Buying a new home? Comparison rates from 5.49%* p.a.

⏳ Compare loan options tailored to your needs in less than 5 minutes. If you’re refinancing, you can even see how much you can save compared to your current loan.

👩‍💻 Once you’re ready, you can start your loan application straight away. An accredited broker from our team will be in touch to support you throughout the process. You’ll enjoy expert advice from application to settlement.

🤝 You’re in good hands with an award-winning team. By partnering with a multi-award winning aggregator, we ensure our team of brokers meet strict compliance standards from your first consultation all the way through to settlement, so you can rest assured you’re in safe hands.

👍 Happy customers are our best reference. The home loan application process can be intimidating without the right support. That’s why we make sure our team of brokers is right there with you on your home loan journey, answering any questions you have and ultimately ensuring you get a loan you’re happy with.

Before purchasing a property it is always important to know how much to borrow. How much you can borrow
will depend on several factors including:

• Your income
• What you are buying (home or investment)
• Eligibility for Home Owner Grants (if you are a first time buyer)
• What deposit is required
• Other loan repayments and commitments

An important factor to consider is how comfortable you are financially to repay the proposed loan. It is imperative that you do not over stretch yourself, it is best if you sit down and work out a budget and understand how much you have left over to repay a loan comfortably. You should also factor in possible interest rate movements as this will affect your repayment amount.

Apart from a deposit, costs involved in purchasing a property may include:

• Stamp Duty
• Conveyancing Costs
• Inspection Costs
• Loan Setup Costs

A deposit is an amount you have saved that you can put towards the purchase of the property. 20% is normally required in order to avoid costly Lender’s Mortgage Insurance (LMI), however there are options available that may avoid this

This is a government cost that is usually the biggest expense outside the purchase price of the property.
Stamp duty varies between the states and territory. A great website is available for guidance on what the approximate stamp duty cost would be in your relevant state is www.realestate.com.au/home-loans/stamp-duty-calculator

Conveyancing is the process of which a property’s ownership is transferred from the current owner (the vendor) to the buyer. A conveyancer is a legal representative that specialises in this field. Either a conveyancer or solicitor will review your Contract of Sale and ensure appropriate checks are conducted on the property with local government agencies.

It is recommended that prior to purchasing a property, you hire professionals to inspect it for structural defects, pest infestations, or anything that could potentially cause damage to your property or be of concern

This includes establishment fees and will vary depending on the Lender and the loan product chosen. It is
important to note that you may also require Lender’s Mortgage Insurance (LMI) depending on your deposit
size. For help, speak to one of our Mortgage professionals

How much you will need to have saved as a percentage of your property can differ. Depending on your situation it could vary from 3%-20% of the purchase amount. Sit down with one of our mortgage brokers and they will discuss options that are available to you.

Conditional pre-approval is an indication from a lender that you’re eligible to apply for a home loan up to a
certain limit. It can show sellers you’re serious about buying and you can be confident that you can afford
the property.

Our brokers can help you with the pre-approval process. Simply complete the contact form and we will be in touch to assist you.

An owner-occupier loan is a home loan for a property which you intend to live in. There aren’t many people who can afford to buy a home with cash, and a home loan is used in conjuction with your saved deposit to purchase a property.

Our lending managers will work with you to submit your application. Banks will consider your personal circumstances such as your deposit amount (20% of the purchase value is often a requirement), your income, estimated monthly costs and family situation. Approval processes are similar between lenders and are designed to protect both you and the bank by ensuring you have the capacity to repay your loan.

Rather than taking a one-size-fits-all approach, we believe that every customer is unique. With a wide range of loans across over 60 lenders, there are thousands of combinations that vary based on your personal circumstances. Our team of Mortgage Brokers are fully qualified and equipped to walk you through the lending process, adding real value to your loan selection and application process and helping you every step of the way. View our lending panel here

Before making a decision on whether this type of loan is suitable for you, it is important for you to consider the above information and discuss the suitability of this loan type with your Mortgage Broker.

This is general information only and is subject to change at any time. Your complete financial situation will need to be assessed before acceptance of any proposal or product.

With our process, in most circumstances your entire application can be signed digitally with software such as Docusign, however there are some forms with specific lenders that will need to be signed by hand.