With something as important as buying a house, it is natural to want to be confident about your decisions at every stage of the process.

To indulge in a sports metaphor – anything less than a slam dunk simply won’t do.

That means you need to take the time and put the effort in to cover all your bases, whether selling a current property, locating a suitable new house or arranging your home loan.

One of the open secrets of buying property is that the earlier you sort out your loan finance, the easier the rest of the process can be.

For instance, you will probably be wondering what most buyers do – how much can I borrow?

It’s natural to be curious about your borrowing capacity – it is also really helpful to know this as soon as possible in your property journey.

It will help you to develop realistic boundaries for your property search and give you an early indication if more financial discipline is required on your part before you are ready to achieve your goals.

If you are in fact where you need to be, it is a great idea to get home loan pre approval before you start seriously looking for potential places.

This way, when you find somewhere you are genuinely interested in, vendors can see that you are a serious buyer and they may often give preference to those who have already arranged their finance.

You’ll also be able to make offers with confidence and bid at auctions, where each bid is unconditional.

Probably the best thing about getting your mortgage finance sorted sooner rather than later is that by consulting with an expert Trusted Mortgage Broker, you can benefit from their knowledge and experience with all aspects of the home buying – and selling – process.

Trusted Mortgage Broker has a great range of mortgage calculators to help with all those tough decisions that come with finding the right loan. Have a look at our calculators on our website to help you further. www.trustedmortgagebroker.com.au/calculators/

About the Author

Sue Hayter

Sue's service commitment is fantastic. At Trusted Mortgage Broker we work with our clients to ensure they understand their options, know exactly how much they can borrow and ensure they choose the right home loan and the right lender that is not unsuitable to their individual needs.

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