FIRST HOME BUYERS
Exciting but a bit daunting = The Great Australian Dream.
We are here to help with finding the right finance for your first home. Walking you through your finance options step by step, utilising state government incentives and finding the best funding can be a long but rewarding process.
Crimmins Finance would like to help the first homebuyers process to be an enjoyable one.
Finding out how much you can afford to pay is probably the most important information needed when entering the housing market. Crimmins Finance is here to help you gain pre-approval.
Family Guarantor Loans
A guarantee loan can give you a head start by making it easier to get into your home faster. These types of mortgages allow you to make up for the fact that you don’t have a sufficient deposit saved by using the equity in a family (normally parents) member’s house as security on your loan. This also allows the borrower to borrow more and avoid or minimise expensive LMI (lenders mortgage insurance) costs.
Guarantors can determine what portion (%) of the loan they will secure.
Once you have paid off part of your loan or your property has increased in value then you can apply to remove the guarantee. Want to know more ? Please make contact at anytime.