Property Finance? Get an expert on your side

Ray White South Brisbane works with Loan Market Home Finance Broker, Geoff Tesch, who has a wealth of lending experience and knowledge of the local real estate market to expertly assist you with finding the right home loan for your situation.

Pre-approval

Buying a home is an exciting process but you do need to be prepared.  Arranging your finance first helps you set your own limit and better positions you for a successful negotiation.  With so many home finance options on the market a Loan Market Home Finance Broker should be the first person you talk to before you even start looking for your home.

Borrowing more than $300,000

It may be possible for your mortgage broker to negotiate a discount off the standard variable interest rate –up to 0.7 per cent for loans at $300,000 and perhaps more for loans of more than $500,000, although this will depend on your general position.

Inner city property

Many would-be buyers of inner city flats and apartments find their ambitions stifled when they discover that many lenders limit the amount you can borrow to 80 per cent or less of the value of the property.

Factors such as the smaller size of the property, valuations and overall futures sales prospects can have a significant effect on the willingness of each lender to provide the necessary funds.

The types of loans available may be as broad as a more traditional suburban house purchase, including variable, fixed and split rate loan options. Depending on the lender, you may also be able to purchase an inner-city property as an investment.

Geoff Tesch

M: 0411 244 317

E: geoff.tesch@loanmarket.com.au

W: www.loanmarket.com.au