Australia’s “Big Banks” have bowed to the competitive pressure from “Smaller Banks” to reduce Fixed Interest Rates on Home Loans.
Borrowers are now able to “Lock-In” their Home Loan for 1 – 5 Years on Interest Rates below 5% p.a.
This is great news for Home Owners / Buyers however be mindful to consider your personal requirements & circumstance prior to “Locking-In” your interest rate as the wrong decision may be very costly.
Please remember that all clients of DPF Mortgage Specialists are welcome to discuss any potential changes to their Home Loan with our experiences Mortgage Specialists AT NO COST
Home buyers know they need to save 5% deposit but do you know what “OTHER” costs are incurred when purchasing a Home / Unit / Duplex / Townhouse ?
STATE GOVERNMENT DUTIES:
Stamp Duty (exemptions may apply)
Title Transfer Fee
LOCAL GOVERNMENT CHARGES:
Property Rates + Water
House Insurance / Body Corporate Levies
Solicitor / Conveyancing Fee
Pest & Building Inspection
BANK / LENDER:
Home Loan Fees
Lenders Mortgage Insurance (Applicable if your deposit is less than 20% of the purchase price – Note: Banks may allow LMI costs to be added on top of your Home Loan)
Want to calculate how much you may have to pay ???
Click on “Contact Us” or telephone DPF Mortgage Specialists ph: 0755274744
One Australian Bank has providing selected Professional groups with amazing savings on their Home Loans by waiving the requirement for Lender’s Mortgage Insurance for loans up to 90% of the property value (i.e. LVR 90%).
Waiving LMI will achieve significant savings of $8,590.00 – $58,642.00 for Home Loans of $400,000.00 – $2,000,000.00 (LVR 90%).
ARE YOU A …
Accountant, Finance Manager
Barrister, Lawyer, Solicitor
Engineer, Surveyor, Mine Surveyor
General Practitioners, Hospital-Employed Doctors
Medical Specialists, Dentists
The Bank has set specific “Eligibility Criteria” relating to the differing industries and the individuals.
ARE YOU ELIGIBLE ???
Click on “CONTACT US” or phone (07) 5527 4744 to talk with our Mortgage Specialists
WHY PAY THOUSANDS MORE THAN YOU NEED TO ???
The Reserve Bank has delighted borrowers by announcing that the record low interest rates will remain for the time being with the Official Cash Rate to remain at 2.50% in July 2014.
Senior Economists are not surprised by the RBA announcement as the majority continue to predict that interest rates are unlikely to change until late 2014 or early 2015.