PURCHASING
& INVESTING
At Primus Home Loans we are investors – we have bought, built, upgraded, downgraded, renovated and developed. We are also registered Property Investment Professionals of Australia Members (PIPA) and Qualified Property Investment Advisers (QPIA) who can assist you in making strategic property decisions.
We have assisted thousands of clients purchase homes and for each person the journey is different.
With our expertise, knowledge, access to over 25 lenders we will answer all your questions, put a plan in place to help you reach your goals sooner, structure your loan to suit your needs and ultimately guide you through the finance and property jungle.
With an emphasis on education and customer service, owning your first home will be easy and stress free with us on your side.
We are there from the first, second, third property to your last, helping you grow and manage your wealth and your future portfolio, maintaining a loyal and lasting relationship – our motto is “service for life.”
We hope this guide inspires and educates you to take to first steps in achieving your first home.
THE HOME LOAN PROCESS
CONTACT US
Contact us via phone or email or book a 1-on-1 meeting at our offices to understand your financial & lifestyle goals.
We will then send you an introductory email outlining our team and loan process which will also contain a Client Information Form and checklist for you to complete
COMPLETE CLIENT INFORMATION FORM AND SEND THROUGH CHECKLIST DOCS
Complete the electronic Client Information Form and email through applicable checklist documentation to us.
From this information, we can assess your borrowing capacity, deposit required, maximum purchase price and which lenders/banks you can proceed with.
COMPLIANCE AND LODGEMENT OF APPLICATION
Complete the electronic Client Information Form and email through applicable checklist documentation to us.
From this information, we can assess your borrowing capacity, deposit required, maximum purchase price and which lenders/banks you can proceed with.
PRE-APPROVAL
Once your pre-approval is lodged and you meet at servicing and borrowing conditions you will be approved subject to finding a property – this means you can go shopping!
FIND A PROPERTY
If you find a property you LOVE and want to purchase simply let us know, we have experienced Real estate agents in our team who can negotiate on your behalf! Don’t lift a finger. Once the offer is accepted we will arrange a valuation on the property with the lender you were pre-approved with and send the contract of sale to the lender.
FORMAL APPROVAL
Your loan is unconditionally approved, which means you have met all the lender requirements. The property you have put an offer on is now SOLD!
LOAN DOCUMENT SIGNING
Once the loan has been formally approved, the lender will send you a loan contract for you to sign to accept their loan.
Once you’ve signed the contract it is sent back to the lender and the bank will certify the documentation ensuring they are signed and completed correctly. Once certified they can book in settlement.
SETTLEMENT OCCURS
Property settlement is the final stage of a property sale wherein the buyer completes payment of the contract price to the vendor and takes legal possession of the property. Basically, the loan is funded and the property is YOURS!
FIRST REPAYMENT
At settlement we will advise when your first repayment will occur. Your loan repayments will come out automatically as a direct debit from your nominated account.
ANNUAL HOME LOAN REVIEW
Once your loan settles that isn’t it for us, we live by our motto, “Service for Life.” Each year after you have settled on your loan we will do a comprehensive review to ensure you are still on the best product to suit you.