How to buy a home in the 21st Century

It's pretty obvious you can make use of technology to an extent to assist you with getting a home loan or refinance your existing one. There are a multitude of apps out there for budgeting as well.

This helps with the education and understanding , but not really enough to validate it as the only or the best method.

What you need to consider is the bots are actually just looking for the "vanilla deal', the easy, straight forward one that, the now growing ever larger, redundant banking staff were looking for. It is data capture, pure and simple. A real person is still assessing the loan at the lender's end and you still haven't even got close to approval. Another person will still need to be involved to ensure that you have done it all.

At the end of the standard assessment, you still wind up being to required to still do all the work and go through all requirements to meet that specific policy of lender. You will get unknowingly mislead into believing your loan is approved and you are good to go.

I will use the example of the YouTube video showing you how to change a part on your car. The commentator will go over the tools required, the parts needed and the method on how to perform the work. All this in 5 minutes or less. What you are unaware of is the actual time expended in performing the task is much, much greater than the slick and quick, fully edited video you have just witnessed. There is no consideration for whether you have the tools, purchased the parts at the right price( seriously, this is important) and have the facility, manual dexterity skills, time and patience to complete the task.

The time expended on anything DIY has a dollar value in a literal sense. Can you afford to waste time doing it yourself? Is this time critical or complex? It usually is both, then "computer says no"! How is that going to make you feel, being rejected by a computer? So if you need to use an AI to assist you with a home loan, just understand it doesn't stop with them. Any claims made that they can approve your loan in "x"minutes or a day, is highly misleading and deceptive. A lot of that happens on the web. The old saying goes,"if it's too good to be true, it probably is"! Be realistic in your expectations.

Anyway, when you use a professional broker. You get someone who is listening and understanding your situation, so he or she can pursue your case like a lawyer. Gathering all the required evidence and developing and recommending a strategy which will be individually tailored for you. Looking for all the merits, putting together a strong case to the selected lender, leveraging relationships within the group to petition for you and holding your hand all the way to settlement and being available to be contacted and assist you when you need to make changes later on in life.

The real benefit of technology is, that anywhere in Australia, you can get in touch with me anytime. I can use technology to evaluate over 2 dozen lenders for your scenario, find and recommend a product which you can sign electronically and get you notified immediately when it is approved. You will know pretty quick that I am on the level and I am a human being. Just email: info@ahlsfinance.com and we can start talking.