FirstPoint Mortgage Brokers’ Post

Your Loan-to-Value ratio (LTV) can influence your ability to qualify for certain loan programs. 📊🏡 Lower LTV ratios are often seen as less risky, which can open up more favorable lending options. 💰✨ Let's discuss how managing your LTV can improve your borrowing power. Contact me today! #MortgageTips #HomeLoans #FinancialAdvice #RealEstate #HomeBuying #LendingOptions #CallToday

If you receive two estimates from different lenders with a large difference in the interest rate, ask for a loan estimate to see the charge breakdown. Sometimes a lender will charge points, but not explain what that is. You buy points to lower the interest rate which can be very costly in some cases. #themoreyouknow #realestate #abqrealtor #realbroker

First, make sure to SAVE this post so you can come back to it! Here are 🖐 questions to ask your lender… 01 – What types of loans do you offer, and which one best suits my needs? 02 – What are the current interest rates, and how do they affect my monthly payments? 03 – What fees will I be responsible for, and are there any potential discounts or waivers available? 04 – What documents do I need to provide, and what’s the timeline for approval and closing? 05 – Can you explain the loan terms and conditions, including any potential penalties or prepayment fees? 👉 If you or someone you know are thinking about buying or selling 🏡, please message me!  #lenderquestions #mortgageloan #realestateagent #moveyourway #KellerWlliamsRealtyPremier

Buying a home is exciting but you need to understand deposits and loans before you start. Larger deposit can mean lower monthly loan repayments and less interest being charged. Learn about the Loan-to-Value (LVR) to save on costs. https://lnkd.in/gPCZVdAf #HomeBuyingTips #Homeownership #MortgageAdvice #LoanToValue #HomeLoan #FinanceEducation #FinancialPlanning #HomeDeposit #MortgageTips #SmartBorrowing #InterestSavings #airbroker

#PersonalFinance | A #homeloan🏠is called a 'good' loan because it helps you acquire a tangible asset that can appreciate over the long term. It makes sense to buy a house if you plan to live in. Here's a look at the lowest home loan interest rates of some leading banks.

Comparison rates: why they’re NOT what they seem! Comparison rates are usually based on a $150,000 loan over a 25 year loan term. Really?? Don’t be misled by inaccurate online figures and unrealistic scenarios. Message me to get clear on your options! #mortgagebroker #australianproperty #financetips #comparisonrates #homeloanhelp #firsthomebuyer

You have to check the details. Not all loans are the same and your situation might be different from the one your parents got just a few years ago. If you need help understanding how to review your options we offer a FREE No-Obligation review. If you’d like to connect with us and see if you’ve been provided the correct information from your lender, we’re here. #realestatetipsoftheday #mortgagetips #newhomes #rates

The reason interest rates are high right now is because the banks want as many loans purchased today with a high interest rate so that they can make money on the refinances down the road. #lowkarangroup #realestate #realestateinvesting #kellerwilliamsrealty #interestrates #2024market

Are interest rates the be all and end all? In the wise words of the world's most down-to-earth multi-billionaire - Warren Buffett - price is what you pay, value is what you get. You might see loans out there with relatively low interest rates. These are usually no-frills loans that you may find restrictive later on. Some lenders will reserve their lowest interest rates for their lowest risk customers. So if you work in a certain industry, or you have an impeccable credit history with a hefty deposit, then perhaps you'd qualify for a super low rate. Speak to us if you want help deciphering the various loan products. We're here to help you find a loan you can live with! #360fs #360financialstrategists #financialplanners #financialadvice #melbourneproperty #melbournerealestate #realestateau

Have you considered the ideal down payment size for your situation? A #downpayment reduces your loan amount and signals your commitment to lenders. Ready to explore down payment options from 0% to 20%? Reach out today. #HomeFinancing