Mortgages In Australia For First Home Buyers And Temporary Residents
Online, October 29, 2012 (Newswire.com) - Looking for mortgages in Australia has become an uphill task with the many banks and private financers trying to attract home buyers but with very different rates, features and benefits. Shopping around can help but only a broker can get you the best home loan product.
"Everyone wants to own a home. There are people, who are buying a home for the first time and there are also real estate investors that want to take advantage of the expanding real estate industry. Non-residents staying in Australia on temporary visa sare also looking for financial help. In short there are many home buyers and each buyer has different requirements. Similarly there are many lenders and each one has different procedures and policies," said a leading mortgage broker.
Our job is to connect buyers with lenders. For instance first home buyers could be entitled to government grants. We can determine if you are entitled to receive the grant or not. If you are eligible for the grant, we will prepare your case. In case, you are ineligible for grant, we will find the best home loan product for you.
Temporary visa holders finding difficulty in locating the right mortgages in Australiacan be denied a loan due to the different lenders policies. A temporary resident is allowed to buy property in any city in Australia and he or she can also take advantage of the first home owner's grantsif they are applying with a permanent Australian resident.
"Being a mortgage broker, we have business relations with every lending institution including banks and private financers. We know how to process loan applications and the documents needed to make a case strong.Whether you are a first home buyer or a temporary resident, we can find the right lender for you," added the broker.
It is the temporary visa holders that suffer most as they are denied loan by leading banks and private financers due to their lending policies. But there are some banks that have home loan products for non-residents. We know these lenders and we can also help temporary visa holders with theirhome loan. If you are a first home buyer then we can select the best mortgages in Australia for you.
You can start the preparation for relocating to your new home, while we explore the mortgages in Australia for you. It would take us a few days to find the right mortgage that suits your needs best.For more information visit http://www.cbmmortgages.com/