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what are the factors I need to consider

If you’re looking for a home loan, we can help you find the right one. We provide loans for owner-occupied homes, investment properties, and anything in between. Talk to one of our lending specialists to get started. With loans with offset accounts, $0 application fees, and many more features, you can be sure that you’ll get the best deal for your unique money situation.

Buying a house can be a daunting task – it’s not the same as going to the restaurant and getting a piece of paper indicating that you own a property. For many Australian buyers, it takes weeks or even months to successfully complete a home purchase. Applying for a home loan is one of the first steps you should take when buying a home. It is important to be aware of your finances and your capabilities to ensure that the whole process goes without major obstacles. There are some basic things Australian home buyers should know before applying for a home loan. Ask yourself the following questions to guide you in choosing the best home loan deal: Have you saved enough to invest? Before you even start looking for a lender, be able to assess your current financial situation, your savings, and the security of your income stream. It is also essential to check your credit status. The next action on the to-do list is to make sure you have enough money to pay 20% of the value of your property. This is one of the strongest obstacles to overcome, especially if you are buying a home for the first time.