Home loans
Buying, and wanting someone who has been on both sides of it.
Pre-approval, first purchases, upgrades and everything that gets complicated in between.
The finance clause is where deals go wrong.
Most people come to a broker thinking the job is the interest rate. It is a part of it. The bigger part is whether your finance holds up when you are three days out from settlement and something has moved.
I spent six years running auction campaigns, so I have watched that happen from the other side. I know what an agent will accept, what a vendor has already been told, and how much room there actually is in a finance clause. That is worth more on the day than a fraction of a percent.
Practically, that means getting your pre-approval genuinely assessed rather than system generated, being straight with you about what you can hold rather than what you can borrow, and being reachable on a Saturday when you are standing at an open home.
What that covers
The situations this comes up in.
First home buyers
Including the government schemes where they apply. If you have been knocked back somewhere else, that is worth a conversation rather than an assumption.
Upgrading
Bridging, selling first, buying first. Each has a different risk and the right answer depends on your situation rather than on a rule of thumb.
Pre-approval before you bid
So you know what you are working with, and so the agent takes you seriously.
Construction and renovation
Progressive drawdowns, builder contracts, and the timing questions that come with them.
Pre-approval is not a guarantee of finance. All applications are subject to lender assessment and lending criteria, and any figures discussed are indicative only.
Worth a conversation before you go to a bank.
No obligation, no application, and I will tell you honestly if I am not the right person for it. Give me a call or send a note and I will come back to you.
Belrose NSW By appointment Northern Beaches and Eastern Suburbs