Home Loan Broker

The Odds Of Finding The Best Home Loan in 2018

Home Loan Broker
Best Home Loan

The Melbourne Cup is not only known as the race that stops a nation, but also the most difficult race to pick a winner given the field comprises the best of the best. You can however improve your odds when picking the best home loan!

The odds

Just because a horse has the shortest odds on the day does not guarantee it will ‘WIN’. Similarly a home loan with the lowest interest rate does not mean it is going to be the cheapest or best home loan for you.

No two horses are the same

It’s difficult to pick the winning horse as there are many factors contributing to the likelihood of a horse winning: track conditions, weather, horse size, handicap weight, jockey experience, barrier draw and probably even a little bit of luck.

Home loans are similar to horses in that there are many varying attributes:
• interest rates
• introduction rates
• application fees
• valuation fees
• transaction fees
• monthly account fees
• no monthly fees, and
the list goes on, making it confusing to select the winner.

Choosing a home loan does not have to be a gamble – like betting on a horse.

Improving the odds of getting the best home loan

While the best way to improve your odds for picking the winning horse may be to obtain a trainer’s tip or rumour, comparing mortgages is a little easier – especially with our help!

While a low interest rate might give the appearance of being a winner, it does not necessarily factor in all the additional costs associated with the loan.

One way of determining the TRUE cost of a loan is checking the comparison rate. We have access to comparison tools to quickly and easily review rates and products across different lenders.

Speak to us and we will do the legwork for you!

Comparing the odds?

While the comparison rate can be used as a guide it is also very important to consider the features of each loan. We are familiar with the different products and can make sure that we are comparing similar products with the features you actually need and want.

It is not all about the odds

The cheapest home loan is not necessarily the best home loan for you – one of the key factors in home loan selection is matching the best home loan to your goals and objectives – both short and long term.

There are many other considerations other than the financial cost that need to be explored. What are your future financial goals? What features might you need to best support them such as access to a redraw facility or offset account or bundling with other financial products?

Picking a winner

While picking a winning home loan is not as difficult as picking the winning horse, consulting with a lending specialist will definitely improve your odds.

We present you with a range of options, explain the different products and then YOU make the final decision. Even as experts in this industry we can spend up to 10 hours or more comparing finance for you and working out the correct structure for both now and your future requirements – and we know what we’re doing.

Call the office today to find out more about the field of the best home loans currently competing to win your business.

Frankston Home Loans For The Cheapest Home Loan

Home Loan Broker
Frankston Home Loan Broker

Frankston Mortgage Broker
Are you considering buying your first home but don’t know if you qualify?

Does the thought of interest rate rises deter you from taking the first step towards home ownership?

Are you sceptical of using one of the big four banks for your home loan?

Frankston Home Loans understands this. It is why we exist.

Leave the heavy decision making to the experts in home loans. As home loan brokers we have the flexibility to get you the best home loan rates on the market today.

Frankston Home Loans Questionnaire

Does the entire process of buying a home daunt you? If so, let us do all the grunt work from start to finish.

You are lead through every step with constant communication about the progress.

Do you need to refinance but don’t know where to start?

Thinking of starting a new business but are worried about loan approval?

Let Frankston Home Loans take all that risk and worry away from you.

We make the entire loan approval process smooth and stress free for you leaving you to concentrate on other important matters like choosing your first house design, decor etc.

It is not hard to get a home loan in today’s market and here at Frankston Home Loans we are proud to have been able to help hundreds of new home owners achieve their dream of home ownership.

Visit our website today to get the ball rolling. No stress, no worries and no commitment.

Don’t give up on your dream of owning your own home. Call now!