The 5 Mortgage Tips That Every Family Needs to Know

Hi all. Found an excellent article that I am sure many will relate to. Hope you get something useful out of this... 

Owning your own home (and actually paying it off before you’re 80) has never been easier with this invaluable advice. For a lot of Aussie families, the idea of owning and paying off your own home seems like it will never happen. The word ‘mortgage’ is enough to scare anyone off.

Understand your borrowing power

Check out the integrated calculator on REA to see what you can actually borrow from a lender before even thinking about anything else. Not only can you play with your planned purchase price and savings level, but you get visibility of your monthly repayments within your search experience.

The confidence of having approved finance

When you’ve found the right place for you and it comes time to make an offer or bid, you can’t underestimate the confidence of having approved finance. There’s nothing worse than getting caught out at an auction and missing your dream home just because you haven’t got the right pre-approval. Research ways you can get pre-approval online in your own time and when you’re comfortable - even the night before a last-minute auction.

Looks like really useful info, eh? Just click HERE to find out more from the horse’s mouth! If you’d like to share perspectives or discuss how it relates to your business, call me on (0403) 296 221 or email me at [email protected].

Thanks,

Tammie