Our team of experts will facilitate the entire bond application on your behalf with up to 9 major banks and structure the best deal for you at no cost at all!
Benefits of Pre-qualification
- If you make an offer on a home and then apply for the loan, you are at the lender’s mercy, who is aware you do not have time to shop around.
- Pre-qualified clients save time looking at houses they can afford
- Pre-qualified clients have the edge when multiple offers are being made on a property
- Pre-qualified clients will receive a quicker turnaround time on their approval as most of the work has already been done.
Factors influencing your Mortgage Finance Offer
Your credit history, type of Mortgage you chose, loan amount and market conditions all affect your interest rate.
The loan amount and purchase price you qualify for is determined by your income and monthly debt.
Your nett disposable surplus income must be sufficient to cover the bond installment.
Your monthly bond repayment cannot exceed more than 30% of your gross joint monthly household income.