La Verne Capital – Your Stress-Free Mortgage Finance Solutions Provider

Buying home is one of the most important milestones in everyone’s life. A lot of dreams, aspirations and hard work go into the process of buying a home. Deciding on which type of home to buy is a stressful exercise.

· Whether you want to buy an apartment or a duplex?

· Which area do you want to live in?

· Is it closer to the city?

· Is it a safe neighborhood?

· Are there good schools nearby?

· What should be the budget?

But borrowing a Home Loan should be easy and stress-free. Following are some of the tips to help you while borrowing a Home Loan in Australia.

1. Build starter fund to go into the down-payment.

It is always wise not to borrow the maximum available loan amount to you. The moment you decide to buy a home, start saving in a starter fund to go towards your down payment.

2. Choose the right type of Mortgage finance solutions to suit your needs.

Depending on your current financial expense commitments and your prediction for the future income choose the right type of loan to suit your needs. Whether it is Fixed Interest Loan or Variable Interest Loan or Interest Only Loan etc. make the decision beforehand.

3. Protect yourself and your family with Mortgage Protection Insurance

It is a good idea to protect yourself and your loved ones from the financial burden of the mortgage loan in times of uncertainty. Availing the Mortgage Protection Insurance on your mortgage loan will pay the balance of your loan in case you die.

4. Maintain a good credit score.

One of the key things a lender will look for while approving the loan is your credit score. It is wise to maintain a good credit score. Do not fall behind on making the repayments to your credit card or any other loans.

5. Take the help of a reliable Australian mortgage broker to do all the heavy lifting.

At La Verne Capital, our mortgage brokers in Sydney can get you up to speed with how home loans work, and walk you through all the information you’ll need to successfully apply for your first home loan. We will do all the paperwork work and heavy lifting for you, saving you the precious time and energy.

Our brokers work for you and not the bank!

For any inquiries on Home Loans call us at 1300 LAVERNE, we would be happy to help you or visit our website on www.lavernecapital.com.au