Introduction to the First Home Buyers Academy
Buying your first home is an exciting experience. But, there is a lot to think about: How much deposit do you need? How much you can borrow? Can you afford your dream home? How much will the repayments be?
This podcast episode is an introduction to the First Home Buyers Academy Steps to buying a house. Miguel will answer questions such as what is a Home Loan Pre-Approval? What do the Lenders look into in a Home Loan Application? How do the banks calculate your borrowing capacity with your Eligible Income, existing debts, and living expenses? Miguel will also discuss John and Jane’s Case Scenario. (Borrowing Capacity) Savings and Deposit options. What is a Lenders Mortgage Insurance or LMI and how to avoid it? Miguel will also look at the Funds Position for John and Jane’s case scenario. LMI vs Rent. You will also know the different Government Benefits for First Home Buyers and if you’re eligible for them. Miguel will also give you different Home Loan options and What happens next and when.
For more information call me on 0430 020 620 or send me an email.
Watch the video here: https://youtu.be/P2XFgXgyWHU
For more information call me on 0430 020 620 or send me an email.
Kind Regards,
Miguel Gonzalez
Mortgage Broker
My Loan Choices
m: 0430 020 620
e: miguel@myloanchoices.com.au
DISCLAIMER: This podcast provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
