Property finance

We know that no two situations are the same when it comes to seeking property finance. This is why going through a broker is beneficial if you want competitive mortgage rates, the ability to compare home loan lenders, and have non-biased mortgage finance products presented to you.

We have access to a selection of home loan lenders, ranging from the “Big Four”, to Non-Conforming property finance lenders to help cater to your specific situation. 

With some of these property finance lenders, we rank prime status- which means often times, we are able to negotiate home loan rates down to find you a better deal than you would going direct to your local bank.

What is involved when applying for property finance?

After you have spoken to one of our brokers about your financial situation and objectives, we will require some documentation which will be used to ascertain your ability to repay the home loan. This is vital in ensuring the success of your financial proposal, as we will not submit your application to a home loan lender, unless we are confident in its suitability for you, and that it will meet the lender’s requirements.

When applying for property finance, there are certain things to consider. One of which is the amount of deposit you are required to provide. This amount ranges from lender to lender and is relative to the property value or purchase price. Some lenders on our panel accept a deposit of as little as 5%.

What is involved when applying with a guarantor?

If you are looking to obtain a loan using a guarantor, they will need to provide a property acceptable to the bank, to secure against your loan.

By using a guarantor, you can essentially borrow 100% of the purchase price, with some lenders who will also cover the cost of fees and Lenders Mortgage Insurance (LMI).