- Home loans with ease
Competitive & proactive Mortgage broker with wealth of experience.
We can support your great Australian dream, to move into your own home. We can offer great rates and flexible features & cashback offers for refinance.
We can get you a finance to purchase or renovate your next investment property with the intention of generating income or appreciation through rental income or capital gains.
Whether you received an unexpected or unwarranted bill, or a roof caved in an uninsured house. Don’t worry, we got you. Personal Loans can help with the slightly bigger unexpected costs that you didn’t see coming.
As an experienced & local broker, we organize a meeting and discuss your needs. Our lending process is quick and easy as much as possible.
We’ll collect all the necessary information & documentation about your finances to determine how it fits lenders requirements.
We’ll review the documentation and prepare an application that meets pre-approval guidelines. Then, we’ll guide you through submitting the documents needed. We follow automated and digital process to make it quick and easy.
We evaluate your Application with panel of lenders and work hard behind the scenes, you can sit back and relax. We keep the communications transparent and assist if you have any questions along the way.
Frequently Asked Questions
A mortgage broker is a professional who connects borrowers with lenders and helps them find the right mortgage product. They can save borrowers time and money by shopping around on their behalf and providing guidance throughout the mortgage process.
The minimum down payment required to qualify for a mortgage is typically 5% of the purchase price of the property. However, lenders may require a higher deposit amount depending on factors such as the borrower's credit history, income, and the type of property being purchased. Additionally, a higher deposit may result in a lower interest rate and reduced mortgage insurance premiums. It's best to speak with a mortgage broker or lender to determine the specific down payment requirements for your situation.
The time it takes to get approved for a mortgage can vary depending on factors such as the lender's requirements, the complexity of the borrower's financial situation, and the type of property being purchased. Generally, the process can take anywhere from a few days to several weeks. To speed up the process, borrowers can ensure they have all necessary documentation ready and respond promptly to any requests for additional information from the lender.
Mortgage insurance is a type of insurance that protects the lender in case the borrower defaults on their mortgage payments. In Australia, mortgage insurance is typically required if the borrower has a deposit of less than 20% of the property's purchase price. While it may add to the overall cost of the mortgage, mortgage insurance can make it possible for borrowers to purchase a home with a smaller deposit. It's best to speak with a mortgage broker or lender to determine if mortgage insurance is required for your specific situation.
The steps involved in buying a home include budgeting, finding an agent, house hunting, making an offer, inspections, finalizing the contract, arranging financing, and completing the settlement. A mortgage broker can help you navigate the process by providing expert advice on obtaining a mortgage that fits your financial situation, negotiating terms with lenders, and guiding you through the mortgage application process.
To know if you're getting the best mortgage rate available, it's important to shop around and compare rates from different lenders. You can also work with a mortgage broker who can help you compare rates and negotiate terms on your behalf. Additionally, improving your credit score, increasing your deposit amount, and choosing a shorter loan term can help you qualify for a better mortgage rate.
Yes, you can get pre-approved for a mortgage by submitting a mortgage application to a lender. The benefits of pre-approval include knowing how much you can afford to borrow, strengthening your bargaining power with sellers, and being able to move quickly when you find the right property. Pre-approval also provides assurance to sellers that you're a serious buyer who is likely to obtain financing.
If you're having trouble making your mortgage payments, options that may be available to you include refinancing your mortgage, negotiating with your lender to modify your loan terms, applying for forbearance or a repayment plan, or selling your home to avoid foreclosure. It's important to contact your lender as soon as possible to discuss your options and find a solution that works for your financial situation.
The process for refinancing your mortgage involves applying for a new mortgage with a lender and using the funds to pay off your existing mortgage. Refinancing can benefit you by lowering your monthly payments, reducing your interest rate, changing your loan term, or accessing equity in your home. The refinancing process typically involves completing a mortgage application, providing documentation, having your property appraised, and paying closing costs. It's important to consider the costs and benefits of refinancing and work with a mortgage broker or lender to determine if it's the right option for your financial situation.
Yes, you can pay off your mortgage early without penalty in Australia, unless otherwise specified in your mortgage contract. Some lenders may charge an early repayment fee or prepayment penalty if you pay off your mortgage before the end of the fixed rate period or if you exceed a certain amount of extra repayments. It's important to review your mortgage contract and discuss any penalties or fees with your lender before making additional payments or paying off your mortgage early.
