Advance Homeloans

*Hate the renting cycle? Love to own your own home?* Now has never been a better time to enter the home market... Did you know?
	The QLD government provides concessions on stamp duty and $7000.
	100% finance is available at the same interest rate as regular borrowers?
	A home up to $255,000 can be purchased without investing a cent!
First Home Buyers – Some questions answered.
	What deposit is required?
	So long as you have a steady employment history, no adverse credit history and not too many outstanding loans then with a selection of banks NO DEPOSIT would be required.
	Costs, fees and charges.
	At Advance Home Loans we do not charge for our services. We are paid by the banks. Depending on the value of the home you intend to purchase will determine the amount of funds required to settle the loan. Some of these costs are Mortgage Stamp Duty, Purchase Stamp Duty, Lenders Mortgage Insurance, Mortgage registration, Land Transfer registration, building and pest inspection and legal fees. Click Here for the Cost Calculator
	First Home Owners Grant.
	The $7,000 will be available for you at settlement. As part of our service to you Advance Home Loans will take care of these details for you.
	How much can I borrow?
	This depends on your current income and what monthly expenses you have. Consideration is given to repayments on personal loans and credit card limits. Click Here to see How Much You Can Borrow
	How much should I spend on a home?
	Bluntly! When a bank lends you money to purchase your home you enter an agreement to repay the amount borrowed plus interest over a period of time. Normally 30 years. If payments are made on time the bank will leave you alone. When repayments are missed and you fall into arrears the bank will want their money or they will foreclose, (take your home). So how much should you spend on a home? An amount you can afford without hardship. Not to say there will be a little belt tightening for a while; but as your wages rise and a repayment habit is formed it gets easier. Banks will loan what seems to be an enormous amount of money, so consider what should you borrow not what you can borrow.
	What do I do from here?
	Contact us so we can individually prepare a plan for you. We research our panel of lenders and their products to find what we believe to be the most appropriate loan for you. Once we have completed our research we will contact you. At this time we arrange an appointment, normally in your home at your convenience. Once you are satisfied with our recommendations we apply for a Pre-Approved home loan. Click Here to Contact Us.