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Fixed rate Home loans

A fixed rate home loan is a loan that is fixed at a certain rate for a period of time. Generally speaking most banks offer fixed rate home loans over 1,2,3,4 and 5 years. Some lenders offer 7,10 and 15 year fixed rate home loans. With a fixed rate home loan, generally... Read More...

Variable rate Home loans

A variable rate home loan is a home loan where the interest rate varies when either the Reserve Bank of Australia increases or decreases the official cash rate, or the banks or lenders change them. Most banks or lenders offer discount basic variable home loans. These... Read More...

Offset accounts Home loans

An offset account home loan generally has a savings account in which the balance of the savings account directly offsets against the balance of the home loan. For example if you have a home loan of $100,000 and you have a... Read More...

Refinance

EVA Quick Finance help u in place of primary residency mortgage Refinancing , Replacement of an existing debt obligation with another debt obligation under different terms. The terms and conditions of refinancing may vary by loan , province, or state, based....Read More...

Line of Credit

A Line of credit is a home loan that is more like a credit facility. With this type of home loan you have a credit limit, and if you owe nothing, you pay nothing that month. If you owe $10,000, your repayment that month will be the interest charge on $10,000...Read More...

Professional package Home loan

The term professional package home loans may sound confusing or maybe misleading. A professional packaged home loan is generally a home loan product offered by most banks where you have fully featured banking, and...Read More...

Low Doc loans

The Term Low Doc Home Loan, means Low Documentation Home Loan. These loans are generally targeted towards people who are self employed, and may not have completed their financials or tax returns yet. All banks and lenders have different guidelines when it come to low...Read More...

Credit Impaired Home loans

Credit Impaired mortgages are home loans available if you have credit defaults, court judgements or writs or may have been bankrupt. Things happen in life at times where you may of found yourself in trouble financially. Credit...Read More...

Planning to buy your First (Dream) Home

When considering whether or not to purchase your first home you may have alot of questions, like where do I Start? , What do I need? A good place to start is with aMortgage Broker. This way you can learn if, or how much deposit you need, how much can you borrow. In the meeting with your Mortgage Broker you will have all the information you need, to get ready to purchase your first home. Your Mortgage Broker may even put together a plan, if you're not quite ready to purchase your first home.

Below mention three basic Things banks and lenders require when financing your loan.


  • Your Job History and Income

  • Your Current Credit Commitments

  • Deposit

Once you are ready to consider pre approval home loan finance, some of the paperwork you may require to apply for a home loan is



  • Latest 1 to 4 payslips depending on the bank and the frequency of your pay.

  • Latest payment summary or group certificate may be required.

  • 3 to 6 months bank statements, where you deposit is held (if a deposit is required) Your passport and driver’s license (or other acceptable ID, both for the bank and for the first home buyers grant)

  • A copy of original bank statements for any other financial commitments you may have (like your latest credit card statement)

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