FAQ

You can contact us either by call on 0290300637. You can fill our contact us form as well on our website.

A mortgage broker has agreements and accreditations with various different lenders, which allows them to provide their clients a variety of different loan products while you deal with just one point of call.

Our extensive panel of lenders varies from the largest lenders in the country through to small expert lenders. This means we can provide home loans that are best -suited for, refinancing of your existing property, owner-occupiers or investment nearly all the situations, including loans for new property purchases. Product features available such as fixed or variable rate loans, interest only, offset accounts, lines of credit, or combination loans.

Our interest rates will vary depending on the lender and solution selected to meet your requirements.

We are paid a commission by the lenders when the loan is settled. All commissions are already declared in the documentation prepared by the lenders and we do not charge any additional charges. If we do, we will provide you with quote before we provide you our services.

Yes, we provide loans for first home buyers. Contact us and we can assist you through the process and provide the best solution for you.

Yes we do. Contact us and we can work out a loan solution to meet your needs.

Most lenders will require that you have been self-employed for a minimum of two years and have tax returns to show that you can afford the loan. In some situations, certain specialist lenders may approve loans for borrowers who have been in business for less than two years.

You can contact us and one of our consultants will assist you with completing all the relevant lender forms.

You will normally need a minimum deposit of 5% of the purchase price and up to an additional 5-6% for lender and government charges.

Lenders will require proof of insurance cover for any properties used as security for the loan. In addition, if the loan to value ratio for your loan exceeds 80%, then the lender may require that you take out Lenders Mortgage Insurance (LMI).

Lenders Mortgage Insurance (LMI) is an insurance policy that the lender may insist you take out if your loan to value ratio exceeds 80%. The policy protects the lender if a property is sold for a value less than the loan balance. The insurance doesn’t protect the borrower; however it does allow them to buy a property with a smaller deposit than would otherwise have been the case.

Documentation required will differ depending on your individual situations and the type of loan. For all the loans you will need to substantiate your income and offer an acceptable level of personal identification. Income substantiation will vary depending on whether you are self-employed or a salaried employee and can give pay slips, income tax returns, and PAYG summaries.

Additionally, to purchase a new property you will need to give a copy of the contract of sale and prove you have sufficient funds to complete the purchase on the day of settlement.

If you are refinancing a loan, you will need to provide statements for the debt being refinanced.

When purchasing a property, a lender will either take the contract price as the valuation of the property or require an independent valuation. For refinancing, the lender will almost certainly require an independent physical valuation.

Three key components are taken into account by the lender when assessing and approving your loan: Serviceability, Valuation and Credit history.