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Ketan Patel

Mortgage Broker Wyndham Vale | Wyndham Vale Home Loans

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Buying a home in Wyndham Vale

If you’re seeking a quieter lifestyle away from the city lights, Wyndham Vale is a great place to settle - without losing any of the amenities you love! A shopping village with supermarkets and other essentials has you covered day-to-day, and you are a stone’s throw away from the expansive Pacific Werribee for all of your other shopping needs. There are kilometres of tranquil walking trails to enjoy, including the extensive grounds of Presidents Park - and your pups will love the off-leash dog park. As the cherry on top, Wyndham Vale offers proximity to two train stations, meaning it’s no trouble to venture around Melbourne.  

In 2023, the median house price was $565,000 in Wyndham Vale and the median apartment price was $435,000. If you want to purchase a property in Wyndham Vale, talk to Ketan today to discuss your financial situation.

Construction loans in Wyndham Vale

Building your home, or substantially renovating your current home, may involve a construction loan. Construction loans may seem complicated since they differ from regular loans, but with Ketan Patel guiding you through, the process couldn’t be simpler.

 

With a construction loan, the amount is ‘drawn down’ progressively to pay for different stages of the build. There are usually five stages - base, framing, lock-up, fixing, and completion. After each phase, your construction site will also be inspected to ensure its quality and draw down the next loan payment. The benefit to this system is that you will only pay interest on money that has been used, keeping your repayment amount low in the early stages of your loan. 

If you’re thinking about building a home soon, Ketan Patel can help you find the best construction loan for your needs. An excellent loan can make all the difference to your finances in both the short and long term, so it’s important to talk to Ketan to make sure you are making the most out of your mortgage. Get in touch with him to talk more about construction loans in Wyndham Vale.

Home loan calculators

Try out our free online tools to take the guesswork out of your home loan numbers.

 

Ketan Patel is ready to help you secure the best home loan - just get in touch today on 0430 602 305

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