Most home loans seem large, but when I mention “large home loans” I am talking about those that are over $1 million.
That may seem large for some people and not so large for others.
They are also a bit different to the standard home loans and as the size of the home loans increase in value you need to ensure that you are working with an adviser that knows how to present the applications.
As a mortgage adviser I deal with a lot of people that have large home loans, and I know which banks will provide the best loan offers and of course how to get these home loans approved.
What’s The Difference?
As the size of a any loan increases the “little differences” can have a greater impact.
The loan criteria can make a difference when you are borrowing more. Some fine print can mean the difference in getting the lending approved, or not.
Interest rates matter more on the large home loans as the impact is bigger.
Plus the features can make a huge difference if you want to pay your mortgage off faster or want to pay lump-sums to reduce the mortgage.
The banks and loans all differ and it’s important to get the right home loan.
Unfortunately I also see a lot of people that have had large home loans for quite some time and have never had the right advice, especially those people that have been dealing directly with the bank where there are such limited options.
Let’s Discuss What You Need
If you need a large home loan now or in the future then we should discuss the options and what is most important to you.
