Version /02/18 HOME BUYER. Guide
|
|
- Amber Williamson
- 5 years ago
- Views:
Transcription
1 Version /02/18 HOME BUYER Guide
2
3 contents page STEP 1: Saving for a deposit 4 STEP 2: Research the property market 6 STEP 3: Get VIP-approved 8 Learn about different loan types 10 STEP 4: Get the appropriate checks done 12 STEP 5: Make an offer or bid at auction 14 STEP 6: Exchange contracts 16 STEP 7: Waiting for settlement 17 STEP 8: Celebrate! 18 Learn the lingo 20 Buyer checklist 25
4 Let s start at the beginning... Buying a home is likely to be one of the biggest financial decisions you will make in your life and in the long run has the potential to be one of your biggest assets. Therefore, it s important for you to do your homework and take your time to understand every aspect of the home buying process. Endeavour Mutual Bank has been helping people to get into their first home, second homes and investment properties since 1953, so we can make the whole process a lot easier. 2
5 ...a very good place to start! This booklet goes beyond talking about loans and gives you the information you need throughout the home buying process; from start to finish. You may still have questions about buying property (there s a lot to wrap your head around!) and that s why we have specialists in this area. Please contact us on and we will help you with your queries. 3
6 Step 1: Saving for a deposit One of the first and important steps of the home buying process is saving for your deposit. It can take time to save but the benefits of having a deposit will mean you don t need to borrow as much and avoid some additional costs including Lenders Mortgage Insurance which is required if your deposit is less than 20%. At Endeavour Mutual Bank, we can lend up to 95% of the property value and the Lenders Mortgage Insurance can be added to the loan. Endeavour Mutual Bank provides a range of calculators that are able to assist you in budgeting, creating a savings plan and calculating your repayments. Vist and spend some time working out your budget, this can help when researching the type of property you can buy. 4
7 Step 1 checklist Use the Endeavour Mutual Bank budget planner calculator to see where your money goes. Set up a savings plan with Endeavour Mutual Bank. Aim to have a 20% deposit saved. Top tip Keep in mind that you will also need to pay stamp duty on top of this. For a purchase price of $500,000, stamp duty would be just over $18,000 in NSW. 5
8 Step 2: Research the property market While you are saving for your deposit it s a good idea to begin looking for the right property. The more research you do, the more likely you will find a property which meets all your must haves. The internet is one of the most convenient ways to scope out the market, or you could also contact some local real estate agents directly. Decide what is important to you; do you want to live close to a school? Close to public transport? Looking to move out of the city? Or is the property going to be an investment that you will rent out? Buying a property should be considered a long term investment, so you want to choose a piece of real estate with healthy growth potential. Here are a few popular property features you may wish to consider: 6 1. Does the property have an attractive outlook? 2. Does the property have a northern orientation meaning it will receive the maximum amount of sunlight throughout the year? 3. Are there any distinctive or character features? 4. Is the property in close proximity to transport, schools, parks, cafes and shops? 5. Is the property in a desirable suburb? 6. Has the property been recently renovated?
9 Top tip Have a plan of action so you aren t wasting your time only look at places which fit your minimum criteria. BUT, be prepared to compromise on some things, as it s unlikely that you will find a house where everything is perfect. Step 2 checklist Attend some open inspections and auctions to get your feel for the property market. Research which suburbs and areas that would suit you. 7
10 Step 3: Get your VIP-approval Once you have an idea of the type of property you want to buy, you know your budget and you have a reasonable deposit it s time to get your finances prepared. Chatting to a home loan specialist will help you to get an understanding of exactly how much you can borrow as well as estimating your repayments. Getting a pre-approval gives you the confidence to go property shopping. You can attend open homes and auctions knowing much of the paperwork and finances have been approved, however it isn t until you find the property you want that the final approval is processed. Whilst a loan repayment calculator will give you an idea of costs, you will need to speak to a mortgage specialist to assess your personal financial situation. And by getting pre-approval it allows you to shop like a VIP, knowing that you are ready to go when you find the right place to buy. 8 The pre-approval process is easy - and will save you time when you get to Step 6 exchanging contracts.
11 Step 3 checklist Arrange a meeting with a Lending Specialist at Endeavour Mutual Bank You can come to us, or we can come to you. Get your paperwork in order, collect tax returns, pay slips and bank statements to bring along to your appointment. Select a property lawyer, conveyancer or solicitor, or we can recommend one for you. 9
12 Let s look at the different loan types Variable Home Loans: The rate for Variable home loan products moves up or down with the official cash rate, set by the Reserve Bank of Australia (RBA). When the RBA changes the cash rate, the majority of variable home loan interest rates change by the same or similar amount. This means that if rates go up, so will your required repayment amount, but conversely if rates go down, your required repayment amount will drop. A variable home loan is usually fairly flexible allowing things like additional payments without penalty and the ability to redraw any extra repayments you have made. Fixed Rate Home Loans: This type of loan means that your repayment is set at a fixed rate for an agreed period of time. This type of product is ideal if you like to budget your repayment amount as it won t be affected by fluctuating interest rates. The down side of this is that if rates go down, your repayments will remain at the rate your loan is fixed at. 10 First Home Buyers Loan: This type of loan has been designed to help first home buyers enter into the property market by offering a discount rate for 2 years resulting in excellent interest savings that you can take advantage of.
13 Mortgage (Line of Credit): A mortgage line of credit facility secured by a mortgage allowing you to withdraw funds to a set limit at any time. As long as you make the minimum repayments, you can also use your Mortgage line of credit loan to pay for other expenses. Family Helper Loan: A Family Helper Loan is a home loan feature that allows parents to use some of the equity in their own home to guarantee part of a home loan taken out by their children. This gives the children the ability to borrow more, or borrow up to 100% of the value of the property plus stamp duty and other up front costs. It also helps to avoid mortgage insurance, saving your child thousands of dollars. As guarantor, you can nominate a specific amount that the guarantee is limited to and once the loan balance reduces and/ or the value of their home increases, your guarantee can be released. Hedge Your Bets! Split Your Loan Can t decide on whether you are better suited to fixed or variable? There is also the option to fix a portion of your loan and leave the remaining amount as a variable loan. 11
14 Step 4: Get the appropriate checks done If you are serious about a property you ve seen, there are a few things you should check first so you can make an informed decision about how much you wish to pay for the property. Review the contract The vendor (or seller) must have a contract of sale prepared and available for review before offering a property for sale. You can request the contract from the sales agent, and it will usually include: A zoning certificate; a copy of the title; and copies of documents outlining any other registered interests over the property. 12 Request reports Get as much information about the property as you can before you make an offer. If the property is part of a strata you can request a copy (usually for a fee). You may also like to request a Building and Pest inspection (which will cost anywhere from $200 to $1,000). Building and pest inspections will usually give you an assessment of roof space and sub-floor (to check for
15 structural damage); guttering; footings (the base of foundation walls); doors; ceilings; framing; plumbing; wiring; dampness; rot; window space (to ensure your windows are adequately sealed); report any features of the house that do not meet current regulations, including illegal extensions or alterations to the property; presence of wood destroying insects, such as borers and/or termites; and any existing and potential damage they may have or will cause. Your property lawyer or conveyancer will be able to review the contract and strata report, and discuss anything of concern. Step 4 checklist Request a contract from the sales agent. Request any other applicable reports (i.e. strata; building and pest inspections). Get your property lawyer or conveyancer to review for you. 13
16 Step 5: Make an offer or bid at auction Once you ve found a property within your price range, which meets your needs, you have pre-approval for a loan, and had all the necessary legal and property checks done, the next step is to make an offer on the property, or bid at auction. 14 Property for sale - Make an offer Put your offer in writing to the real estate agent. This should include how much you re willing to pay, any conditions such as repairs or deposit amount and a time frame for moving in. Your property lawyer or conveyancer will help you prepare a letter of offer for the property you want to purchase. Note that if the contract includes a cooling-off period, you can usually use this time to get a building and/or pest inspection done on the property. Property for Auction - get ready to bid! Set yourself a limit to ensure you don t get carried away and end up paying more than you can afford. If you
17 get too nervous, or think you may be tempted to bid over your limit, you can nominate someone to bid on your behalf. You have to register to bid at an auction, so make sure you get there minutes beforehand to register. If you are the successful bidder at an auction, a 10% deposit in the form of a cheque will need to be paid at the fall of the hammer. Also note that with an auction, there is no cooling off period. Step 5 checklist Make an offer in writing if the property is on the market for sale. If the property is for auction, register as a bidder on the day and have a deposit cheque ready, just in case you are the successful bidder. Top tip Be prepared to walk away with empty hands if it means you have to go above your budget. There will always be more properties listed for sale! 15
18 Step 6: Exchange contracts Once you have agreed on a price with the vendor, or if you are the successful bidder at an auction, you will need to exchange contracts and pay the full deposit, which is usually 10% of the purchase price. 16 You ll need to arrange for home insurance at this time, as you are the owner of the property from the date contracts are exchanged. Your contents insurance can begin from the time you move in. If you re buying a unit, you ll need to arrange a Certificate of Currency from the Body Corporate s (Strata) insurer, to make sure the property is adequately covered. Once you have a fully signed copy of the contract (signed by both the vendor and you, the purchaser), send a copy to your conveyancer and us here at Endeavour Mutual Bank. Your conveyancer will get in touch with us and this is when we will complete your loan application, to ensure that everything is ready for settlement day.
19 Step 7: Waiting for settlement Settlement time is determined by the vendor but can be negotiated. Usually it s around four to six weeks. There is a lot of things you can do whilst you are waiting for settlement. There will most likely be documents for you to sign from Endeavour Mutual Bank or your lawyer, or both. You can also do things like packing up your belongings where you currently live, or arranging for a moving company to come in and help you, or if it s going to be an investment property, this time will allow you to find a suitable tenant to move into the property, after it has settled. Other things to think about or research in this time include, mail redirection, utility providers and home and contents or landlord insurance. On the day of settlement, you will be notified when settlement has taken place and when you can collect the keys from the real estate agent. Your lawyer will take care of the actual settlement process and this is when you pay the balance of the property using your home loan, including Stamp Duty. 17
20 Step 8: Celebrate! Settlement has taken place and now the fun really begins. Pop the champagne or ginger ale and give yourself a little high-five! Well done on purchasing your first home, second home or investment property. If you re moving into your new house straight away, work out where your local take-away places are so that you don t have to worry about cooking dinner on your first few nights in your new place - after all, your pots and pans are most likely still packed in a box somewhere. Good luck with unpacking and enjoy your new surroundings! 18 Top tip If you re moving house and packing up your old place, keep a box marked Essentials where you put all the bits that make things go. Think remote controls, extension cords, batteries, torches, keys, scissors, screws you may have removed from furniture to pack it up, a basic toolkit, chargers and anything else essential.
21 19
22 Learn the lingo! Body Corporate A corporation of the owners of units or town houses within a strata building. They form a self-elected council to manage and maintain common areas. Comparison Rate The comparison rate includes the interest rate as well as most of the fees and charges payable during the life of the loan, expressed as a single percentage figure. This gives you a more realistic figure in terms of the true cost of the loan. Be aware that the comparison rate doesn t take certain fees and charges into account such as government charges and early repayment fees. Equity People talk about having equity in their home. Basically the equity is the difference between the value of the home and the amount that is owed on the home loan. For example, if your home is valued at $500,000 and you owe $320,000, you have $180,000 in equity. You can use some of the equity in your home as security and borrow against it. 20
23 Grants These rules are always changing so to find out the specifics on the government grants available you can check out all the eligibility details here: LMI LMI is short for Lenders Mortgage Insurance. This is in addition to all the other costs of buying a home. It is a one off payment which can be added to the loan (but then you re paying interest on this) and it is worked out as a percentage of how much you borrow - but you only need to pay LMI if you want to borrow more than 80% of the value of the home. LMI is paid by the borrower to ensure that the lender is covered if the borrower defaults on their repayments and they are unable to meet the commitments of the loan contract. LVR Loan to Value Ratio or LVR is the amount you are borrowing, represented as a percentage of the value of the property. For example, if you are purchasing a property valued at $650,000 and you are contributing $130,000 of savings to the purchase, you will need a loan amount of $520,000. Which means... $520,000 $650,000 = 80% LVR 21
24 Offset An offset account lets you link the loan to a transaction or deposit account. The balance in the transaction account offsets the loan principal. Interest is calculated on the loan principal minus the balance in the savings account so you end up paying less interest on your loan. Redraw A redraw facility allows you to make additional contributions to your mortgage and then redraw these extra funds. A lot of people use a redraw facility to pay for large expenses like renovation costs, school fees or overseas holidays. Generally, a redraw facility works best for borrowers who need to redraw against extra repayments infrequently. A redraw facility may not be the most appropriate product if you will need regular access to funds. Line of Credit A transaction account that has a credit limit attached to it. The borrower can generally withdraw funds at any time, up to the credit (or facility) limit. There is usually no fixed repayment schedule however the borrower is usually required to make payments to at least cover the interest and fees on the loan. 22
25 23
26 you re ready! LET THE HOUSE HUNTING BEGIN 24
27 Buyer checklist Your wish list Write the details of your ideal property here so that you can keep your goal fresh in your mind when you are attending open inspections. Bedrooms: Bathrooms: Car space: Living areas: Outdoor area: Other must haves!: Does the property suit your needs? Does it have a garden/courtyard/balcony? Does the garden require much maintenance? Is there a private car space or garage? How secure is the property? Are there any visible problems such as cracks in the walls/ceiling/foundation; signs of rising damp or any other structural damage? Is the property close to schools, shops, public transport, parks and other amenities? Will you enjoy living in the area? Are big changes needed to make the property comfortable?
28 HAPPY HOUSE buying Do you have a question for us? Come see us in branch, call us on send us an at info@secul.com.au or go online We also offer a Mobile Mortgage Lending Service We like making things easy, that s why we have experienced mobile lending specialists who will visit you at a time and location suitable to you! To arrange a mobile lender to come to you, call us on Endeavour Mutual Bank Ltd, ABN , AFSL and Australia credit licence number Terms, conditions, fees, charges and credit criteria apply. Any advice or information in this brochure does not take into account your personal objectives, financial situation or needs and you should consider whether it is appropriate for you. Please review our Terms and Conditions and Financial Services Guide before acquiring the product.
Version 1.0 September 2015 HOME BUYER. Guide
Version 1.0 September 2015 HOME BUYER Guide contents STEP 1: STEP 2: STEP 3: STEP 4: STEP 5: STEP 6: STEP 7: STEP 8: Saving for a deposit Research the property market Get VIP-approved with Select Get the
More informationFirst home buyer s guide.
First home buyer s guide. Help brings your first home closer. Contents. Preparing to buy....4 Understanding home loans....6 Saving for a deposit and upfront costs....9 Know your budget.... 13 Researching
More informationFirst Home Buyer Guide.
First Home Buyer Guide. CONTENTS 3. Where to Start 4. What to expect from you LoanSeeker broker 5. Government Help 6. Credit History Check 7. Deposit Talk 8. Finding the right loan 9. Home loan types 10.
More informationHome Buyer Essentials
Home Buyer Essentials What you need to know when buying and financing your home Finance Unlimited (03) 9379 7244 info@financeunlimited.com.au financeunlimited.com.au Suite 32a, 80 82 Keilor Rd, Essendon
More informationFIRST HOME BUYERS HANDBOOK SUPPORTING YOU THROUGH EVERY STEP
FIRST HOME BUYERS HANDBOOK SUPPORTING YOU THROUGH EVERY STEP BACKING YOU EVERY STEP OF THE WAY With ANZ, you don t just get a home loan. You get a coach who ll support you through the home-buying process
More informationFirst home? Read this guide to see what s involved. Home Loans
First home? Read this guide to see what s involved Home Loans Buying a home It all starts long before you place a bid or make an offer Buying your first home is a big deal. That deposit to save. All that
More informationProperty Investment Guide
Property Investment Guide Your guide to building wealth through property Finance Unlimited (03) 9379 7244 info@financeunlimited.com.au financeunlimited.com.au Suite 32a, 80 82 Keilor Rd, Essendon VIC 3040
More informationA step by step guide to your home loan
A step by step guide to your home loan ARE YOU A LITTLE NERVOUS ABOUT APPLYING FOR A HOME LOAN? RELAX. It s quite simple once you know what to expect. That s why we ve prepared this easy guide; it tells
More informationYour Home Buying Guide
Your Home Buying Guide What s involved in buying a home? The steps in the buying process. How do I apply for a loan and what do I need to provide? T 0412 600 150 W brisbanewaters.com.au Your Home Buying
More informationLooking to buy your first home? What to consider when it comes to getting the right loan.
Looking to buy your first home? What to consider when it comes to getting the right loan. Here are the most important things to know before you borrow. If you re looking to buy your first home, chances
More informationFIRST TIME HOME BUYERS GUIDE
20 1 7 FIRST TIME HOME BUYERS GUIDE VIPMTGINC.COM Mark Shaw SVP, Wholesale Manager Phone: 480-500-2825 Mobile: 602-418-2213 marks@vipmtginc.com vipmtginc.com NMLS ID 166607 9221 E Via de Ventura Scottsdale,
More informationHome Loans. Talk to us today.
Home Loans Talk to us today. Since 1875 we ve helped more than half a million people buy their dream home. It s what we do best. With 140 years of home loan know-how, you won t find a more experienced
More informationYour guide to buying a home.
Your guide to buying a home. Find your path to the Australian property dream with CommBank. Everyone s property dream is different - whether you re buying your very first home, buying your next property,
More informationFIRST HOME BUYER HANDBOOK BACKING YOU EVERY STEP OF THE WAY
FIRST HOME BUYER HANDBOOK BACKING YOU EVERY STEP OF THE WAY FIRST HOME BUYER HANDBOOK The home buying process can be challenging, but with the right help, you can move through each step with confidence.
More informationYOUR GUIDE TO BUYING A HOME.
YOUR GUIDE TO BUYING A HOME. CONTENTS Why partner with CommBank? 4 Your home buying journey 6 Step 1: Set your goals 8 Step 2: Work out what you could afford 12 Step 3: Get ready to buy 15 Step 4: Find
More informationHOMEBUYERS GUIDE STEPS TO HOMEOWNERSHIP
STEPS TO HOMEOWNERSHIP 1 GET STARTED When it comes to buying a home, there are a few tips and tricks you should know. Knowing the following items about buying a home can save you a lot of stress and headache
More informationRenovate or move guide
Renovate or move guide home loans Your finance journey Are you frustrated with how small your wardrobe is or the discoloured carpet in the bedrooms? Is it time for a change? If so, you will likely ask
More informationYour Home Buying Guide
Your Home Buying Guide What s involved in buying a home? The steps in the buying process. How do I apply for a loan and what do I need to provide? T. 1300 396 220 W. www.davieshomeloans.com.au Your Home
More informationINFORMATION FOR MORTGAGE CUSTOMERS.
INFORMATION FOR MORTGAGE CUSTOMERS. WELCOME TO YOUR GUIDE TO HALIFAX MORTGAGES. Fold back this page for a brief summary of key mortgage features. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP
More informationFirst-Time Homebuyer TOOL KIT. copfcu.com/mortgage. Queensgate (513) Colerain (513) Reading (513)
First-Time Homebuyer TOOL KIT copfcu.com/mortgage Queensgate (513) 381-2677 Colerain (513) 385-4808 Reading (513) 948-1234 Equal Housing Lending. COPFCU NMLS#: 399934 There s never been a better time to
More informationFIRST HOME BUYER HANDBOOK HELPING YOU AT EVERY STEP OF YOUR JOURNEY
FIRST HOME BUYER HANDBOOK HELPING YOU AT EVERY STEP OF YOUR JOURNEY FIRST HOME BUYER HANDBOOK The home buying process can be challenging, but with the right help, you can move through each step with confidence.
More informationFirst Time Home Buyer Guide. Are you ready to learn the steps to homeownership?
First Time Home Buyer Guide Are you ready to learn the steps to homeownership? Is this your first time going through the home buying process? If so, don t worry, this guide is designed to answer any questions
More informationThe Essential Guide to Buying Your First Home. Oz Home Finance/ M /
The Essential Guide to Buying Your First Home Oz Home Finance is dedicated in finding the best home loan and banking solutions for you that fulfil your requirements and save you heaps of money. We will
More informationthings to consider before taking out a personal loan on a car
4 things to consider before taking out a personal loan on a car 02 A car is one of the more significant purchases you ll make throughout your lifetime, so it s important you understand all your financial
More informationCut the. bull. buying your first home is. possible! First Home Buyers Guide
Cut the bull buying your first home is possible! First Home Buyers Guide INTRODUCTION Buying your first home can seem daunting but it doesn t have to be. At Loan Market we specialise in helping first home
More informationOBTAINING A MORTGAGE. Alycia Inglis Stoneturn Mortgages
OBTAINING A MORTGAGE Alycia Inglis Stoneturn Mortgages Introduction There are many lenders including banks, credit unions and non-bank lenders operating in the Australian property market and offering finance
More informationHOME AND INVESTMENT LOANS BE READY TO MAKE YOUR MOVE
HOME AND INVESTMENT LOANS BE READY TO MAKE YOUR MOVE WE VE GOT WHAT YOU NEED TO MAKE THINGS HAPPEN Whether you re thinking of buying your first home, your next home, an investment property, switching your
More information8 easy steps to buying your first home
8 easy steps to buying your first home There are few things more exciting than being handed the keys to your very first home and moving in. We have a range of First Time Buyer Mortgages, for new or existing
More informationBorrowers Guide to Owning Your First Home
Borrowers Guide to Owning Your First Home Introduction The Borrowers Guide to buying your first home has been designed to assist consumers in gaining a better understanding of how the lending process works.
More informationShared Ownership Step by Step Guide SHARED OWNERSHIP STEP BY STEP. your guide to the scheme.
SHARED OWNERSHIP STEP BY STEP your guide to the scheme www.rooftopgroup.org 1 INTRODUCTION The average home in the West Midlands costs nearly nine times the average local wage and private sector rents
More informationUSaver. USaver Reach. USaver SMSF. UHomeLoan. Features. 1. Save money. 2. Save time. 3. Save worry
U BANK UBank information 13.10.2017 U BANK ubank.com.au 13 30 80 Hello. We designed UBank with one thing in mind; to help you make more of your money, the easy way. Lee Hatton, CEO, UBank UBank is all
More informationINFORMATION ABOUT YOUR MORTGAGE: A GUIDE TO MORTGAGES ON PROPERTIES TO BE LET
INFORMATION ABOUT YOUR MORTGAGE: A GUIDE TO MORTGAGES ON PROPERTIES TO BE LET INTRODUCTION This guide gives details of our mortgages and is split into two parts: The first part is useful for customers
More informationFirst Time Home Buying Steps
Buying a home is one of the biggest emotional and financial decisions you'll ever make in your life time. The differences between renting and buying a home are huge, and there are numbers of pros and cons
More informationHow to buy a home EDINBURGH THE LOTHIANS FIFE
How to buy a home EDINBURGH THE LOTHIANS FIFE Feel at home with ESPC Buying a home is exciting, satisfying and also pretty daunting. There s a lot to get your head around, but if you break it into bite-size
More informationBuying & Selling Property Guide
Buying & Selling Property Guide 2016 Edition Give yourself an investment edge with our Buying & Selling Property Guide. 1 Contents Introduction 4 Buying a Property 5 Property Costs 5 1. Borrowing Costs
More informationThe Mortgage Guide Helping you find the right mortgage for you
The Mortgage Guide Helping you find the right mortgage for you Hello. We re the Which? Mortgage Advisers team. Buying a house is the biggest financial commitment most of us ever make. And it can be stressful.
More informationHow to Find and Qualify for the Best Loan for Your Business
How to Find and Qualify for the Best Loan for Your Business With so many business loans available to you these days, where do you get started? What loan product is right for you, and how do you qualify
More informationThe Mortgage Guide. Helping you find the right mortgage for you. Brought to you by. V a
The Mortgage Guide Helping you find the right mortgage for you Brought to you by V0050713a Hello. We re the Which? Mortgage Advisers team. Buying a house is the biggest financial commitment most of us
More informationBUYING YOUR FIRST HOME IN CANADA. What Newcomers Need to Know
BUYING YOUR FIRST HOME IN CANADA What Newcomers Need to Know A PLACE TO CALL HOME. A PLACE OF YOUR OWN. You ve made Canada your new home and now you re looking for a place of your own. Buying a house is
More informationFinding Buying Financing A HOME. Nothing Means More Than Having Your Own Front Door
T H E C O M P R E H E N S I V E G U I D E T O Finding Buying Financing A HOME Nothing Means More Than Having Your Own Front Door Y O U R J O U R N E Y T O Home Sweet Home Purchasing a home is an emotional
More informationInformation for mortgage customers. Mortgages
Information for mortgage customers. Mortgages Hello. This is your guide to TSB mortgages. This guide provides lots of information about our mortgages. Some of it is relevant to everyone but some of it
More informationYOUR GUIDE TO SCOTTISH WIDOWS BANK MORTGAGES
INFORMATION ABOUT YOUR MORTGAGE YOUR GUIDE TO SCOTTISH WIDOWS BANK MORTGAGES Please read this booklet alongside your mortgage conditions and offer letter. It explains our most often used policies and procedures.
More informationOur Complete Guide to Buying a Property
Our Complete Guide to Buying a Property Sherry FitzGerald Supporting you every step of the way Buying a new home is an exciting and rewarding time but the amount of new information you need to take on
More informationHOME BUYER GUIDE (PART 1)
HOME BUYER GUIDE (PART 1) Welcome to the Home Loan Advice Centre Home Buyer Guide. The information contained within this Home Buyer Guide is Home Loan Advice Centre s compilation of information, tips,
More informationMortgage advice you can depend on
Mortgage advice you can depend on Whether buying your first home, buying to let, or remortgaging it s a big commitment. This guide aims to help you understand what you need to think about making you feel
More informationHOME LOAN BASICS FIND THE HOME LOAN THAT S PERFECT FOR YOU
HOME LOAN BASICS FIND THE HOME LOAN THAT S PERFECT FOR YOU 2 CONTENTS Your mortgage broker 3 Using the services of a mortgage broker 4 Types of home loans 6 Home loans Features and options 12 Borrowing
More informationMortgages. A mortgage from the Scottish. Opens lots of new doors
Mortgages A mortgage from the Scottish Opens lots of new doors Moving home made easy In branch experts Whether you re an existing customer or you re new to the Scottish, we value your business and we aim
More informationBUYING YOUR FIRST HOME
BUYING YOUR FIRST HOME Finding the home of your dreams is the tough part, the mortgage process shouldn t be. That s why we ve created a guide to make your first-time home buying experience easier. This
More informationFirst time buyers Our guide
First time buyers Our guide What s in this booklet I want to buy a home what s the first thing I need to do? 3 What exactly is a mortgage? 3 How much can I borrow? 3 I ve found the property I want to buy.
More informationHome and Investment Loans
Head Office 117 Camberwell Road Hawthorn East VIC 3123 PO Box 338 Camberwell VIC 3124 Branch Office 687 Mt Alexander Road Moonee Ponds VIC 3039 PO Box 210 Moonee Ponds VIC 3039 victeach.com.au 1300 654
More informationINFORMATION ABOUT YOUR MORTGAGE.
INFORMATION ABOUT YOUR MORTGAGE. WELCOME TO YOUR GUIDE TO HALIFAX MORTGAGES. Please read this booklet alongside your mortgage conditions and offer letter. It explains our most often used policies and procedures.
More informationLuminus Financial s. Home Hunting Guide
Luminus Financial s Home Hunting Guide About Luminus Financial Who are we? Luminus Financial is a credit union, which means we care about people. We re a full service financial institution, with exceptional
More informationThe answer s yes your indispensable guide to securing a mortgage
The answer s yes your indispensable guide to securing a mortgage Hello from HOOCHT These days, life moves faster than ever. To keep pace with it, we re used to doing everything at lightning speed, with
More informationyears INTEREST ONLY MORTGAGES
HOMEBUYER S GUIDE Buying a new home can be a potentially daunting process so we ve prepared this step-by-step guide to help you. It outlines the buying process and gives a guide to the different types
More informationRe lease. Thinking about releasing money from your home?
Thinking about releasing money from your home? Re lease Our step-by-step guide to equity release from Aviva outlines the key factors you should consider Retirement Investments Insurance Health Re lease
More informationA guide to your mortgage
A guide to your mortgage Residential mortgages PAGE 1 OF 40 A straightforward guide to your new Paragon mortgage This guide takes you through what happens when you purchase a new home and take out a mortgage
More informationREFINANCING GUIDE Understand all your options, with our Refinancing Guide.
REFINANCING GUIDE Understand all your options, with our Refinancing Guide. 2018 ed. Michael Short 02 8091 5797 info@obtainfinance.com.au obtainfinance.com.au Obtain Finance, Australian Business Number
More informationWhy Flagstar Bank When Buying a Home?
Section I Why Flagstar Bank When Buying a Home? Section I Est. 1987 Member FDIC Page 1 We ll walk you through each stage of the home-buying process. Buying a home is a big decision. Is it the right time?
More informationMORTGAGES. The easy guide for customers looking for a mortgage
MORTGAGES The easy guide for customers looking for a mortgage Introduction Buying a Home Your home is where you ll spend most of your life, and so it should be somewhere you really love. Whether buying
More informationInformation about your mortgage. Mortgages
Information about your mortgage. Mortgages Hello. This is your guide to TSB mortgages. Please read this booklet alongside your mortgage conditions and offer letter. It explains our most frequently used
More informationFlexible Home Loan. This document sets out your facility s terms and conditions. Some key information about your facility. Terms and Conditions
Flexible Home Loan Terms and Conditions This document sets out your facility s terms and conditions In this document we ve explained the terms and conditions applying to your ANZ Flexible Home Loan. It
More informationGUIDE TO FUNDING HOME IMPROVEMENTS
GUIDE TO FUNDING HOME IMPROVEMENTS FUNDING HOME IMPROVEMENTS If you re a budding property developer, renovating your home is the perfect way to get the house of your dreams for a fraction of the price.
More informationToolkit 2 Borrowing Wisely
Toolkit 2 Borrowing Wisely Questions to Think About Before Borrowing Borrowing money is not necessarily a bad thing and done sensibly it can be a good investment for your future. Some good reasons to borrow
More informationMore Generous Daily Accounts. Click on arrows to navigate the document. Click on ESC to exit the document
More Generous Daily Accounts Click on arrows to navigate the document. Click on ESC to exit the document There are so many possibilities to enjoy each day when your banking is More Generous Tell us how
More informationEquity Release Lifetime Mortgages. Making your property work for you in retirement
Equity Release Lifetime Mortgages Making your property work for you in retirement Contents 03 Getting more out of your retirement 04 What is a lifetime mortgage? 05 Some things to consider 08 Alternatives
More informationBuying a resale property
We can help with Buying a resale property www.familymosaicsales.co.uk WE CAN HELP WITH BUYING A RESALE PROPERTY www.familymosaicsales.co.uk PAGE 1 Contents Buying a resale property 3 Why buy through a
More informationFIRST TIME HOME BUYERS GUIDE TO SUCCESS! Presented by Mike Cordell with Platinum Realty
FIRST TIME HOME BUYERS GUIDE TO SUCCESS! Presented by Mike Cordell with Platinum Realty So where do I start? Okay so you know that you are ready to purchase your first home, but where do you start? What
More informationStandard Life Active Retirement For accessing your pension savings
Standard Life Active Retirement For accessing your pension savings Standard Life Active Retirement our ready-made investment solution that allows you to access your pension savings while still giving your
More informationOne statement we continually hear after talking to new members is, I didn t think that y all did that!
One statement we continually hear after talking to new members is, I didn t think that y all did that! We started to dig into why we heard that so much, and the answer was clear there are way too many
More informationThe Home Buying Essentials
The Home Buying Essentials What you need to know when buying and financing your home Finance Unlimited Suite 32a, 80-82 Keilor Rd, Essendon VIC 3040 E: nick@financeunlimited.com.au T: (03) 9379 7244 F:
More informationto Renovation Financing
YOUR GUIDE to Renovation Financing IT S MORE THAN A MORTGAGE It Can Be Your Custom Home If you re shopping for a home, you likely have a wish list and with each house you enter, you re wondering if you
More informationMORTGAGES. TSB Mortgage Conditions 2013
MORTGAGES TSB Mortgage Conditions 2013 TSB Mortgage Conditions 2013 Please read! We know that having to read a legal contract can be off putting, so we ve decided to do things differently. This booklet
More informationHOMEPATH BUYERS GUIDE
HOMEPATH BUYERS GUIDE WWW.HOMEPATH.COM Buyers Guide Buyers Guide For a Fannie Mae-owned Home Whether you re buying your first home or your fifth, the experience can be exciting, confusing, overwhelming
More informationFirst time buyer guide
First time buyer guide All you need to know before you buy your first home. BECOMING A FIRST TIME BUYER Becoming a first time buyer Would you like to know how to buy your first home? We can help you -
More informationcatalystfinance.com.au
Which Home Loan? P: 08 9477 4188 F: 08 9477 4199 Unit 1, The Ascot Centre, 152 Great Eastern Highway Ascot WA 6104 PO Box 59 Cloverdale WA 6985 catalystfinance.com.au Linepoint Pty Ltd ACN 108 353 528
More informationJust the facts about mortgages.
August 2008 Our guides here to help you This guide is part of our Buying a home series. No selling. No jargon. No selling. No jargon. About the Financial Services Authority. No selling. No selling. No
More informationTaking charge of Shared Ownership
1 Taking charge of Shared Ownership What is it? It s a lot like buying any other home, except you don t have to pay the full price. How big is my share? It s up to you and the scheme. Most shared ownership
More informationPersonal & Car Loans Effective August 2017
Personal & Car Loans Effective August 2017 Personal & Car Loans A Personal or Car Loan from Australian Military Bank gives you the freedom to buy that new car or motorbike, take a muchneeded holiday, tackle
More informationOUR GUIDE TO BUYING, REMORTGAGING AND PROTECTING YOUR HOME
1 AND PROTECTING YOUR HOME A HELPING HAND WITH OWNING YOUR HOME. Taking on the purchase of a house can be daunting. With this step-by-step guide, we hope to make the journey a little less overwhelming.
More informationunderstand shared ownership
Helping you understand shared ownership 1 Your So Resi journey Making sure you have simple, clear information as you buy your own home Helping you understand shared ownership About buying your So Resi
More informationMORTGAGE CENTRE CANADA HOMEBUYERS GUIDE. Your Complete Manual to Home Financing. Copyright, MCC Mortgage Centre Canada Inc.
MORTGAGE CENTRE CANADA HOMEBUYERS GUIDE Your Complete Manual to Home Financing Table of Contents My Service Pledge to You 3 Your Professional Team 4-5 Types of Mortgages 6 The Process 7 What is Considered
More informationBorrowing. Portfolio Loan Basic Home Loan Building & Relocation Home Loans Super Fund Home Loan Low Doc Home Loan Seniors Access Home Loan
Borrowing Portfolio Loan Basic Home Loan Building & Relocation Home Loans Super Fund Home Loan Low Doc Home Loan Seniors Access Home Loan We all have different plans in life. At Bank of Melbourne, our
More informationExhibit Steps to Buying a New Car
Exhibit 5.1 10 Steps to Buying a New Car These 10 steps summarize the car-buying process discussed in this chapter. 1. Research which car best meets your needs and determine how much you can afford to
More informationConsumer Mortgage Lending Products
Consumer Mortgage Lending Products Terms and conditions Effective 14 December 2017 These products are issued by the Commonwealth Bank of Australia ABN 48 123 123 124 AFSL and Australian credit licence
More informationKEYS HOMEOWNERSHIP. Tips for the homebuying process, from house hunting all the way to the final closing.
KEYS to HOMEOWNERSHIP Tips for the homebuying process, from house hunting all the way to the final closing. INTRODUCTION Looking for a new home can be exciting, but the buying process also can be overwhelming
More informationWE BACK BELIEF EVERY DAY. Movers Guide Getting ready for your next home
WE BACK BELIEF EVERY DAY Movers Guide Getting ready for your next home 7 WAYS WE RE BACKING BELIEF 1 200 Dedicated Mortgage Advisors Speak with your Mortgage Advisor in your local Branch, they are experts
More informationA Guide to Buying Your Own Home
A Guide to Buying Your Own Home banking on people Getting started Getting on the property ladder can be a big step for anyone to take. With this handy guide, you ll find helpful tips for planning ahead,
More informationFirst Home Buyers Guide
First Home Buyers Guide 2015 Edition Get the extra edge and buy with confidence, with our First Home Buyers Guide 1 Contents Introduction 3 Getting your finances right 4 Organising your finances 4 Tips
More informationINFORMATION FOR MORTGAGE CUSTOMERS.
IT S EASY TO GET IN TOUCH. (( Come in e Y e Call: 03457 27 37 47 Y Click: halifax.co.uk INFORMATION FOR MORTGAGE CUSTOMERS. WELCOME TO YOUR GUIDE TO HALIFAX MORTGAGES. Fold back this page for a brief summary
More informationCongratulations, you have made the big decision to buy a home. Now what? There are many questions you will need to ask yourself before moving ahead:
Buyers Congratulations, you have made the big decision to buy a home. Now what? There are many questions you will need to ask yourself before moving ahead: BEFORE YOU BUY 1. Decide where you want to live.
More informationBuying a Home in New Zealand
Buying a Home in New Zealand (With a Christchurch flavour) July 2017 Owning your own home is still the Kiwi dream. Here are some things you may need to think about before you embark on this journey. Firstly,
More informationThe Easy Picture Guide to Insurance for People Living Independently. Your Money Your Insurance
for People Living Independently Your Money Your Insurance 2 This guide is all about insurance. Insurance is something you buy to make sure if something goes wrong, you will get money to put things right.
More informationYour investment choices and charges. Explaining the investment options and charges for our Group Self Invested Personal Pension
Your investment choices and charges Explaining the investment options and charges for our Group Self Invested Personal Pension Contents 02 Level 1 investments 04 Level 2 investments 06 Level 3 investments
More informationLooking to invest in property? Getting smart when it comes to financing your property investment.
Looking to invest in property? Getting smart when it comes to financing your property investment. Is property the place to build your wealth? Australia is a country of homeowners. If we haven t already
More informationWHICH IS FOR ME? HOME LOANS MADE EASY
WHICH IS FOR ME? HOME LOANS MADE EASY About this booklet At ING DIRECT, we try to make finding the right home loan as easy as possible. That s what this booklet is all about. All our home loans are described
More informationLife Insurance Buyer s Guide
Contents What type of insurance should I buy? How much insurance should I buy? How long should my term life insurance last? How do I compare life insurance quotes? How do I compare quotes from difference
More informationGuide to buying an annuity
Guide to buying an annuity 2 Welcome to our guide to buying an annuity You now have more choice than ever before when it comes to using your pension savings. Of course having more options can make it difficult
More informationMake one day today with
Make one day today with Contact us By telephone 08456 000 00 1 By typetalk (18002) 08456 000 00 1 By Minicom 08456 10 10 56 By post By web The One account, Woodland Place, Pinetrees Road, Norwich NR7 9EJ
More informationAMO. More money in your pocket
Revolution Home Loan An AMO Revolution Home Loan gives you a 100% offset account on either a fixed or variable rate loan with no restrictions. Most other lenders only offer an offset account with a variable
More informationTHIS HANDY LITTLE GUIDE EXPLORES THE BASICS OF CREDIT SCORING AND CREDIT REPORTING IN AUSTRALIA. TABLE OF CONTENTS
CREDIT MADE SIMPLE THIS HANDY LITTLE GUIDE This handy little guide explores the basics of credit scoring and credit reporting in Australia. EXPLORES THE BASICS OF CREDIT SCORING AND CREDIT REPORTING IN
More information