Australians planning to acquire new property have been advised to look for home loans that best suit their individual financial situation.
Mortgage Choice noted that there are various types of loans to consider, and how appropriate they are for each individual depends on several factors, such as investment portfolio and lifestyle.
With a range of products on the market, Australians should ensure that they obtain loans that fit their needs.
“Many Australians could be missing out on building their property portfolio simply because they are unaware of simple, successful solutions,” said Kristy Sheppard, spokesperson at Mortgage Choice.
Earlier this month, Mortgage Choice also cautioned Australians to be vigilant of the fees and quality of service offered by lenders, when choosing a mortgage.
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