Article published 5 October 2021
Home loans in Hunters Hill & surrounding suburbs
Hunters Hill is an exclusive blue-chip suburb of Sydney. Quiet but well-connected, it is a perfect place to raise a family. With beautiful waterfront views, many parks, and beaches in the area, there really isn’t much that is missing from this suburb. Not to mention the great public and private schools to choose from and the suburb is centrally located with an easy commute to the CBD or North Sydney.
The average home in Hunters Hill might be on the higher end of the property market - with median house prices of $3,325,000 in August 20211 but it has not deterred buyers from wanting to purchase their forever home in this suburb, which is reflected by the high demand at open inspections. If Hunters Hill or the surrounding suburbs look like the perfect place for you to raise your family, then there is no better time than now to get started with finding the right home loan to make that dream a reality.
How to apply for a home loan in Hunters Hill & surrounding suburbs
The journey to your forever home begins months in advance and well before you have even found that dream home. Your first port of call should be to your local Mortgage Choice broker to discuss your financial position and to decide which home loan product from the many different lenders out there will meet your borrowing requirements.
Some points to consider in a home loan include:
- the option to select a fixed rate or variable rate home loan
- the term of that home loan and,
- if you require an offset account or the ability to redraw.
Depending on your financial position, you may consider taking out a split loan, where a portion of the loan is fixed, and the other portion is left as a variable rate home loan. While there are many different features and loan products to compare, you will also need to consider the different credit policies of each lender. Your Mortgage Choice broker will be able to review your options and match you with the right lender.
If you’re not looking to purchase a property in the area, the Mortgage Choice brokers in Hunters Hill offer home loan checks for any existing homeowners that may want to take advantage of the historically low interest rates to refinance their existing home loan, or perhaps to take advantage of the built-in equity in their home with a cash out to invest in the share market or do some non-structural home renovations.