After having rented in Mudgeeraba, on the Gold Coast, Lenka decided it was time to buy a family home. Upon seeing a number of open homes, she fell in love with a two storey townhouse in a gated community complete with a pool and tennis court. What set the property apart from the others were the beautiful new floorboards, modern kitchen and ducted air conditioning.
Luckily the home was within their price range and the couple felt they would not be stretching themselves too thin with loan repayments.
The couple had moved from Sydney in 2015 with their now eight year old son and fell in love with the Gold Coast lifestyle. Mudgeeraba is in a great location, near their favourite beaches and close to Robina town centre, with shopping mall and entertainment.
They had been looking for a property for less than two weeks. It all felt like fate as the property had been under contract when they inquired about it. Fortunately, the existing contract fell through and they got a call from the real estate agent, went for an inspection directly before making an offer.
They decided to see a mortgage broker as they had no previous experience with buying a property, so they felt that discussing their options with a professional was the right choice. A close friend of the couple recommended them Mortgage Choice and the process could not have been more seamless.
The couple knew before speaking to the broker that they may need to use LMI to secure their loan and allow them to get into their home now rather than wait to save the required deposit.
“The entire process was very positive. Our broker and his team were friendly and personable, knowledgeable and efficient. Upon booking their initial appointment, Our broker and his colleague had already assessed our eligibility for a home loan, calculating in LMI etc, and were able to let us know what our options were,” said Lenka.
This was so important as they instantly felt like they could trust that the team were doing the right thing by them.
They kept Lenka in the loop every step of the way, all she needed to do was provided some documentation and the team did all the leg work.
Lenka says they chose not to go straight to a lender as they are too busy working and juggling busy lives, and felt it would be too much work to assess different lenders policies and products themselves. They also didn’t want to take their chances and preferred to speak to someone qualified who had industry experience and would maximise their chances of a home loan approval.
If you are looking to buy your first home get in contact with your local broker today to see how we can help you.