Home Loans

Buy your First Home, Next Home or Dream Home sooner with a Home Loan

At Empire Road Investments, we understand the journey of buying a home can be a significant chapter in your life. Whether you're a first-time buyer or looking to upgrade, our expertise in Home Loans is designed to support residents in Perth and across Australia. With access to a range of Home Loan options from banks and lenders across Australia, we aim to provide you with the most suitable solutions tailored to your financial situation.

When considering Home Loan options, understanding the various aspects is crucial. One key factor is the interest rate. It influences your monthly payments and the total cost over the life of the loan. We offer guidance on both fixed interest rate home loans and variable home loan rates, helping you decide which suits your needs best. Fixed interest rates provide certainty with predictable repayments, while variable interest rates might offer more flexibility and potential savings if rates decrease.

Another important consideration is the loan to value ratio (LVR). This ratio compares the loan amount to the value of the property you wish to purchase. A lower LVR might help you secure better terms, such as interest rate discounts. Additionally, understanding your borrowing capacity is vital. It depends on factors like your credit history, income, and existing financial commitments. We assist in evaluating these elements to determine a realistic loan amount that aligns with your financial goals.

Applying for a Home Loan also involves navigating other costs like stamp duty and lenders mortgage insurance (LMI). Stamp duty is a government tax that varies by state, while LMI may apply if your deposit is below 20% of the property’s value. These costs can affect your overall budget for buying a home. Our team can help you calculate these expenses and incorporate them into your financial planning.

The Home Loan application process may seem complex, but with Empire Road Investments, it becomes more straightforward. We offer a streamlined application process that begins with getting pre-approved. Home Loan pre-approval gives you an idea of your borrowing capacity and shows sellers you are a serious buyer. We guide you through this process, which involves submitting bank statements and other financial documents to assess your eligibility.

In the current property market, having a clear understanding of your financial situation and Home Loan options is essential. Calculating home loan repayments accurately ensures you can manage them alongside your other expenses. Additionally, features like an offset account can reduce the interest you pay, as it links your savings to your Home Loan. These tools can be invaluable as you plan your finances.

Our role at Empire Road Investments is to facilitate access to Home Loan options that fit your needs. Whether you are interested in exploring variable home loan rates or securing a fixed interest rate home loan, our team is ready to assist you every step of the way.

As you consider taking this significant step in buying a home, remember that Empire Road Investments is here to help. Our expertise in Home Loans ensures you have access to competitive Home Loan Rates and comprehensive support throughout the process. If you're ready to apply for a home loan or need more information on how to get pre-approved, contact us today and let us guide you towards achieving your dream of home ownership.