What happen's next?

Sit back and relax. Let us do all the hard work!

When you are ready to go ahead we can put together the complex loan application and manage all the correspondence. 

Finance Tactics make it easy.  We will guide you from start to finish, and best of all it’s a FREE service.

The first step is for you to provide us with an overview of your situation and requirements.  Once we receive your completed questionnaire, it is likely that we'll contact you to discuss your situation and our advice further. 

Although each loan transaction is unique, most applications for mortgage finance involve seven clear steps to completion. Here is a flow chart that demonstrates the process for a typical mortgage transaction:

Click here to download a copy

What to bring with you

Although each lender has slightly different requirements, this checklist gives you a good idea of what to bring to your meeting with Finance Tactics.  

ID

  • Passport OR Birth Certificate; AND
  • Driver’s Licence

Income information:

For PAYG / salary earners:
  • 2 recent payslips; OR bank statements showing pay deposits and a letter from your employer; AND
  • Last 2 group certificates; OR last 2 ATO tax assessments
For self-employed applicants:
  • Last 2 years personal tax returns; AND
  • Last 2 years ATO notice of tax assessments; AND
  • Last 2 years company returns

Property:

  • Existing properties: Copy of council rates notice;
  • New purchases: Copy of the contract of sale

Other Documents:

  • Purchase: 6 months bank statements showing savings history;
  • Refinance: 6 months of home loan and/or credit card statements.

Click Here to download your checklist

Costs to consider

Now is a good time to start thinking about the different costs that may arise.

Lender Fees

  • Application Fee
  • Valuation Fee
  • Lender’s Mortgage Insurance Fee (for loans greater than 80% loan-to-value ratio)

Government Charges

  • Stamp duty on the purchase 
  • Mortgage registration
  • Transfer Fee

Other costs

  • Conveyancing – your legal fees
  • Financial advice
  • Removalists
  • Any adjustments in rates and taxes

As each situation is different, Finance Tactics would be happy to provide you with an estimation of your likely total costs, based on your requirements and furthermore, show you how to keep these costs down. Please call us on 08 8294 0246 or Contact Us for further information.