Using Us as Your Mortgage Broker

What makes your mortgage broking services unique?

Our team consists of former credit managers with extensive experience in approving complex loans for major banks and specialist lenders. This expertise allows us to present your loan application in a way that maximizes your chances of approval, even in tricky situations. We specialize in finding tailored solutions for clients with unusual circumstances and maintain strong relationships with lenders across Australia. Best of all, most of our services are free of charge.

Do you hold a credit license?

Yes, we hold an Australian Credit License (ACL) as required under the National Consumer Credit Protection Act. We are also members of the Finance Brokers Association of Australia (FBAA) and the Australian Financial Complaints Authority (AFCA), ensuring we adhere to the highest standards of compliance and professionalism.

How much is the brokerage fee?

For most loans, we do not charge any fees. In rare cases where fees apply, we will communicate with our client to inform the charges and get their written consent before providing the service.

How do mortgage brokers get paid?

We are compensated by the lenders for introducing new clients and managing much of the loan processing. This allows us to offer our services to you at no cost in most cases. Our commissions are transparent and do not impact the suitability of the loans we recommend.

Why should I go through a mortgage broker instead of going with the bank directly?

We provide access to a wide range of lenders, ensuring you get the best loan package tailored to your needs. Banks only offer their own products, while we can compare many products from multiple lenders. Our services are generally free, and we simplify the loan process by managing everything on your behalf.

How can I be sure you'll recommend the right loan?

We are legally obligated to recommend loans that are suitable for your needs. We present multiple loan options for you to choose from and prioritize transparency and compliance with Australian Credit Licence regulations.

The Loan Process

How does applying for a loan work?

Our mortgage brokers handle the hard work. You simply provide the necessary documentation, and we complete a preliminary assessment to find the best options. Once you select a lender, we submit the application for quick approval.

How long does a preliminary assessment take?

We can provide loan options within 24 hours if all required documents are supplied promptly. For urgent cases, such as auctions or tight deadlines, we can expedite the process.

How long does pre-approval last?

Pre-approvals are typically valid for three to six months. If your pre-approval expires, we can apply for an extension.

Loan Requirements and Costs

What’s the difference between a home loan and a mortgage?

A home loan is the financing agreement to purchase property, while a mortgage is the legal agreement that gives the lender security over the property until the loan is repaid.

How much will I need for a deposit?

Deposit requirements vary by lender and your financial situation. Some lenders accept as little as 5%, but loans exceeding 80% of the property value may require Lenders Mortgage Insurance (LMI). Guarantor-backed loans may eliminate the need for a deposit entirely.

Can I borrow the stamp duty as well?

Most lenders require a guarantor to cover stamp duty costs. However, first-home buyer concessions or exemptions may apply, depending on your state or territory.

What fees and costs come with buying a property?

Costs may include lender fees, legal and conveyancing fees, LMI, building and pest inspections, stamp duty, and insurance. Budgeting for these upfront and ongoing costs is essential.

General Mortgage Questions

How are home loan interest rates calculated?

Interest is calculated daily based on your loan balance and charged monthly. Over time, repayments shift from interest-heavy to principal-heavy, reducing your balance.

What types of home loans are available?

We offer fixed-rate, variable-rate, split-rate, investment, interest-only, low doc, and bridging loans. Each type has specific benefits suited to different financial situations.

How much can I borrow?

Your borrowing capacity depends on your income, expenses, assets, liabilities, and deposit size. Use our borrowing power calculator for an estimate.

What is the First Home Owner Grant, and am I eligible?

The First Home Owner Grant helps eligible Australians purchase their first home. Eligibility and grant amounts vary by state or territory. Contact us for guidance on your eligibility.