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Showing posts from January, 2019

Looking Forward to Borrowing a Loan? Know More About the Deposit you Must Have

Preparing for your first home loan? Don’t worry, Your Finance Advisor is here to guide you through the way. If you are wondering how much money should you save for your deposit before you submit your application for the approval of your loan, then you are at the right doorstep. The lending specialists from Your Finance Advisor assist you in the process of loan borrowing right from the time when you submit your loan application to the time you buy the house of your dreams. Ideally, lenders expect you to submit a 20% deposit. For instance, if you are looking for a property worth $5,00,000, you should have a deposit of $1,00,000 ready with you. The money that you have with you as your savings will not only fund your initial contribution to the purchase price of the property but will also be used to pay the stamp duty, as well as any other fees and charges that may be associated with your purchase of the home. However, 20% amount of the deposit is not fixed. Many lenders take a signi

Looking for a Home Loan? Get in Touch With Professionals who Help you Save Big Bucks on your Mortgage

With the wide availability of  mortgage broker  in the country, borrowing a Home Loan in Australia has become a difficult choice to make. However, getting in touch with the right mortgage broker for a loan for your property will help you in Home Loan Comparison thereby making you make a better decision in terms of interest rate and the process of documentation. If you are looking forward to borrow a loan for your property, then getting in touch with a renowned mortgage broker will help you sail through the process with much ease. Although borrowing a loan for your property is not rocket science, getting assistance from professionals will benefit you from their experience and expertise. There are numerous ways of saving money while borrowing a home loan, however, the ones that are proven successful can only be explained to you by experts from mortgage brokers in Australia. The reason behind this is the experience and expertise that professional brokers bring along with them. While l