Ibrahim Durur
Aussie Home Loans
Southbank VIC
42 posts
How much does a mortgage broker charge for their services?
Most brokers do not charge you for their service, they are paid by the bank in the form of a commision.
How do I compare home loans and choose the best one for me?
This process can be rather involved and really depends on your financial position, location of property, type of property and several other factors. Speaking with a reputable mortgage broker is your best starting point - get in touch and lets have a chat.
Can I make additional repayments on my home loan, and will this reduce the interest charged?
Yes and Yes - it's a good idea to make extra repayments toward your home loan. Even the smallest amount can make a huge difference over a 10 year period.
Is there a rule on how frequently you should/can request a mortgage rate review?
Some banks may have restrictions eg: once every six months. However it's free to ask and you are entitled to ask as often as you like.
Should I get a pre-approval before buying a property?
It is generally considered to be a good idea to have a pre approval prior to making a purchase.