Call: 1800 24 23 24 | Email us at enquiries@hlc.com.au
Top 10 Mortgage Tips 10) Use a Reputable Mortgage Broker to find the right finance – at The Home Loan Company, our service is free to you and we are one of the most experienced and qualified mortgage brokers in the market. Don’t settle for anything less.
Top 10 Mortgage Tips 9) Don’t Sit on Your Mortgage – Review it every year. Even if you think you’re doing OK, there are always new and better options constantly being offered and there’s a lot happening in the lending market. Your circumstances may also have changed. Let The Home Loan Company compare mortgages and do the work for you.
Top 10 Mortgage Tips 
Deposit Bonds – Act as a substitute for the cash deposit between signing a contract and settlement of a property. At settlement the purchaser is required to pay the full purchase price including the deposit. The Home Loan Company can help you with this.
Top 10 Mortgage Tips 7) Reduce the need for Lenders Mortgage Insurance. This insurance is compulsory where you borrow in excess of 90% of the loan to value ratio of the home. If you can, have enough money to make a deposit of 5% or 10%. If not, The Home Loan Company can help you.
Top 10 Mortgage Tips 6) Do you need Income or Mortgage Protection Insurance? This is an important consideration. How would your mortgage be paid in the event of death or serious injury? Mortgage Protection is just as important as health insurance or house and contents insurance. You don’t want to lose your asset. At The Home Loan Company, we can help you with this too.
Top 10 Mortgage Tips 5) Home Loan Interest Rate is Not the Most Important Feature. Your mortgage should be tied to your long and short term financial goals. Whilst the home loan interest rate determines your repayments, how your equity is used, how long you will require your mortgage, how you structure your mortgage, how you want to maximise your cash flow and access funds are all just as important.
Happy Valentines Day from The Home Loan Company. More than 110 million roses will be sold today. We all know red roses mean “love” but did you know lilac & purple roses symbolise enchantment & desire & proceeding cautiously … they send a message of love at first sight. A new home on valentines day. Now that would be perfect. For you lucky people buying a new home today, we can help you compare home loans.
Top 10 Mortgage Tips 4) Get the Information you need on the Property you want to buy: Find out how much the property is worth, find out which are the best growth suburbs to own or invest in, how much equity you have in your home and how you can use it. Property reports give you info on your property or a prospective property including a history of sales in the area, how long a property has been on market. Essential stuff if you’re buying and at The Home Loan Company we can provide it for you.
Top 10 Mortgage Tips 2) Get your Credit History in Order: Your credit rating will be checked and can affect your borrowing ability. You may find it difficult to secure a loan if you have any unpaid bills or exceeded credit card limits. Check your credit history and manage your credit reputation at mycreditfile.com.au. It will cost you $42 but worthwhile to ensure you get the home loan you need. The Home Loan Company will help you with this.
Top 10 Mortgage Tips 1b) Be Prepared: Have your Mortgage Paperwork Ready. The type of documents you will need include up to date payslips, credit cards, 6 months of banks statements, ID and contract of sale.
