner

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Paying off a mortgage can seem relentless – every payment counts of course, but it can seem to be taking forever to make a dent. Here are some simple ways you can increase the amount you pay off and own your home sooner. Reducing the principle on your mortgage as quickly as you can means paying less interest, so your …