There seem to be more and more First Home Buyer enquiries each week, which is a good sign. Not all are in a position to get a Pre-Approval to buy straight away but they’re there. The majority have some saving to do still for their first home loan but importantly, in my opinion anyway, they’re finding out what can and can’t be done… making informed choices which is always a wise decision.

Another interesting sign as a Mortgage Broker is the interest in Self Managed Superannuation Fund loans.

I never thought these would have a big part of the market but they seem to be becoming a more real option with the underperforming share markets, etc.

I always recommend every borrower sees an Accountant and Financial Planner before a client takes this path, but at least these loans offer another option rather than being handcuffed to the traditional Superannuation options.

As always, there are people with Home Loans looking for better products and interest rates. Rate and fees aren’t the be all and end all but they’re a good starting point when we’re looking at helping a client save more money or structure their borrowings better. I go on and on about making informed decisions… this is no different.

As your Mortgage Broker I want you to be a client for life. The only way to make that possible, for me anyway, is to be open and honest with you. After that, the choices are yours.