Express Home Loans | Finance

Express Home Loans

Phone: +61 407 131 334

Add/Update information

Reviews

Tags

• Property
• Businesses
• Product/service
• Mortgage brokers
• Finance

23.01.2022 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

19.01.2022 Thinking about buying your new home at an Auction? Here are 6 useful tips to you started and on the right track ;-)

09.01.2022 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/

01.01.2022 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/