Mortgage Broker Cessnock | Home Loans Cessnock
Searching for a property to buy in Cessnock?
Median property prices over the last year range from $372,750 for houses to $330,000 for units. If you are looking for an investment property, it's good to know that houses in Cessnock rent out for $360 PW with an annual rental yield of 5% and units rent for $310 PW with a rental yield of 4.9%. Based on five years of sales, Singleton has seen a compound growth rate of 6.3% for houses and 2.9% for units.
Mortgage Broker in Cessnock
Our promise to you is that we will save you hours of research and paperwork. As a Mortgage Choice broker in Cessnock, we don't favour lenders as we are paid the same rate regardless of the lender you choose to go with. Plus, our service is at no cost to you!
We will also compare hundreds of highly competitive home loan options from a wide choice of lenders, including the big banks to ensure you secure the right loan for your personal situation.
"How much can I borrow for a property?"
The first step when purchasing a property is to figure out how much you can borrow. Knowing how much you can borrow will allow you to set your purchase price limit and provide an understanding of what your repayments will be.
There are a lot of things to consider when working out how much you can borrow, such as your contribution^, if you are eligible for any government grants or concessions if there are any specific lender requirements such as genuine savings and how much you can afford or want to repay each month.
As your local mortgage broker in Cessnock, I will be able to give you a clear and honest answer so you can be confident when the times come to finance the property.
Home Loan Property Guides
If you would like to do some of your own research first, make sure you check out our home loan resources below!
- Step by step guide to property ownership
- Guide to refinancing
- Guide to buying your first home
- Guide to property investing
If you're ready to speak with a Mortgage Broker in Cessnock, then reach out to Ben Hassett from Mortgage Choice on 0400 652 809.
We can also help you with:
- First Home Buyer Loans
- Mortgage Broker Maitland
- Mortgage Broker Singleton
- Car Loans & Leasing
- Investor Loans
- Borrowing capacity calculator
- Property guide to investing
- First home buyer property guide