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Loan Help: Choosing the right type of loan

The mortgage market is very competitive there are more loan products than ever before, which makes selecting the right home loan product even more difficult. Choosing the right loan structure is just as important as the right product.AAA Mortgage Solutions offer a comprehensive selection from all the major banks & second tier lending institutions.

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Here is a list of things to consider when looking for home or investment property finance. When contacting a AAA Mortgage Solutions Mortgage Consultant, we’ll be happy to discuss and evaluate all your options and answer all your queries.

  • How much can I borrow?
  • How much deposit do I need?
  • How much would my repayments be?
  • What government fees are payable?
  • Am I eligible for the First Home Owners’ Grant?
  • How much can I get for my existing property?
  • How much will I need for a property in the areas I am considering?
  • How can I tell which loan type is right for me?
  • How do I know which loans offer the right flexibility?
  • What added features/flexibility do I need (e.g. redraw, extra repayments, switch to fix, etc)?
  • Which loan is the most cost-effective for me?
  • What documentation do I need when I apply?

http://www.aaamortgagesolutions.com.au/loan-help/how-to-choose-the-right-type-of-loan/

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