Express Home Loans | Mortgage brokers

Express Home Loans

Phone: +61 407 131 334

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25.01.2022 Buying your first Property Before you start looking for a home, there are several key details to consider such as: What savings do you currently have?... Most lenders will want to see that you are able to save consistently and will usually require your last six months saving history before considering you for a loan. If you are able to afford the repayments, some lenders will loan you up to 95% of the property purchase price. They may even allow you to add mortgage insurance costs to the loan meaning you may be able to borrow up to 97% of the property value. Either way, the lender will require you to have at least 5% of the property value in genuine savings as well as enough money available to cover the other costs of purchasing a property. How much can you borrow? It is extremely important to sit down with a Mortgage Professional like Express Home Loans and arrange a pre-approval for home loan finance before looking for a property so you know the maximum amount you can borrow and any conditions the lender would require to meet for finance. What fees and costs apply to a mortgage? Buyers will need to have funds available to cover a number of costs before settlement. These costs include a deposit, lenders mortgage insurance, stamp duty, loan set up fees, conveyancing, settlement fees, inspection costs, valuations and home insurance. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/ Grants and Incentives There are several government incentives and benefits available to provide a helping hand. What is available to First Home Buyers depends on the State they are in and their individual circumstance. These include: First Home Savers Account Reduced Stamp Duty First Home Owners Grant To find out more information on what may be available visit www.firsthome.gov.au Your Mortgage Professional can provide you with a lot more information including facts on buying at auctions, funds required to settle your mortgage, the mortgage process and a detailed First Home Owners Guide. Your Mortgage Professional will also explain the whole process to you and will guide you and support you through the entire lending transaction. Having the right person to assist you can make the world of difference when buying your first property. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/ *** Please Note: This is general information only and is subject to change at any time. Your complete financial situation will need to be assessed before acceptance of any proposal or product.

13.01.2022 Get on the property ladder and on your way to a happy, healthy retirement!

12.01.2022 Did you know you can get a loan for a house and land package with LITTLE or NO DEPOSIT You can use your rental history as savings history - instead of the traditional method of needing a minimum 5% genuine savings which you have saved in a bank account for a period of 3 months or more. See below if you're eligible to apply:... Rent through a real-estate 6 months or longer with the same agency. You are an Australian citizen or permanent resident You have never owned a residentialproperty anywhere in Australia You have not previously received a First HomeBuyers Grant from any state or territory in Australia You must be 18 years of age or older If you receive the FHOG the home must be used as your principal place of residence for a continuous period of at least 6 months, which must take place within 12 months of receiving the FHOG. If you meet the above criteria’s simply send us a message and we will send you the application form that you can complete and Express Home Loans will reply within 48.

12.01.2022 The Mortgage Process: 8 Steps To Follow Interview During your initial meeting with a Mortgage Professional they will listen to your requirements and will expla...in the features and benefits of loans that may work with your situation. They will discuss and provide you with numerous options available to suit your needs. Once you are happy with your selection of the loan product, the loan process will commence. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/ Loan Application Your Mortgage Professional will work with you through a number of documents including a Needs Analysis Credit Quote & Proposal and the lenders application. They will also explain what is required in relation to the necessary supporting documentation required so your home loan application can be lodged. Lender Assessing Application The Lender will assess your application to determine whether you meet their credit requirements. This process includes confirmation of your income, employment and a credit reference check. Your supporting documentation is also assessed at this time. If the credit assessor requires any additional information they will send through a request to the Mortgage Professional. Timeframe: Depending on the Lender - between 24 hours and 14 days. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/ Conditional Approval Your Mortgage Professional will receive a communication on your behalf, from the Lender in the form of a conditional approval. Within the approval, the Lender will outline any matters that need to be addressed before they can issue an unconditional approval. Your Mortgage Professional will advise you when they receive this approval. Valuation The most common condition of an approval is valuation of the security being provided. The lender will order the valuation which could take up to 3-4 days to complete. The valuation is often included in an application fee if there is one applicable. Formal Approval When a home loan application is formally approved (also known as unconditionally approved) it means that all conditions and criteria required to assess the application have been supplied, assessed and approved. It is only when formally approved that the borrower can feel comfortable they can obtain a home loan. If you are buying a property it is advisable NOT to exchange contracts until your loan has been formally approved. Your Mortgage Professional will be notified of formal approval and will then notify you. A formal Letter of Offer will be issued by the Lender. Mortgage documents will be prepared and sent directly to the applicant/s or their solicitor, depending on what was requested. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/ Mortgage Documents Documentation provided to you by the Lender includes the letter of offer; transfer document; terms and conditions of the loan and any other documents that are pertinent to the Lender’s own guidelines. If a purchase is involved then it is highly recommended that you go through the paperwork with your conveyancer and for the conveyancer to liaise with the Lender to schedule a settlement date. If the loan is just a refinance or a ‘top up’ it is recommended you sit down and go through these documents with your Mortgage Professional if you have opted not to use a conveyancer. Settlement After the mortgage documents are signed, witnessed and sent back to the lender, then settlement is arranged via your solicitor/conveyancer or if there is not a necessity for a conveyancer then the Mortgage Professional will be involved to ensure settlement is completed. If you'd like some free help then just fill in our Express Application, and then we can have a chat - https://www.expresshomeloans.net.au/apply-now/

10.01.2022 Did you know that you could receive up to 50% off government stamp duty fees? Click on the link below to see if you're eligible and for more details. https://www.sro.tas.gov.au/property-transfer-duties

09.01.2022 How does a LOW or NO DEPOSIT HOME loan work? You can use your rental history as savings history - instead of the traditional method of needing a minimum 5% genuine savings which you have saved in a bank account for a period of 3 months or more. See below if you're eligible to apply:... Rent through a real-estate 6 months or longer with the same agency. You are an Australian citizen or permanent resident You have never owned a residentialproperty anywhere in Australia You have not previously received a First HomeBuyers Grant from any state or territory in Australia You must be 18 years of age or older If you receive the FHOG the home must be used as your principal place of residence for a continuous period of at least 6 months, which must take place within 12 months of receiving the FHOG. If you meet the above criteria, simply go to https://www.expresshomeloans.net.au/apply-now/

07.01.2022 Thinking about buying your new home at an Auction? Here are 6 useful tips to you started and on the right track ;-)

05.01.2022 http://www.abc.net.au//tasmania-top-of-the-pops-fo/9370524

05.01.2022 Low or No Deposit finance available! See below and if you meet the criteria - APPLY NOW! http://www.expresshomeloans.net.au/apply-now/

03.01.2022 ARE YOU SICK OF RENTING? If you are, then follow these 3 steps so we can help you get on the property ladder 1. Together we find out how much you qualify for. This is done by completing a simple express application form (takes around 3 mins) Go here http://www.expresshomeloans.net.au/apply-now/ 2. Depending on your situation, we can recommend Building Brokers and Property Strategists who work with us in assisting our clients find the right block of land, come up with ...the right package/floor plan etc, to help build your new home. If you don't require this additional service, you may source your own builders/professionals of course. 3. Once you advise us of what the package is and the contract price, we send that to the lender so that they can approve your loan. Get started by completing a simple express application form (takes around 3 mins) http://www.expresshomeloans.net.au/apply-now/ See more

03.01.2022 ARE YOU SICK OF RENTING? Sick of moving every year? Sick of house inspections?... Sick of not knowing how long you can call where you live, a home? Sick of looking for a better rental instead of looking for your own home? If you are sick of renting, then hit the "SEND MESSAGE' and let's chat about our "RENT BUSTER" program. By the way, if you rent through a real-estate company (not essential but helps) and working full time for 6 months or permanent part-time for 1+ years then make sure you chat to us today. But most importantly if you are SICK OF RENTING Hit the "SEND MESSAGE' and chat about our "RENT BUSTER".