There’s a lot to think about when you buy your first home. How much you can afford borrow, where do you want to buy and what type of property do you need? Inspections, comparisons, negotiations. You are probably wondering how you can fit all those extra appointments into your busy day. Contacting us is an excellent first step because your Mates Rates mortgage broker was a first home buyer once too.
Experienced First Home Owner Help
Each of our mortgage brokers has a wealth experience helping first home buyers throughout Australia to make their first home a reality. Your dedicated broker makes it simple by
- helping you choose an ideal home loan from hundreds of different products offered by leading lenders
- completing all the necessary paperwork for you
- helping you understand the other costs like stamp duty, conveyance and bank fees
- helping you apply for the First Home Owners Grant if you are eligible
Put simply our mortgage brokers understand you and are paid professionals who help make your home ownership dream become reality.
Your Mates Rates mortgage broker listens and talks
When you first talk with your broker you’ll be asked a number of important questions about your financial position. The more accurate this information is, the better your broker will be able to help you. All information is confidential. The first call usually takes less than half an hour and your broker then leaves you to get on with life, whist the get to work tracking down the best loans from our panel.
With a wealth of experience, your broker determines the features and requirements using independent loan evaluation software and information to find which loans are most suitable for you from the many lenders on our panel. Your broker looks at things like repayments, interest rates as well as, features like offset and redraw facilities and how much you can borrow from each lender.
Simple help in plain English
Your broker then prepares a written report which outlines the best 3 options Mates Rates can offer, including important information such as an explanation of features offered, different lender fees and mortgage rebates we can offer for each solution. The report includes a personalised Comparison Rate as well, to help you better understand the different overall cost of each loan from each lender.
After that your broker will discuss the options and, when you have chosen your loan, will complete all the necessary forms for approval by the lender and you’re off and running.
Just getting ready?
If you haven’t found the home of your dreams, your broker can arrange pre-approval so you’ll have the peace of mind of knowing how much you can borrow.
In today’s competitive housing market, you’ll have a head start on other purchasers and with Mates Rates, you’ll stay in front.
