Your new home loan in 3 simple steps

7 March, 2017

Are you looking for ways to save more? Maybe you’re getting ready to take the plunge with your first home, or finding your existing home is too small for your big lifestyle.

This month, we’re focusing on home loans, to help you meet your financial goals faster.
Approaching a new (or refinanced) home loan can be daunting. We work with people everyday to make this process smoother and reduce the fuss. So, what can you do to take control and stress less?
 

1. Get credit smart

When was the last time you had a good hard look at your credit history or current lines of credit? When we think about home loans, we often think the first step is to achieve the right savings balance for a deposit. It’s equally important to start with an honest and realistic understanding of your debt (remember: not all debt is bad debt!). Check in on your credit now and avoid any surprises later on.
 

2. Work with someone you can trust

As the old saying goes, a trouble shared is a trouble halved. So who will you choose to share this important milestone with? It’s important that you can work closely with, and really trust, any lending provider or financial adviser. As a locally-based business, we often hear our members reflect on the ease of working with CWCU, compared to bigger institutions. We are here to help our community flourish, and that also means helping them reach their financial goals.
 

3. Clarify your goals

Can you clearly articulate what you’re looking for in a home loan and (of course) a home? Being clear on exactly what you want to achieve will make it easier for your lender to offer the right service, and make sure your loan is in line with not only where you are now, but where you want to be in the future. What features do you want to look for in a home loan? Is it an investment property, a short-term (3-5 year) reno or your dream home, where you’ll raise a family and grow old?

We would love to hear your goals, and help you work toward them.
 

Want to know more about home loans?

View our range of mortgage products and let our team point you in the right direction.


Did you know that we can come to you to discuss a new home loan, no matter what stage of the process you're in?

Leave us your details for an obligation free chat about your goals and home loan options. Our Mobile Relationship Officer, Tony, would love to meet you - any time, any place. It’s just another way we provide a more personalised service, and reduce the hassle for our members.

Don’t wait, learn more about our mobile relationship officer and let us call you today!