Free

Peasy Explains why comparing lenders is a good choice to make

Event Information

Share this event

Date and Time

Location

Location

West Pennant Hills Sports Club

103 New Line Road

West Pennant Hills, NSW 2125

Australia

View Map

Friends Who Are Going
Event description

Description

Session 3: Why comparing lenders is a good choice to make


What a mortgage broker can help you compare

Here we look at the benefits of accessing a larger pool of lenders, what our recommendations are based on and what to remember when comparing interest rates.

The basic loan approval process simplified

A simple flow chart to illustrate what to expect, information on why it is important to be accurate and honest with your Broker and what can potentially delay or disrupt your application.


Policy and how each lender calculates risk differently

"Why does one bank tell me I can afford a higher loan amount than the other’’ Here we show you examples of how different lenders calculate your borrowing capacity, what kind of buffers are typically used and a bit about ways policy can vary.


Types of loans features & products that can benefit your back pocket

Interest Only, P&I, Fixed, Variable, Intro Rates, Offsets, Redraw, Line of Credit just to name a few! Here we look at the pros and cons of each and reasons why someone might select a particular loan feature over another.


Why the lowest rate is not always the best way to compare lenders

Having the lowest rate doesn’t always mean you have the best loan structure, here we help you understand what should be most important to you and what else there is to consider.


D.I.Y Worksheets

To strengthen your understanding of today's topics please make use of our free information sheets...

‘Home loan process guide’

‘Interest only vs Principal and Interest’

‘Offset Accounts’

Share with friends

Date and Time

Location

West Pennant Hills Sports Club

103 New Line Road

West Pennant Hills, NSW 2125

Australia

View Map

Save This Event

Event Saved