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Home Loan Basics

Navigating home loans can feel complex. This guide introduces key terms, loan types, and how pre-approval can support your property journey.

Why Pre-Approval Matters

Pre-approval helps clarify your budget and shows sellers you're ready to move forward. It can also streamline your search by focusing on properties within your range.

Understanding Loan Types

Home loans may vary by interest structure, repayment terms, and flexibility. Exploring different options helps you align your choice with your long-term goals, whether you prioritise lower initial repayments, stability, or flexibility to make extra contributions.

How Buyers Agents Can Help

Buyers agents can guide you through the home buying process, including helping you understand how loan pre-approval fits into your overall strategy. Their support ensures you're well-prepared when it's time to make an offer and that your search is aligned with both your borrowing capacity and property goals.

Need Help Getting Started ?

If you're beginning your property investment journey and would like support with suburb research, shortlisting opportunities and negotiation?particularly in Sydney?Iconic Assets can assist as your licensed buyers agent in Sydney. We can work alongside your mortgage broker, solicitor and accountant as you move from planning into action.

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