Finance

Making the decision to buy your first house (or even your sixth house) is one of the biggest decisions you will ever make, so it is important to get the right professional advice.   As your situation changes with family, work and investments your financial capacity changes, so a financial health check is key to helping you make the right decisions. A Choice Home Loans consultant will appraise your current financial situation and provide you with a customised budget.  Best of all, there's no obligation. 

Rest assured that Choice offer competitive rates and great service.  With access to over 40 lenders and literally hundreds of loan options, Choice will find the finance solution best suited to your needs.    Choice  was awarded brokerage of the year by the Australian Mortgage Association in 2008, 2009 and 2012.

And, Choice consultants are the nice guys of the home financing world and know construction finance inside-out and upside-down.

Put your mind at rest and contact Choice today to understand your options and budget capacity.

Enquire

Choice makes the chore of financing your new house hassle free by doing the work for you. Consider the steps when working with Choice compared to what you need to do when dealing directly with the bank. 

1. Make appointment to see Choice
2. Complete application with Choice consultant
3. Organise to sign letter of offer and mortgage documents (return them to lender)
4. Commence construction

1. Make appointment to see Bank Manager
2. Complete application
3. Follow up pre-approval
4. Follow up fixed price tender document
5. Fax fixed price tender document and house plans to bank
6. Follow up receipt of fixed price tender document by bank
7. Follow up HIA building contract, construction plans and specifications
8. Fax HIA building contract to bank
9. Wait to receive unconditional approval
10. Follow up letter of offer and mortgage documents
11. Fax copy of letter of offer to builder
12. Organise signing of letter of offer and mortgage documents
13. Return letter of offer and mortgage documents to bank
14. Follow up bank to confirm receipt of letter of offer and mortgage documents
15. Organise copy of council approved house plans, builder's all risk insurance, HOW certificate, Building Permit from builder
16. Fax copy of council approval house plans, builder's all risk insurance, HOW certificate, building permit from builder to bank
17. Follow up receipt of council approved house plans, builder's all risk insurance, HOW certificate, building permit from builder by bank
18. Confirm settlement with bank and builder
19. Commence construction
20. Organise progress payments throughout construction with bank