Selling your current house and buying another one requires the utmost in care and planning. There are so many considerations that it can often be overwhelming. Even if you are just purchasing a home without selling another, there is a lot more to it than just comparing interest rates. One of our expert mortgage brokers can help you navigate this difficult and complicated process by guiding you through these steps:
How Much Money Will Lenders Allow Me to Borrow?
Your Smartline Rockingham Home Loan Adviser can give you an accurate figure of how much you are eligible to borrow, thus allowing you to know your maximum purchase price for your next home. This process is very easy and can be done from your home. If you would like an approximate figure now, try out our “How much can I borrow” calculator.
What are the Costs Associated with Buying a Home?
Smartline Rockingham doesn’t charge a fee, but your lender will charge an application fee. In addition, if you borrow more than 80% of the home’s value, you will have to pay for mortgage insurance. You also have to pay for conveyancing, stamp duty and inspection. Try our online calculator to get an idea of the costs.
Compare Interest Rates and Home Loans
A Smartline Rockingham Home Loan Adviser can work with you to find the home loan solution that is right for your individual situation, without you having to run around from lender to lender. If you would like to read up on home loans, you can check out our home loan guide.
We encourage you to read the sections on the most popular and economical products: basic low interest home loans and professional package home loans. We also invite you to ask one of our mortgage brokers about a split loan or an offset account. All of these options can help your budget.
If you are considering renovating all or part of your home, a home equity loan may be just what you need to maximise your existing space without buying a new home. If you need to buy another property now but it will take longer to sell your current one, check out what a bridging loan can do for you. If you are trying to negotiate simultaneous closings but don’t know if it will work out, we can also help you obtain a deposit bond. Whatever your needs, we can make the entire process work for you with minimum hassle and maximum results.
Always remember that there is more to choosing a home loan than the interest rate. Our mortgage brokers can help you take advantage of other loan features to get you the best “bang for your buck.”
- More information on how to find the right loan
- More information about what a mortgage broker can do for you
- Try our “How Much Can I Borrow” calculator or our home loan calculator.
- Take the next step and talk to one of our Smartline Rockingham mortgage advisers about a home loan