Why Choose Ausfirst Lending?

At Ausfirst Lending, we do more than just find loans; we build lasting relationships by offering personalised advice and ongoing support. Here’s why Milton locals trust us:

• Extensive Experience: With 25+ years in the Milton property market, we provide tailored mortgage solutions that work for you.
• Access to a Wide Range of Lenders: We partner with over 40 banks and specialised lenders to bring you competitive deals.
• Free Service: Our service comes at no cost to you. We are paid by the lender once your loan is settled, and we ensure complete transparency by disclosing all fees upfront.
• Convenient and Flexible Appointments: Meet with us in person or virtually, at a time that suits you.
• Ongoing Support: Our relationship doesn’t end when your loan settles. We continue to review your loan to ensure you always have the most competitive rates.

Maximise Your Borrowing Potential: Manage Credit Cards Wisely

Credit cards can impact your home loan approval, but smart management can minimise the effect. Pay bills on time, reduce credit limits, or consolidate cards to improve your borrowing capacity.

Our experts will help you optimise your credit profile, enhancing your loan application for better approval chances and more favourable rates. It’s also essential to consider closing unused credit cards before applying, as this can boost your creditworthiness in the eyes of the lender. Understanding how lenders calculate credit card debt in your borrowing capacity is another key to maximising your approval amount.

Strengthen Your Loan Application: Credit Scores and Property Valuations

Low property valuations or credit scores can complicate the loan process. We tackle these issues upfront, ordering free valuations and minimising unnecessary credit checks to protect your credit score and strengthen your application.

Having a good credit score can also improve your negotiating power with lenders, potentially securing you lower rates or more flexible loan terms. Keeping your credit inquiries to a minimum while you’re in the process of applying is critical to avoiding any red flags.

Save More with Loan Features that Work for You

Finding the lowest interest rate is important, but loan features matter too. Offset accounts, redraw facilities, and extra repayments can save you thousands over the loan’s lifetime. Even a slightly higher rate might end up cheaper if it comes with the right features.

We simplify the process by comparing the latest options from 40+ lenders. We’ll help you find the right balance of interest rates and features to suit your financial goals. Remember, features like the ability to split your loan between fixed and variable rates can provide both stability and flexibility, allowing you to take advantage of changing market conditions.

Avoid LMI and Save Big

Lenders Mortgage Insurance (LMI) is paid by the borrower but protects the lender. Avoid this cost by saving a larger deposit or reducing your Loan to Value Ratio (LVR) to under 80%.

We’ll guide you through strategies to reduce or avoid LMI costs. If saving 20% isn’t practical, we’ll explain how LMI can help you enter the market sooner and how to manage the costs effectively. Additionally, some lenders offer limited-time exemptions from LMI for certain professionals or for buyers in specific areas, so it’s worth exploring these options with your broker.

Get It Right the First Time: Understanding Lender Policies

Each lender has unique credit policies that can impact your loan approval. At Ausfirst Lending, we ensure your application is perfectly aligned with lender requirements, reducing delays and boosting your chances of success.

Understanding the finer details of bank policies, such as how different lenders treat casual or freelance income, can also be a game-changer for non-traditional earners. Our knowledge of specific lender preferences ensures your application fits seamlessly into their criteria, saving you time and frustration.

Seamless and Stress-Free Loan Process

Finding the right loan in Milton can be overwhelming, but we make it easy. With access to over 40 lenders, we compare a wide range of home loan products to ensure you get the best deal. Our cutting-edge technology connects directly to banks, giving you access to competitive rates without the hassle.

Whether you’re buying your first home or investing in property, we offer solutions that fit your financial goals. We can help you avoid unnecessary Lenders Mortgage Insurance (LMI) fees, and many of our lenders offer special deals for first-home buyers, making it easier for you to save even more.

Secure Your Future with Tailored Loan Features

Finding the lowest interest rate is important, but other features like offset accounts and redraw facilities can save you thousands over the life of your loan. We’ll guide you through your options to find the perfect balance between rates and features, ensuring that your loan aligns with your financial goals. You can even split your loan between fixed and variable rates to provide both stability and flexibility.

Milton Property Market Insights

Navigating the Milton property market can be tricky, especially when it comes to identifying areas with oversupply or areas primed for growth. With our local expertise, we can guide you through the market, offering valuable insights that could save you from paying higher deposits or help you make smart investment decisions.

Strengthen Your Loan Application

A successful loan application depends on several factors, such as your credit score and the property valuation. At Ausfirst Lending, we tackle these issues head-on. We offer free property valuations and work to keep unnecessary credit checks to a minimum, ensuring your credit score remains strong. This increases your chances of securing the best possible loan terms.

Avoid LMI and Save Big

If your deposit is less than 20%, Lenders Mortgage Insurance (LMI) may be required, but we can help you avoid this cost. By reducing your Loan to Value Ratio (LVR) or exploring professional discounts, we’ll find ways to help you save. If LMI can’t be avoided, we’ll guide you on how to manage this cost effectively.

Hassle-Free Loan Application Process

Applying for a loan with us is simple:

1. Submit Your Information: Provide us with your personal and property details.
2. Quick Approval: We’ll present loan options from our network of lenders, often within two business days.
3. Receive Your Funds: Once approved, your loan funds are transferred in as little as three days.

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