How To Bust Those Home Loan Myths

When you start telling people that you are planning to buy your first home, you might notice something odd happening around you.

All of a sudden, everyone is a property and home loans expert! Who knew such a wealth of knowledge was lying dormant in your friends and family.

Now there is nothing wrong with a bit of friendly advice, but it can quickly get confusing when you start getting contradictory messages.

Is it a buyer’s market right now or a seller’s one? Are property prices going up or down? Are we in a bubble and if so does that mean we are all going to float away?

The truth is that property is a complex subject with many factors at play. Your best bet is to listen to everyone and use your own good judgement to sort the truth from the speculation.

When it comes to home finance however, you can trust that a mortgage broker will give it to you straight.

They’ll tell you exactly how much you can borrow, help you find the best home loan solution and take you through the application process step by step.

To get more detailed information on your situation, talk to a Loan Market mortgage broker today.