Step 1: Work out How Much you can Afford to Borrow

A Mortgage Australia Loan Consultant can show you how to maximise the amount you can borrow. Try our Home Loan Calculator or Borrowing Guide Table to get a general idea of how much Mortgage Australia's lenders will be able to lend you.

Step 2: Get Mortgage Australia to help you find the right Home Loan

This is where Mortgage Australia can be of great assistance to you. We will take you through all the different home loan options and help you decide which is right type of loan for you, at the right rate with the features you will use. We'll get you a better home loan at no cost.

Step 3: Get your Loan approved

Mortgage Australia will help with your loan application so you are more likely to be pre-approved. This is an important step, as any rejections are recorded and can make later loan applications less likely to be accepted. We know which lenders are most likely to accept your application. The outcome of this is that your lender will give you a pre-approval certificate. Armed with this, you can now go house-hunting knowing what you can afford.

Step 4: Choose a Solicitor / Settlement Agent

Now you have your finances lined up it is time to get a solicitor or conveyancer. We recommend the services of Pre-Paid Legal to minimise your settlement costs.

Step 5: Exchange Contracts

Once you have decided on the house you want, and with your loan pre-approval, the formal exchange of contracts takes place.

Step 6: Settlement Day

Within a few weeks of the exchange of contracts your loan will be settled and the property can be transferred into your ownership. Time to move into your new home!