How To Get Your Home Loan Approved

How To Get Your Home Loan Approved | TOP 10 TIPS!

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Mortgage Broker Australia - Hunter Galloway

Күн бұрын

Are you thinking about buying a home in 2022? Unless you've been living under a rock, you'll know the banks have seriously cracked down on home lending recently. In fact, some banks want to know absolutely everything - right down to those late-night uber eats habits. So, if you're wondering how to boost your chances of getting your home loan approved, look no further!
Here are our TOP 10 TIPS to getting your home loan approved in 2022:
00:00 How To Get Your Home Loan Approved!
00:18 Tip #1 - Debt To Income Ratio!
02:20 Tip #2 - Your Property Matters!
04:50 Tip #3 - Have Your Deposit Together & Ready!
06:50 Tip #4 - Check Your Spending Habits!
08:41 Tip #5 - Should You Check Your Credit Score?
10:56 Tip #6 - Credit Limits Matter!
12:41 Tip #7 - Don't Change Jobs!
14:27 Tip #8 - How Many Applications Is TOO Many?
15:29 Tip #9 - What Actually Affects Your Loan Applications?
17:12 Tip #10 - Why Do Banks Decline Your Loan?
For some more great information on making sure you're ready to get your home loan approved, I'd recommend you read our step by step guide here - www.huntergalloway.com.au/hom...
Or if you'd like to know how to get a home loan with no deposit, have a read of the below - www.huntergalloway.com.au/no-...
But as always, for more information get in touch with Jayden and the team at www.huntergalloway.com.au/
For home loan enquiries
www.huntergalloway.com.au/con...
Find Jayden here:
www.huntergalloway.com.au/fre...
/ mortgagebrokerbrisbane
www.huntergalloway.com.au/mor...
/ jaydenvecchio
T: 1300 088 065
E: www.huntergalloway.com.au/con...
Mortgage Broker Brisbane - Hunter Galloway
Head Office: 3 Latrobe Tce Paddington QLD 4064
PO Box 841, Paddington QLD 4064
CBD Office: Level 20, 300 Queen Street Brisbane, QLD 4000
Hunter Galloway are an Award Winning Mortgage Broker based in Brisbane. We help clients from our local area, Australia, and all over the world. We believe buying a home should be stress-free and uncomplicated, and we will work for you to make your dreams become reality.
Our team here at Hunter Galloway is here to help you buy a home in Brisbane. Nathan & Joshua Vecchio are Senior Mortgage brokers who specialise in making your home journey easy.
Unlike other mortgage brokers who are just one person operators, we have an entire team of experts to help make your home loan journey as simple as possible.
If you want to get started, please get in touch and we can book a time that suits you - either a phone call information session or a face to face meeting (which doesn’t cost anything for you).
www.huntergalloway.com.au/con...
#buyingyourfirsthome #top10tips #homeloans
DISCLAIMER:
This video offers no Legal, Financial and Taxation advice, and the information contained is general and does not take into account your personal situation. The Listener acknowledges, consents and agrees to the viewing of the content presented on the Channel is subject to the full Disclaimer (below) and agrees to be unconditionally bound by this Disclaimer.
Full Disclaimer here - www.huntergalloway.com.au/you...

Пікірлер: 22

@paigemartin1096 2 жыл бұрын

You guys give solid advice. I watched your videos a lot for motivation and to stay the course so to speak when I was saving for a deposit. We were shocked on how much junk our money went towards! So for 2 solid years, we drastically changed our spending habits: cut subscriptions (piggy banked off mum & dads netflix), paid off debts, ate at home, own depreciating assets outright, so no latest and greatest car no phone plans etc and definitely NEVER EVER AFTERPAY. the list goes on.... Family of 5 we managed to save 20% in 2 years and we were offered more money than we needed (we only borrowed what we needed, even though it was exciting at the thought of buying a mcmansion). We put in the hard work and we got the first house we applied for. The bank was literally blown away when viewing our spending. The advice is literally being covered in this video, you just have to listen! Wants vs needs. If you can tell the difference, your bank account will look amazing. My relationship with spending is forever changed. Good luck everyone, stay the course.

@MortgageBrokerAustralia 2 жыл бұрын

Thanks for sharing Paige, so happy to hear and appreciate the feedback!

@SusiePettit 2 жыл бұрын

this was super helpful, thank you!

@MortgageBrokerAustralia 2 жыл бұрын

Glad it was helpful!

@SusiePettit 2 жыл бұрын

do you have a video on how to pick the best lender?

@MortgageBrokerAustralia 2 жыл бұрын

Thanks Susie, please check out: www.huntergalloway.com.au/hub/get-the-right-home-loan/ Alternatively, we'd be happy to help with a product comparison. There is no cost for our service and feel free to reach out here: www.huntergalloway.com.au/contact/

@massimilianomarrazzo2392 2 жыл бұрын

Having already a property outright can help to get the loan to purchase an investment property?

@MortgageBrokerAustralia 2 жыл бұрын

Sure can, please check out: kzfaq.info/get/bejne/o9ZgnNp4ntLdj40.html

@massimilianomarrazzo2392 2 жыл бұрын

Can you make a video for Aussie expats investors? How challenging is getting a mortgage for them?

@MortgageBrokerAustralia 2 жыл бұрын

Great suggestion and will put that on the pad

@stephaniekueckens9908 3 ай бұрын

What if i have missed rental payment on my history in the last 12 months, will i still get approved for first homw low deposit scheme?

@MortgageBrokerAustralia 3 ай бұрын

Speak with your bank or chat to your broker on how to best approach, they may not need to see your 12 month rental history sometimes its only 6 months. We can have a look and see your options hit up our team - www.huntergalloway.com.au/

@Dv8rAssassin 2 жыл бұрын

I’ve been applying through lendi atm and the broker who was assigned to me has stopped replying to my emails it’s rather frustrating.

@paigemartin1096 2 жыл бұрын

Omg stay away from lendi!!!! Read google reviews on that company. Horrible Horrible brokers. Run as fast as you can. Buying a property is so stressful, let alone e being ghosted while your hanging in limbo

@MortgageBrokerAustralia 2 жыл бұрын

Thanks for watching Ice, sorry to hear and feel free to reach out with us here: www.huntergalloway.com.au/contact/ if we can be of any assistance

@Dv8rAssassin 2 жыл бұрын

@@MortgageBrokerAustralia I’ll be in touch soon. Thanks.

@johney3734 2 ай бұрын

I Only got a credit card to get a credit score. Is it better to close it

@MortgageBrokerAustralia 2 ай бұрын

In Australia, having a credit card doesn't impact your credit score in the same way it does in America, as long as you manage it responsibly. If having the credit card doesn't affect your borrowing capacity, it’s fine to keep it open. Keeping it might even help demonstrate your ability to manage credit effectively, provided you pay off the balance on time and don't accrue high amounts of debt.

@johney3734 2 ай бұрын

@@MortgageBrokerAustralia thank you

@johney3734 2 ай бұрын

My wife is a training doctor and her wage will double in the next year. How can we deal with this

@MortgageBrokerAustralia 2 ай бұрын

Unfortunately, banks won't use projected income when assessing your eligibility for a loan, so you'll need to rely on your current income. Once your wife's income increases next year, you may be able to apply for a larger loan amount as the banks will consider the higher income at that time. For now, you could explore options for a loan that fits your current financial situation, and potentially consider refinancing or revisiting your borrowing capacity once your income changes.

@johney3734 2 ай бұрын

@@MortgageBrokerAustralia thank you