Exploring mortgages in Australia with the help of mortgage brokers
39Could a new arrival in Australia apply for a home loan? Yes, a person residing in any city in Australia is eligible to find a decent home loan from Australian banks and private financial firms working in Australia. Though leading banks and lending institutions deny money to temporary residents but a new arrival could find mortgages in Australia with the help of a broker.
Temporary visa holders face many obstacles when applying for home loan. Their applications are rejected on first screening and also banks don't listen to their polite requests. It is true that the government has mandated in the favor of new arrivals but it is up to the banks to lend them money or not. There are rules that clearly say that a temporary visa holder shouldn't be denied loan but the reality is just opposite. Only silver lining for 457 visa holders is that they could get real help from finance consultants.
It is not that only temporary visa holders need services of financial consultants as permanent residents looking for mortgages in Australia could also take financial consultants' help when applying for loans. People who are applying for home loan for first time could take advantage of first home owners' benefits. In this scheme, one who has not applied for any loan could get up to or more than $7000 as first home owner benefit. The amount may vary from one state to another.
Permanent residents who are applying for first time could take guidance from their financial consultants and take advantage of the first home owners' benefits provided by the government. An ideal consultant would always suggest his clients to take advantage of this benefit. How much amount one could get under this benefit depends on many factors. Your consultant could tell you exact benefit after assessing your needs.Only silver lining for 457 visa holders is that they could get real help from finance consultants.
People who have already taken home loans but are not satisfied with their repayment options and interest rates could explore the mortgages in Australia and find easy loan payment options. They could take the job on their own or look for help. A financial consultant with good understanding of Australian mortgage industry could help. There are many consultants working in different Australian cities. They could be contacted through their websites.
There are many options in mortgages in Australia. People looking for new loan or change of lenders could find lucrative options with the help of mortgage brokers.
Temporary visa holders face many obstacles when applying for home loan. Their applications are rejected on first screening and also banks don't listen to their polite requests. It is true that the government has mandated in the favor of new arrivals but it is up to the banks to lend them money or not. There are rules that clearly say that a temporary visa holder shouldn't be denied loan but the reality is just opposite. Only silver lining for 457 visa holders is that they could get real help from finance consultants.
It is not that only temporary visa holders need services of financial consultants as permanent residents looking for mortgages in Australia could also take financial consultants' help when applying for loans. People who are applying for home loan for first time could take advantage of first home owners' benefits. In this scheme, one who has not applied for any loan could get up to or more than $7000 as first home owner benefit. The amount may vary from one state to another.
Permanent residents who are applying for first time could take guidance from their financial consultants and take advantage of the first home owners' benefits provided by the government. An ideal consultant would always suggest his clients to take advantage of this benefit. How much amount one could get under this benefit depends on many factors. Your consultant could tell you exact benefit after assessing your needs.Only silver lining for 457 visa holders is that they could get real help from finance consultants.
People who have already taken home loans but are not satisfied with their repayment options and interest rates could explore the mortgages in Australia and find easy loan payment options. They could take the job on their own or look for help. A financial consultant with good understanding of Australian mortgage industry could help. There are many consultants working in different Australian cities. They could be contacted through their websites.
There are many options in mortgages in Australia. People looking for new loan or change of lenders could find lucrative options with the help of mortgage brokers.
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