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Leading portal enhances search feature with accurate home loan overlay

By Tim Neary
10 October 2017 | 10 minute read
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One real estate portal has combined searching for property and getting a home loan in a single experience, allowing people to clearly see properties that are right for them as they look for their perfect home.

At realestate.com.au, buyers can instantly apply for online conditional approval for a home loan using a system powered by NAB, and then have their finance information overlaid as they search.

In addition, they can access a panel of more than 30 other lenders through realestate.com.au Home Loans.

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A key element of the new feature is the "Liveability" tool. It allows searchers to better understand how mortgage repayments on a specific property might affect their lifestyle. Based on a net disposable income calculation, a scale will show whether a buyer’s standard of living post-purchase would be "Easy", "Stretched" or "Struggling".

Executive general manager – residential Andrew Rechtman said that the new feature offers Australians a world-first experience to search, find and finance their dream home.

He said that the experience gives Australians a new level of confidence that they’re looking at the right places.

Mr Rechtman also said that it removes time wasting, confusion and stress from the home buying journey.

“Realestate.com.au Home Loans is about giving home buyers greater choice, convenience and confidence when it comes to finding and financing their home,” Mr Rechtman said.

“Australians can search with confidence, knowing they have a realistic view of what they can afford, and they can be confident in choosing a home that suits their lifestyle.”

The new realestate.com.au Home Loans feature is available now.

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