Mortgage Brokers Albury
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Speak to a mortgage broker before you buy your next home and save money, time, and effort. Enquire with Savvy and connect with local MFAA or FBAA-approved home loan specialists who search more products and lenders to find you a better deal.
How does a Savvy broker find me the right mortgage?
Our mortgage brokers work to find you the cheapest, most useful home loan for your situation and make the application process as painless as possible. They can do that for a few different reasons:
- Firstly, they partner with many lenders, so they can compare hundreds of owner-occupier home loans and specialist mortgages to find you a lower rate and a better fit.
- Secondly, they know the industry, so they can target lenders that suit your needs, means, and your plans. That also puts them in a great position to help you through the application process.
- Thirdly, mortgage brokers stick with the task once you apply. They’ll chase up progress with the lender, liaise with all parties such as real estate agents and conveyancers, and make sure your loan gets approved and settled as fast as possible.
Savvy's brokers look to match products and home loan features with borrowers, which is the best way to maximise savings on your mortgage. First, they’ll help you assess the merits and drawbacks of options like fixed or variable-rate repayments and split-rate repayments – then they’ll look to add extra value, utilising a range of solutions, including:
- You can use an offset account so that your savings reduce the length and interest payments of your home loan.
- Make extra home loan repayments and use the resulting equity to fund anything you please at the same great rate you get on your mortgage with a redraw facility.
- Use existing equity to fund the purchase of a second home, a car or even a holiday with a line of credit.
What documents will a mortgage broker need to see?
It’s a good idea to prepare as much documentation as you’ll need to apply for a mortgage before you visit a broker. That will allow your broker to figure out how much you’re likely to be able to borrow, plus they’ll be able to target lenders who suit your circumstances:
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Proof of identity |
Most lenders like to see a couple of forms of photo ID, which can be a passport, drivers licence, or government-issued ID card. Don’t worry if you don't have two forms. You’ll be able to also supply one of the following:
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Proof of income |
Most lenders will ask to see two or three of your latest payslips showing any regular overtime.
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Your regular expenses |
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Your assets and savings |
All lenders ask to see bank statements – usually for at least the last 90 days. They use this to check evidence of genuine savings.
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Current borrowing |
You’ll need to show statements for any credit or store cards, personal loans or car loans. |
What specialist options in Albury can my mortgage broker access?
There are many different home buyers out there, so mortgage brokers can turn to a broad range of specialist mortgage types when you could benefit from a specific home loan, including:
- Guarantor home loans and family pledge loans for first-time buyers.
- Professional package home loans for home buyers whose occupation qualifies them for an interest rate discount.
- Investment home loans for second home buyers.
- If you want to refinance your current home loan, a local broker can help you compare hundreds of different options.
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