I Have Saved Up My Deposit … What Next?

I Have Saved Up My Deposit … What Next?.

If you have saved up a deposit, and are unsure what to do next, you are not alone.

We often get asked “What next?” by borrowers who are ready to start the loan application process but don’t know where to begin.

Assemble your success team.

Whether you are looking to buy your first home or build an investment portfolio, you will greatly benefit from having the right team of professionals around you.

A good accountant, solicitor and buyer’s agent will help you navigate the buying process. They can offer sound advice about structuring and negotiating as well as your rights and responsibilities.

Don’t forget your broker.

When it comes to borrowing, the most important expert you can call on is a finance strategist.

The biggest advantage of using a mortgage broker is that they have access to a wide range of lenders and products.  

If you have specific needs, a broker can hunt down the best type of loan available. If you deal with a bank directly, you will only have access to that bank’s loans. Keep in mind that they may not have what you are looking for.

A good broker will guide you through the loan application process. They will tell you everything you need to do to get the ball rolling.

They will assess your situation and find the most appropriate loan for you to apply for.

This will help you avoid being knocked back by lenders. It will also help increase your chances of success both now and further down the track.


Disclaimer: Please note that the information given in this video blog is only applicable to a number of scenarios and may not be relevant to your financial situation. For more tailored information regarding your own credit report, we would urge you to seek advice from a professional who is privy to your personal circumstances and can give information specific to your financial situation. Please get in contact with our team if you have any questions regarding your own credit report, or would like any help regarding your own finances.

Leave a comment



Let's chat

Take the next step and book a chat with a Financial Strategist today.

zinger-favicon

Norwest Macarthur Point, Suite 118, Level 1, 25 Solent Circuit, Bella Vista NSW 2153

Zinger Finance can find a solution, no matter what your finance needs are. If we can’t help, we will find you someone who can!

Zinger — a quick and smart response, something that produces startling results. It’s not just our name, it’s our philosophy

CREDIT LICENSEE

VOW FINANCIAL PTY LTD

AUSTRALIAN COMPANY NUMBER 138 789 161

AUSTRALIAN CREDIT LICENCE 390261