GETTING YOUR first HOME LOAn
Sick and tired of renting? Well now it is easier to own your own home, even if you have not saved for a deposit. Purchasing your first home can be very daunting but it can be a very exciting time in your life, where you know that you will never have to pay rent again. The mortgage market is one of the most confusing markets in Australia today.
Deaf Financial Services are there to help those deaf, hearing impaired and CODA's who are looking to purchase their first property.
- Why pay off someone else's mortgage by renting their property. Instead the money you contribute to rent could be used to purchase your first property.
- Lenders realize that there are a lot of people who have good jobs and good credit history.
- No real estate agents chasing you for rent or surprise inspections.
- By owning your own home you will be able to create wealth by purchasing investment properties.
As an investor, Deaf Financial Services is well aware that finding the right property, and structuring the investment loan is very important to take advantage of the tax breaks that come with owning an investment property.
Not only does Deaf Financial Services provide qualified investment representatives, but they also can provide qualified accountants who will ensure that your financial security and your path to wealth creation is exciting and a positive experience.
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Refinancing and consolidating debt
When your Deaf Financial Services Representative meets with you, they will be able to tell you if you are in a position to refinance, and will advise you on the most suitable way to do this while ensuring that you are looked after and get a better deal than you currently have.
When you refinance your loan, your will be asked if you would like to have a variable or fixed rate, do you want offset and redraw facilities, would you like a basic loan or a professional pack, your Deaf Financial Services Representatives will explain all these options to you and advise you of the benefits that they can create for you.
If you need money to go on an overseas holiday, pay for a wedding, do renovations to your property or are looking to purchase an investment property then refinancing your loan will help you achieve obtaining the monies to do these things.
- Other Reasons to Refinance
1) You are currently paying a high interest rate
2) You are paying unreasonable fees
3) You are frustrated because you are not getting the service you deserve
4) You want to consolidate all your credit card debt, personal loans etc
Our representatives will help you with the loan application and keep you well informed of the progress of your loan right through until it settles.
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LOAN FROM US
Obtaining a pre-approved loan is a great way to get started, as you can be realistic in looking at a property and also be seen as a serious buyer. It allows you to know exactly what you can borrow as well as let you know what your repayments will be.
A pre-approval costs you nothing; it is valid for 3 months and can be extended. It allows you to shop for a property with confidence knowing that you know where your limits are. It also can help you negotiate the purchase price lower than someone not having a pre approval loan in place.
Shared Equity Loans are designed for potential borrowers on a low to medium income who are struggling to find something decent in their price bracket. This loan offers a combination of a better lifestyle, the freedom to buy in a better suburb as well as take out a cheaper home loan up front. The down side is that it may cost you more in the long term. The deal is that the borrower can borrow 20% of the purchase price interest free and the lender gets paid 40% of the capital gain made when the property is sold or the borrower refinances the loan. The loan can be paid out in full by the borrower anytime.
If you want a loan like this, you will need to speak to a Deaf Financial Services representative so they can look at your financial situation and review your options.