Finance is the key – many questions can be answered with an initial consultation, well before or if you have already settled on a property these include:
- Repayment amounts and indicative interest rates.
- Affordability and how much you can borrow based on income, deposit and your current financial situation.
- Most lenders ask for information to prove a home loan is affordable an easy way to think of this is … does your rent + savings = home loan repayments
- One on one personalised service, to help you navigate the ins and outs of home buying.
- The ability to reduce your interest costs and become debt free faster.
- Tools to monitor your progress and inspire you to reach your goals.
- When getting a home loan
- Do tell your consultant if any information that you have provided initially has changed i.e. your address, income or job.
- Keep records of large financial transactions, especially if transferring large sums of money between bank accounts.
- Protect your credit score – avoid behavior that may negatively impact this.
- Organise your home and contents insurance ready for settlement day.
- Obtain relevant property reports to avoid unwelcome surprises.
- Don’t make any large purchases during the home loan process.
- Don’t consolidate credit cards or take out any new credit.
- Don’t change jobs if you can avoid it. It’s better to show a stable work history and a new employer could affect this.