Reliable Mortgage Broker in Kew - Get a Free Mortgage Review
We know buying a home is a big milestone in your life. You have to save for the down payment and search for suitable home loans to purchase the house of your dreams. To simplify the process, Mortgage Friend provides free mortgage review services in Kew. We are one of the top agencies, specialising in loan review and consultation. This service can help you find top deals based on your budget.
Also, if you are looking for a first home buyer's mortgage, our specialists can help you. With us, you can get an affordable product faster. Moreover, our consultants can help you refinance your existing home loan and find better deals to save money.
Services You Get with Us
With years of experience, we can help you find a suitable line of credit for your first home. Our well-trained team can cover all grounds from personalised services to loan comparisons. They will discuss your requirements and goals to find the most suitable options. Additionally, we will assist you with the application process. Here are some of the services we offer:
Free Mortgage Reviews: Our skilled agents offer complete credit checks and consultations to help you find ideal products. They can review the product and suggest refinancing options with low interest rates if you have an existing loan. It can save you lots of money in the long run.
Mortgage Rate Comparisons: We help you compare lines of credit to find the most competitive interest rate. Our experts check out and compare interest rates by multiple lenders, securing the top deal for you.
Mortgage Advice: Our mortgage loan brokers assess your finances and goals to find the most suitable products. They describe each option along with its features and answer your doubts, helping you choose the right financing solution.
Home Loan Options: We have access to an extensive network of lenders, from banks to non-banking specialists. They can offer a wide range of home loan options to suit your preferences.
Securing Lower Mortgage Rates: Our consultants use their expertise to negotiate with lenders on your behalf. Whether you have a first home buyer's mortgage or want to refinance, you can count on us.
Get Cheaper Home Loans and Mortgage Rates
We help you find cheaper mortgage rates for your dream home. Here are some key factors that influence the interest rates of your loan:
Credit Score: Someone who pays their bill on time will have a higher credit score. For a lender, these people are more reliable and likely to pay the money on time. When applying for a mortgage loan, you need a higher credit score to get lower interest rates.
Loan Term: Most loan terms can run between 20 to 30 years. A 30-year-old credit will keep your monthly repayments as low as possible. However, you have to pay more interest for the tenure. On the other hand, shorter terms often come with higher monthly repayments, but lower interest rates. It can ensure financial stability and savings over time.
Down Payment: Making a larger down payment can lower your loan-to-value ratio and bring down the interest rates. Our Mortgage Broker can recommend the ideal down payment amount based on your finances. It can help you secure a suitable interest rate.
Loan Product: You can choose from a wide range of products starting from fixed-rate home loans to variable ones. Each option has special features that can suit you, based on your budget and preference. Fixed-rate credit has a pre-fixed interest rate. It offers you stability but you have to be ready to make higher repayments. The interest rates for variable-rate home loans can fluctuate with the market, increasing your loan tenure.
Steps to Apply for a Mortgage
Once you have picked a home loan that is right for you, it’s time to apply. The home loan process varies between lenders, but here is a general order of events:
Meet a Mortgage Broker: A mortgage consultant tries to understand your financial and lifestyle goals. They search through their extensive list of products to find satisfactory options.
Prepare the Application: Once you have chosen a financing product, mortgage brokers will help prepare the application.
Conditional Approval: After receiving the application, some lenders may provide conditional approval. During this period, they run property valuation and conduct your credit score evaluation. A designated loan broker stays in touch with the lender and keeps you updated about the latest developments.
Full Approval: Once the evaluation is complete, you will receive an approval letter from the lender.
Complete Loan Documents: After the document arrives, the finance broker will help you complete it.
Loan Settlement: If you are purchasing a property, your solicitor will organise a settlement with the lender. They fix the time according to the settlement date on the contract of sale. If you refinance a home loan, the lenders will contact each other to exchange the documents.
Why Our Mortgage Service is the Right Choice for You?
Are you wondering "How much does a mortgage broker cost"? When you work with our team at Mortgage Friend, you get benefits like:
Expert Advice: Our brokers have extensive experience in the industry, offering expert mortgage advice. They can guide you through the entire process and provide valuable insights to make the right decision.
Personalised Service: We offer customised home loans and interest rate advice based on your needs and goals.
Transparency: We bring you quick home loan analysis services at affordable rates. Our team believes in transparent communication. They check your current finances and credit score to offer valuable advice.
Customer Satisfaction: When you choose us, your satisfaction is our top priority. Our team of mortgage loan brokers delivers exceptional service and support throughout your journey.
Whether you want cheaper home loans or planning to refinance, our team is here to help you. Call us on 0407949044 or email us at jkassoc@arc.net.au to schedule your free mortgage review in Kew.
