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Homezone Financial Services

Property Specialists
 
 
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What is a mortgage or bond originator?

The mortgage originator represents the homebuyer in obtaining the best and most suited mortgage loan for the buyer from any one of the participating banks.
 
The mortgage originator should have a working knowledge regarding the banks’ products, procedures, credit assessment criteria and pricing models to be able to deliver quality service to the consumer.
 
The mortgage originator secures leads for applications from estate agents, developers, directly from clients and other lead providers.
 
A mortgage is often referred to as a bond.
 
 
 
What is the maximum plot/stand size allowed to qualify for home loan finance?
The banks classify any stand under 8.5 hectares as being residential.
However, Standard may consider up to 20.5 hectares.