Timeline to getting a home loan approval can vary. Requests for further information can arise where it becomes out of date as part of the process e.g. currency of pay slips, loan statements or bank accounts. Also where a search…
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Timeline to getting a home loan approval can vary. Requests for further information can arise where it becomes out of date as part of the process e.g. currency of pay slips, loan statements or bank accounts. Also where a search…
We strongly urge you to obtain a pre-approval before searching seriously for a property. This gives you greater certainty and obtaining the formal approval (which should be obtained before committing to the contract) will then take less time. These typically…
Timeline to getting a home loan approval can vary. An example can be where Lenders Mortgage Insurance (LMI) is required usually if the loan to valuation is above 80%. LMI’s have their own assessment criteria and sometimes additional questions arise…
If you have time, plan to clean the new house, and complete any painting or repairs before moving in. The home loan market is very competitive at the moment with interest rates changing every week. If you would like a…
RBA Kept rates at 4.25% today. Don’t sit on your mortgage. Let us know if you would like to save on your mortgage.
This week we’ve seen most lenders increase their FIXED interest rates. Best owner occupied 3 year fixed rate right now is The Rock Building Society at 5.95%. There have been no changes in VARIABLE rates and the RBA cash rate…
The Home Loan Company is a member of the MFAA. Like our Facebook page at www.facebook.com/TheHomeLoanCompany and enter to Win a $1,500 ‘Fun Fund!’ We will announce the winner on 19 April 2012. Good luck