Why use a home loans broker?
Why be limited to home loans that your bank provides. We compare over 650 different loans options through a huge variety of banks and financiers to ensure you are getting the best home loans package available.
You have a professional home loan broker that will manage your loan from approval to settlement. This is a job we do every day. We communicate with your solicitor and real estate agent whilst keeping you always updated regularly.
When considering loan options points we consider:
Type of Interest Rate
The type of interest that the loan entails. Would a fixed rate of interest or a floating variable rate suitable? What surprises are somewhere down the line and is this something you want and can be financially prepared for?
Type of Home Loan
What loan suits your requirements. Line of credit equity redraw, interest only, offset home loan, standard principal and interest? Your Finance Ezi home loan broker will discuss all options available.
Period of Home Loan
How long does it take to pay the home loan? What is your preferred period and loan repayments. Is this adequate amount of time without accruing a high amount of interest?
Home Loans Amount
How much money you would actually need and what deposit or cross collateral would be required. Is there sufficient deposit to minimise any costs. Is there any rate discounts due to desired loan amounts?
Approval Time
Is there any time constraints for settlement. If so, historically do the preferred lenders meet these time requirements?
Interest Rates and Fees
What are the comparison interest rates, which take into account both interest and ongoing fees and charges.
Initial Loan Costs
How much are they and how does this effect the over all cost of the home loan?
