Buying a home is an exciting time, but it is very important that you make sure you have identified the right home loan for you before you hit the open-home circuit searching for your dream property.
For most people, purchasing a home is the biggest investment they will ever make. For decades we have been helping people realise their dreams by raising finance for their property purchases. Buying a home is an exciting time, but it is very important that you make sure you have identified the right home loan for you before you hit the open-home circuit searching for your dream property.
Finding a home loan is not a job that can be done properly with a 5 minute telephone conversation. The challenge with some bank based brokers is that they can only offer you one product, so that’s why they might seem more efficient, but the reality is, they simply don’t have the product range that brokers like us have access to.
With over 20 years experience in the home loan industry, we know that finding the right home loan is about a combination of a number of different factors:
This is one of the first things people think about when considering which home loan is right for them. We have access to over 30 lenders, which means that if you’re simply looking for a home loan with the lowest interest rate, we will find it for you.
Before you make a decision about which home loan is right for you, it is important to find out if you are comfortable with the repayments and that you can afford to service the loan. We do this by utilising some of the most accurate home loan calculators on offer.
Home loan comparisons
At Educated Finance, we are mortgage brokers. This means that unlike the big banks, we are able to run home loan comparisons on loans from over 30 lenders and we are under no obligation to sell you a particular loan product. This means we can focus on your needs and what is best for you.
In today’s market, we know that a lot of people are working hard to save money and clear debt to enable them to buy a home, so we have specialised in a range of home loan types to make sure we can help you whether you have a deposit in the bank, are looking for a no deposit home loan, or even a bad credit loan.
- If you are spending hundreds of thousands of dollars, you need to take your time, and seek the advice of experts. Contact us today.
Buying Your First Home
Maybe you have overstayed your time at Mum and Dad’s or you’re tired of paying rent which only helps your landlord pay their mortgage. Buying your first home is an exciting time and one of the biggest financial decisions you’ll ever make. The Team at Educated Finance, get excited about helping people through the journey of purchasing their first home.
Buying your first house is an expensive time so it’s important to get the most competitive rate possible to help start you off and keep you on the property ladder for the rest of your life. Many parents want to assist their children when purchasing a home. There are a variety of ways parents can provide their financial support including
- A gift
- Acting as guarantor i.e. family pledge
- Providing a loan
- Joint ownership
We will guide you as to the most suitable alternative depending upon your family’s individual circumstances.