Buying a home is a big decision and generally, it takes some time to find the right home. This gives you the opportunity to check out the lending options and products available that best suit your particular needs and circumstances. Most lenders will approve a loan ‘in principle’ (pre-approve) which allows you to look for a property with a specific budget in mind.

Choosing the right home loan is as important as choosing the right home. Home loan lenders fall into two main categories banks and non-bank lenders, such as credit unions, building societies and mortgage originators.

Right now there is healthy competition between lenders for your business. SportzMortgage has a wide range of lenders from all of these areas, so we do suggest that you take your time to thoroughly research the products, packages, options and repayment methods each offers.

To assist you in your research and ultimate selection we have a state of the art technology platform that allows you to tell us what you want and what you don’t want in your loan. Once we have entered this information a selection of the most suitable options (based on your preferences) will be short listed. A short discussion following this stage will help you decide. Some of the determining features that might be considered is the access to a branch network, internet facilities, add on features etc.

The office for Consumer Affairs Victoria will confirm that the loan with the lowest rate may not necessarily represent the best overall value when you take into account fees, charges and repayment flexibility. Hence it pays to discuss these matters in some detail with a SportzMortgage professional accredited loan specialist.