Welcome to our Home Buyer Essentials Guide.
You’re looking for a new home, how exciting! This home buyer essentials guide will definitely help you out.
Owning your own home is one of the most exciting things that you will experience in your lifetime. Make sure you enjoy the process by taking the time to understand all of the steps first.
Take note that this blog post is just a summary of the “Home Buyer Essentials PDF Guide” that is available in our downloads page. You can definitely download the complete guide here.
Now, let’s briefly walk you through the process.
Planning
Whether you’re a first-time home buyer, or a next home buyer, the first stage is to meet with Key Choice Lending. We will be your mortgage broker. This step is important to make a clear plan for achieving your home ownership goals.
The planning process we do at Key Choice Lending includes:
- Understanding Borrowing essentials
- Knowing what deposit you will need
- Doing your research
- Understanding the costs involved
- Knowing your entitlements
Pre Approval
It’s time to get financial peace of mind. We’ll work with your chosen lender to conditionally approve your home loan application, so you can go house hunting with confidence.
Home loan pre-approval allows you to confirm that it will be possible to get a home loan and determine how much you can borrow. In this step, there are also documents you need for pre-approval.
Home loan pre-approval is usually subject to you meeting the required terms and conditions of the lender—for example, being able to provide the loan documentation required and proving you have a deposit.
Pre-approval looks at your personal circumstances in order to determine your borrowing power. With a few simple questions and documents provided by you we can work with the lenders on your behalf to get you the go ahead to start seriously looking!
You may check the documents you need for pre-approval on Page 16 of the “Home Buyer Essentials PDF Guide”
Finding
Once you have your deposit and know how much you can afford to spend, you can begin house hunting. We’ll work with you every step of the way to find and secure your dream home.
With our help, the process of finding and securing your dream home will be exciting, not stressful. We’ll take care of the logistics every step of the way, and always act with your best interests in mind.
At this step, Key Choice Lending we will guide you through the following:
- Step-by-step guide to owning your home
- How to buy a property
- Guide You with the Key questions to ask a real estate agent
- Choosing the right loan for you
- Home loan features
Settlement and Getting the Keys
For formal approval we’ll need to get just a few more documents together and then that’s it! We’ll do all the administrative steps from there to turn your
pre-approval into a settled home loan. You can officially start planning your house warming!
The last step is to dot the i’s and cross the t’s; that is, to finalise the legal and financial aspects of your home. We’ll be with you throughout these final steps, and beyond, for any questions you may have.
At this step, Key Choice Lending we will guide you through the following:
- Settlement day expectations
- Tips for repaying your mortgage sooner
- What happens next and How else can we help as your mortgage broker
Home Buyer Essentials Guide – Conclusion
Basically the Home Buyers Essentials Guide could give you all the information that you need when it comes on purchasing your home. We at Key Choice Lending will implement these steps for you. We will help you as your mortgage broker and guide you purchasing your home.
Get in touch with us to start planning your financial future.
