|Find a Mortgage|
You're prepared to become a homeowner, now its time to find the right Mortgage. This can be done yourself or with the help of a mortgage broker. Judge your mortgage by these 4 criteria:
Choose your Loan Type
Settling on the right type of mortgage involves 2 main choices:
Apart from the standard loan types above lenders provide a range of specialty products to consider:
Get Pre Approval
Apply for Pre Approval once you've chosen your mortgage. This lets you to know exactly what you can afford before beginning your house hunt, saving time and money.
Difficulty saving deposit
If you can't save a deposit to get a Mortgage or Home Loan, maybe your parents or a relative with a loan, or Home Loan guarantee.
Bad Credit History
If you have a bad credit history you'll generally find it difficult to get a traditional mortgage. You may need to consider a Non Conforming Home Loan.
Frequently self-employed people don't have all the financial documents normally required to get a loan. You may need to consider a Low-doc home loan.