STRATEGY

Step 1 – STRATEGY

A strategy session is a crucial step in home buying or refinancing process. At this session, we will discuss various aspects of your financial situation, goals, and preferences to develop a mortgage strategy that suits your needs. Key Areas we will be covering during strategy session:

Financial Assessment

  • Review your current financial situation, including income, expenses, assets, and liabilities.
  • Discuss your credit history and credit score.
  • Evaluate your debt-to-income ratio, which is an important factor in determining loan eligibility.

Goals and Objectives

  • Clearly outline your short-term and long-term financial goals.
  • Discuss your homeownership objectives, whether it's purchasing a new home, refinancing an existing mortgage, or investing in real estate.

Loan Options

  • Explore various mortgage loan types (e.g., fixed-rate, adjustable-rate, FHA, VA) and their suitability for your situation.
  • Discuss the pros and cons of each loan option, including down payment requirements.

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Interest Rates and Terms

  • Analyze current market interest rates and how they may impact your mortgage.
  • Discuss different loan terms (e.g., 15-year, 30-year) and their implications on monthly payments and overall costs.

Pre-Approval Process

  • Explain the pre-approval process and its benefits in terms of understanding your borrowing capacity.
  • Gather necessary documentation for the pre-approval application.

Loan Approval Timeline

  • Outline the typical timeline for loan approval, from application to closing.
  • Discuss any potential challenges or delays that may arise during the process.

Market Conditions

  • Discuss current real estate market conditions and trends.
  • Consider factors that might influence the timing of your home purchase or refinance.

Loan Fees and Costs

  • Clearly understand the fees associated with the loan, including origination fees, appraisal fees, and other closing costs.
  • Evaluate different lenders and their fee structures.

Risk Management

  • Discuss potential risks and how they can be mitigated.
  • Explore options for protecting your mortgage, such as mortgage insurance.

Questions and Concerns

  • Allow time for you to ask any questions or express concerns you may have.
  • Ensure that you fully understand the terms and conditions of the proposed mortgage.

Who is Ka-ching

At Ka-ching Finance, we recognise that for many clients, it's not just about getting the loan.
We provide an end-to-end solution for clients who want to start or grow their property portfolio. How?

STRATEGY

Strategy is absolutely essential to the home buying process. We understand that starting a property journey can be overwhelming, which is why we offer a personalised approach, by working with you to identify your financial situation, goals, and preferences to develop a mortgage strategy that suits your needs.

STRUCTURE

We are dedicated to aiding you in navigating the diverse landscape of mortgage products offered by various lenders. Our team works diligently on your behalf to identify the optimal mortgage loan tailored to your requirements, serving as intermediaries to facilitate the loan securing process.

SUPPORT

 We utilise the latest research, data and insights to provide total due diligence on properties you're looking to purchase. At Ka-ching, Finance we're more than your typical mortgage broker. From finding the property, financing the purchase and securing your investment success for the long term - we're by your side.

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