When choosing the right home loan, Mike Buchecker offers many options to suit different needs and preferences. From first-time homebuyers to experienced investors, Mike has a variety of home loan products to cater to everyone. With access to a panel of lenders, he can also negotiate and secure competitive rates and favourable terms for his clients, saving them time and money in the long run.
Mike Buchecker's expertise and knowledge of the mortgage industry are not just limited to standard financing situations. He has a deep understanding of complex scenarios, such as self-employed individuals, borrowers with bad credit, and investment property loans. Mike takes the time to work closely with each client, valuing their unique circumstances and tailoring a home loan solution that best fits their needs. He also takes pride in educating his clients on the intricacies of home loan products, ensuring they make informed decisions.
Why choose Alan & Vicki
- Mortgage Broker of the year
- Over 21 years experience
- Access to over 40 lenders.
- Backed up by his team of professionals
- Meet at a time that suits you.
How can a Mortgage Broker help?
A Mortgage Broker can help you compare many mortgages from a range of lenders, whether you’re applying for a first home loan, or simply seeking to switch lenders for a better deal. Also, if you’re unsure about your borrowing power, a Broker can help you choose a home loan you can realistically afford. If you have any questions about your financial situation, it’s wise to seek advice from a professional finance specialist such as a Successful Ways Mortgage Broker.
How do I know which Home Loan is right for me?
There are literally hundreds of home loans available, so when selecting the right mortgage, make sure you choose a product with a competitive interest rate and repayment options that match your needs. Popular home loan categories including variable, fixed rate and split loans
What is Lenders Mortgage Insurance
LMI protects the lender from the risk associated with giving you a loan that is more than 80% of the property’s value. In the event that you default on your mortgage and the proceeds of the sale of your property fail to cover the remaining loan balance, the insurer pays the lender the shortfall. You can have your lender add the LMI fee to your total loan amount or pay it up front.
What does a lender look at when you apply for a loan
Typically, a lender wants to see the last two consecutive payslips, breakdown and evidence of Funds to Complete (3 months of bank statements showing salary credits and savings pattern), 100 points of identification, and if you’ve found a new home, a contract of sale with names matching your ID.
