Trusted Home Loan Provider | Australia | Loan Magnet

Home Buyer Home Loans - Loan Magnet

First

About • We're Australia's Most Trusted Home Loan Platform. • 1+ million Aussies have used Loan Magnet to get a better deal on their home loans. • Loan Magnet is a team of industry experts that will source & deliver the best industry options for our client needs & circumstances. Our professional team will take the time to get to know you and build a long-term relationship, analysing your financial position & your goals to deliver the best solution that is entirely tailored to you.

Step By Step Guidance for a First Home Buyer:

• Apply for a home loan pre-approval

The First Step towards buying your new home is to obtain a pre-approval from the lender. A pre-approval gives you the thumbs up from the lender that they have checked all your documents required for a loan and will give you a conditional approval. Most property vendors require a copy of the pre-approval to accept your offer of purchase. Pre-approval tells you how much you can borrow based on your income and savings history.

• Find Your Property

With pre-approval in hand, you then have the confidence to approach vendors on private sale and auctions. You will exactly know how much you can spend on the property purchase. Once Property offer is accepted, we proceed with the valuation process to obtain formal approval.

By Step Guidance for a First Home Buyer: • Settle your loan and move into the dream home Once unconditional approval is obtained, we assist in signing loan documents and put all other things in place to make sure settlement of the property happens within stipulated timeframe. Then you move in and make it a home.

Step

Grants

& concessions

first home buyer There are a number of grants and concessions available to first home buyers from both a federal and state level. These are all designed to help new buyers get a foot on the property ladder. First Home Owners Grant (FHOG) – First Home Loan Deposit Scheme – Stamp duty exemptions – Reduced Lenders Mortgage Insurance Your eligibility can vary depending on your state and territory. It’s always smart to chat to an expert first. Talk to us today to see how we can help.

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Contact Us Mail Us @ query@loanmagnet.com.au david@loanmagnet.com.au Call Us @ 1300 536 534 +61 412 358 193 Reach Us @ Lending Legends Pty Ltd t/a Loan Magnet, Suite 1402, Level 14, 401 Docklands Drive, Docklands Vic 3008

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