Home loan Services Offered by Jerry Gibb - Your Mobile Mortgage Broker
Buying a property is a time to be excited. Don’t waste it looking for a loan.
Because we work for you, a broker will always put in that extra effort.
- We’ll meet at a place and time that suits you.
- We do the legwork.
- You’ll get a choice of different lenders.
- You’ll have more options.
- We do the hard work.
- We consider a range of options for you.
Our Main Mortgage Services:
Buying A Home
It’s a big decision, so it’s good to have someone there to help you make the right one.
Buying a home is one of the biggest things you’ll do in life. We’re here to help you by making sure you have the info and options you need to find the finance solution you’re looking for (for the house you want).
There are so many home loans to choose from, with new ones always being introduced, not to mention special offers and other ‘deals’. As a broker we’ll not only help you find a loan that suits your particular needs, but we’ll also help you complete the paperwork, and submit the application for you.
It’s why more than half of Australian borrowers now use a broker to secure a home loan.
Becoming A First Home Buyer
Buying your first home is an exciting, but big step to take and one that comes with many questions and decisions. The first big question is how much you can borrow and what your likely repayments will be.
That’s where we can help, we’ll do the legwork for you. We can compare home loans across a variety of products available from Australia’s leading lending institutions.
And because you’re a first home buyer, you may be eligible for a first home buyer grant. This grant may be available to Australian citizens or permanent residents who wish to buy or build their first home, which will be their principal place of residence within 12 months of settlement. As grant conditions vary from state to state, contact us to find out more about eligibility requirements in your state and how much grant money you could receive.
We will also liaise with the lender. It’s our job to do the hard work and you can focus on finding the right home for you. We’ll be there every step of the way to guide you through the entire home loan process – from application to approval.
Building A New Home
New home sales are back on the rise, fuelled in part by many investors and owner-occupiers buying off the plan. The concept is straightforward: put up a deposit (usually 10 per cent) to help the developer fund construction and pay the balance when the build is complete. Apartments are now springing up at a rapid rate in capital cities and popular holiday locations with the confidence that property prices will rise, handing buyers a tidy capital growth when they eventually take possession.
Developers sell off the plan to entice as many sales commitments as possible to then secure from their lender the finance they need for the build. Because buyers are essentially handing over their deposit for the promise of an apartment they won’t see for one to two years (or more), prices are set at current market rates with incentives often offered to entice buyers. This adds to the capital gain potential, but price rises are never guaranteed, as we have seen in past years.
In exchange for your deposit, the developer should provide a contract that outlines the details of your particular purchase, the completion date for the development and the deadline for when a decision must be made as to whether the development will go ahead. That decision usually hinges on whether sufficient finance has been secured. If the developer pulls the pin or passes the decision deadline, you should be entitled to a refund of your deposit, but this depends on the conditions of the sale contract, so it pays to read this document carefully and if required seek financial or legal advice. Full payment for the property is not required until settlement, which is usually one to three months post completion.
While buying off the plan looks great on paper and can reap rewards, getting in on the ground floor of a new development is not always a fast track to making money. Haven looks at how you can make the most of the opportunity and avoid some of the common pitfalls.
Refinancing Your Home Loan
But where to start? We can help you weigh it all up.
As time marches on, situations change. Perhaps you’ve changed jobs? Or there’s a new addition to the family? Maybe you would just like a better rate? Maybe it’s the advent of school fees, or perhaps the kids have flown the coop? Or maybe that leaking shower or tired kitchen has just reached the end of its life.
A shift in circumstances may mean it is time to revisit your home finances. For many, the idea of refinancing a mortgage can be daunting. Fees and fixed versus variable interest rates need to be considered.
The right refinanced loan might help you to pay off your mortgage faster and for less, clear unhealthy debt or upgrade and add value your home, all of which are steps in the right direction.
Investing in Property
Research and having the right people to help you are the keys when investing in property.
It definitely pays to do your homework on the property market before you dive in, and we’re thrilled to be on board to help you when it comes to financing your decision. Recent share market slides, tight rental markets in most capital cities and a whiff of increase in property prices are seeing many mum and dad investors retreat to bricks and mortar.
Generally, property in Australia is still considered to be a sound investment due to steady and consistent increases over time.
But it’s not a quick win. Property usually has a seven to ten year cycle, with highs, lows and steady stints in between.
Fortunately, an ongoing housing shortage in Australia and a tax system that allows negative gearing on property (where any investment losses can be claimed as tax deductions) continue to favour housing as a solid, long-term investment.
But credit has tightened in the wake of the Global Financial Crisis so lenders are more cautious about who borrows and for what. We are here to help find the right lender and loan for your circumstances in this new environment. We can also wade through the many investment loan options on offer, leaving you more time to find the ideal property.
You asked we answer:
Why do I need a mortgage broker?
Mortgage brokers make a profession of finding the perfect home loans for their clients. Without the industry contacts and first-hand knowledge that we have available, costly mistakes can be made, causing no shortage of regret among everyday Australians. If you want the absolute best deal, a mortgage broker like Coastline Mortgage Services is a must-have. Whether you’re in the market for your first home or crafting a portfolio of investment properties, we have access to a massive variety of loans from a host of Australia’s leading lenders.
When Should I see you and what should I expect from your services?
It’s never too late to approach us at Coastline Mortgage Services. Whether you’re saving for your first home, wishing to use the equity in your current one, or just wondering if your current lender is offering you the right deal, you can make an obligation-free appoint with us at any time, in a place that suits you.
We will ask about your current financial circumstances, determine your objectives, and discover what things are important to you with acquiring a home loan. For example, flexibility might be important because you plan to start a family or you may want ready access to equity for a rental property or a renovation project. Whatever your plans, we will use our extensive contact-base and our knowledge of the market to ensure we find the perfect home loan to suit your needs. Remember, we work for you, not the lender.
And remember, if you are unsure of anything when it comes to your mortgage, we at Coastline Mortgage Services are just one call away.
What areas and Suburbs do you provide services for?
We service Baldivis, Porth Kennedy, Warnbro, Waikiki, Safety Bay, Shoalwater, Halls Head, Avocet Island, Greenfields, Coodanup, Dudley Park, Silver Sands, Meadow Springs, San Remo, Yunderup, Madora Bay, Lakelands, Singleton, Golden Bay, Secret Harbour, Rockingham, & all over Perth. We are the best mortgage brokers in Mandurah.
How Much Can I Borrow for a New Home?
If you are asking yourself, how much can I borrow for a new home or apartment, you must also be asking the question of how much should I borrow? The figure that may be approved by a bank or mortgage broker may not be the same as the amount you can comfortably manage. Therefore, you need to ensure that you create your own budget prior to any loan approval to ensure the mortgage repayments you will be making each month for the years to come are manageable.
Borrowing the highest amount you can may get you that dream property, but the added costs of buying a house along with maintenance, repairs and possible interest rate rises can whittle the bank balance down quickly.
How many years of experience do you have?
We have been doing this since 40 years. So, there is nothing in this business that we can’t help you with.
What are your Main Services?
- Buying A Home
- Becoming A First Home Buyer
- Building A New Home
- Refinancing Your Home Loan
- Investing In Property
Are you looking in the market for a home loan? Get in touch, to get the ball rolling!
We provide fast and efficient funding. More than that, we provide constant and ongoing support, ensuring that you are always in the know.
