are buying a new home or refinancing your present one, it is wise to do some
comparison shopping among lenders. A low interest rate isn't the only criterion
by which to evaluate a loan. You should also consider the terms of the mortgage,
what your closing costs will be and the reputation of the lender.
estate agents are a good source of information about loans and lenders, whether
you are buying a home or just refinancing your present home. We routinely
assist buyers when they need a bond in order to purchase a home. We know what
loan packages are available and the qualifying requirements.
becoming more innovative and offer a variety of packages, such as special deals
for first time buyers or preferential rates for graduates. Your bank, as much
as you like them, might just be your worst option for bond.
in good economic times, banks become extremely competitive in attracting
customers. Understand, that you are their livelihood – without borrowers, they
close down. The customer is king and you need to flex that consumer muscle. We
are slowly moving away from the big daddy approach of banks to a more realistic
supplier/customer based relationship.
companies with the lowest rates sometimes have very conservative underwriting
guidelines, and may not be willing to make loans on certain types of property
or to buyers who are marginally qualified. We can tell you which companies and
loan officers will go the extra mile to provide excellent service to make sure
that the transaction closes.
the banks have had to come to terms with the fact that many customers have less
than perfect credit history and have adopted a more flexible approach in this
regard. Unless you are a truly bad credit risk in terms of past credit
behaviour, one of the banks is going to want to say yes to your application
article on Bond Originators to assist you in looking at the options
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