There are so many different home loan products in the market it is hard to decide which loan best suites your needs. DKL Financial Solutions is dedicated to providing professional and easy to understand home loan solutions. Whether you are buying your first home, upgrading your current home or looking to refinance our professional home loan brokers can assist with all of your home loan enquiries.
Some aspects of an application that can affect approval
* Size of deposit required* First home owners grant
* Lenders mortgage Insurance* Full Doc loan Or Lo-Doc loan
* Capacity to repay the loan* Net asset position
* Your credit history and credit score* Whether the loan is Not Unsuitable for you
Which Home Loan
With so many different loan products on the market, finding a home loan is not as simple as it used to be. There is a range of options available to you that may save you money, provide you with greater flexibility and peace of mind. DKL Financial Solutions use expertise and experience in the home loan market coupled with a unique computer software program that enables them to compare hundreds of loans in a matter of minutes. Will then be able to provide you with a short list of loans that are both competitive and suitable for you – simplifying the loan selection process.
Refinancing Your Home Loan
There is no reason to wait until you sell your home or buy another property. If you are not satisfied with your current loan, why not start saving now? You can save thousands by switching to a more appropriate home loan. Saving made as a result of lower interest rates and low or no monthly fees can be sizeable. When these savings are added to your repayments, they can cut years off your home loan and save you a considerable amount.
Consolidating Debt Into Your Home Loan
Do you have a personal loan, credit card debt or car loan? It is possible to save a considerable amount in interest payments by combining these debts with your home loan. While this can be a good idea in many cases, you should consider a couple of things first. Such as, are there any exit costs on your short-term loans, which would cancel out any benefit derived by consolidating with your home loan? You will also need to be careful not to end up paying more by spreading your repayments over a longer period of time.