What to expect when your home loan is lodged with the bank

Hi, I’m Ella. One of the major components of my job is to call every lender we’re working with every day and chase updates on our active files for Kirsty. Each of our brokers has someone in my role doing just that. Why don’t they do it themselves? Well – Kirsty’s in with clients most days till 9.30pm and sometimes the wait to get through to a bank is measured […]

House and Land Packages or Off the Plan Purchases

With house and land packages there’s typically three options. Option 1. Where you pay for the entire house and land contract when the house is completed and you’re ready to move in. a) Most banks will not issue formal approval for a house and land package until the house is built and they can send a valuer out. Typically in these cases we recommend you put in a […]

How much Cash or Equity do I need for my Next Purchase

Kirsty explains a rough estimate on how to calculate your equity or cash required for house #2! This is not financial advice not an accurate calculation it’s merely a rough estimate to use for future planning with a more detailed assessment to be provided by your broker.