What are the costs involved in buying a home?
Before looking to purchase a property, it is essential to understand the costs involved in purchasing a property. A lot of home buyers ask this question early on when meeting with us. Costs of buying a property may include but not limited to: Lender Mortgage Insurance, legal/conveyancing fees, stamp duty, loan application fees, utility connections, Insurances.
Lending Array team can help you gauge what costs will apply to you depending upon the type of property you are buying, where you live, and other factors such as the type of home loan you want and the amount of your deposit. If you have any issues, there will be a solution that we can provide, to help you get into your new home sooner.
Which banks can approve us?
Our team of Lending Array brokers are expert and in touch with over 51 lenders. Having that many options at disposal enable us to select a bank that suits your requirements and offers best home loan package. We work directly with a range of banks as well as non-bank lenders. No matter what situation, there will be a lender who can help!
If we get pre-approval, how long does it last?
Pre-approvals usually last or are valid for normally 90 days. We can apply for an extension if your pre-approval expires before you find a property. You may not know this, but there are a few banks that do not provide reliable pre-approvals. In case you are thinking of buying a home with a pre-approval, then get in touch with a Lending Array broker first to arrange one.
What if I don't fit in regular bank criteria! Can I get a good interest rate?
Generally, it is just a matter of applying with the correct lenders, having a flexible policy and offers superb rates. This is where our Lending Array broker comes in. We will search and arrange best possible loan on the market according to your unique circumstances.
We don't live in Melbourne. Can you still help us?
Lending Array team have helped Australians throughout the country and can help you even if you are not from Melbourne. Whether it is a small regional centre or a large inner-city suburb, we have got loans approved for customers in all the territories and every state. If you want your home loan approved and get the best possible deal, then get in touch with one of our brokers.