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Keith Brady Real Estate

544 South Pine Road Everton Park

07 3355 0455

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Finding the Right Mortgage

4 Mar 2011 Everton Park 0 Comment

One of the fundamental parts of buying a home is of course figuring out how to finance it.
For most of us a mortgage is needed to purchase a property and before we take one out it’s important to do lots of research and compare different mortgage options.
A lot of people start their mortgage search online, but it’s also a good idea to go and have a chat to a mortgage broker or financial lender as they may be able to offer you invaluable advice and point you in the right direction.
In general, you will probably be advised not to spend more than 30 percent of your household income towards a home loan, but this may vary depending on your situation.
Here are some other things worth considering when it comes to home loans:
There are a lot of things to consider and compare when choosing a mortgage, so look through all of your options carefully.
Of course not all buyers choose to have their finances pre-approved, but if you’re going to make the purchase of your property conditional upon finance, then it pays to at least have checked that your capable of borrowing the amount that you need to, so you don’t end up disappointed.

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