Once the calendar ticks toward end of the year, the days start flying by and our calendars fill up with end-of-year events. With all the demands on our time, many people decide to put their property plans on hold.
However, you may be surprised to know that smart clients
are in fact doing the opposite because they know that buying a property during
Christmas can save them thousands and as it is always said, when people find
themselves on the side of the majority, then they’re on the wrong side; this is
especially true of buying property at Christmas and your “Mortgage Broker” can
help you in a better way.
So, to spread the Christmas and New Year property cheer, to
ensure that you put your best foot forward when
applying for a home loan, follow my following 5 tips below and you’ll be well
on your way to a new home loan in no time.
- Decide on your limit: Be realistic with
your budget. Figure out what your budget is and how much you can afford to pay
in mortgage repayments?
- Create a budget: Make a list of your household expenses and
start your savings from income you receive each month. The aim is to
stick to these savings prior to applying for a home loan. As rule of thumb “Save
before you Spend”
- Get Prequalified and Preapproved for
credit for Your Mortgage:
Before you start looking for a home, you will need to
know how much you can actually spend. The best way to do that is to get preapproval.
I as an experienced Mortgage Broker can help you to sort
your finances and give best advice from beginning to get your foot in your
- Make Festive Season break a
great time to move: Your final reasons for buying property during
festive break is that vendors are often keen to move during the holiday break.
If you can be flexible with settlement dates to the vendor’s advantage, they
may be more willing to accept a lower price and it will help in lowering down
your loan repayments each month. A great property purchases this festive season
will make for a very merry Christmas and Prosperous New Year indeed!
- Utilize a mortgage broker: Getting approved for a
home loan can often seem like an uphill battle, particularly if you’ve been
knocked back before. The best way to ensure that you get approved for a home
loan is to utilize the services of Ibadat Waraich
an experienced Mortgage Broker at Investors Mortgage Who can help you craft an
application that meets those requirements and navigate the approval process and
provide you with a wide range of choices in lenders. We have access to a number
of lenders Australia wide and will ensure that you will get the best deal. Call
“Ibadat Waraich” Mortgage Broker today on 0431316228 and email: firstname.lastname@example.org
to get started.