Mortgage Broker mobile service Sydney Blue Mountains and Central Coast
call 0404 494 929
A bit more about home loans...
The Process
With Two Red Shoes the process is simple.
- We start with a quick conversation over the phone where we grab a few of your details and start working on some solutions.
- At a time and place convenient to you we can meet and discuss your options, talk about your income, your budget, your plans and goals and what is important to you. We'll explain the features of each loan we are considering.
- We then take away all of your information and prepare an application to the lender on your behalf. This is an important process and we have a lot of work to do.
- We then follow up the lender through to approval and then settlement keeping you updated all of the way. We'll even help you with the lender's documents and we're still with you any time you have any questions about your loan in future. Easy, done.
Choice
It's surprising to know that often the choice of lender comes down to behind the scenes policy or procedure:
Self employed and you're business is growing? There are lenders who take preference over current years income and others who will average the two, and even some who will allow you only a small percentage of that extra revenue you made. This can make a huge difference to your borrowing capacity - or even stop your dreams right there.
Investor? Some lenders are much better at recognising your goals and sources of income than others. Policies like using all of your rental income and allowing for the tax advantage an investor may have will extend your borrowing capacity.
In a hurry? Ask us who can be ready to settle fastest - an important bargaining tool in negotiating for a property, and it doesn't cost you a cent.
Features
Redraw, honeymoon period, Line of credit, Interest only, Principal and interest, offset, fixed variable....!
What does it really mean?
All of these features are explained in detail at our meeting, and how they could benefit you.
It helps us to know how you bank, how you pay bills, and lenders or bank you do or don't like, what your future goals and plans are and any changes you know are coming up for you.
All of this goes towards a comprehensive assesment of the right loan for you.
But don't worry about the jargon, we've got your back!