Home Loans
With access to hundreds of Home Loans, we're sure to be able to find the right one for you
Rated 5 from 62 Reviews
With access to hundreds of Home Loans, we're sure to be able to find the right one for you
Rated 5 from 62 Reviews
When it comes to getting a home loan, having a number of lending options is critical to making the best choice. We have access to thousands of products from lenders across Australia including the major banks, credit unions, and building societies. We support our clients throughout the buying process including doing the legwork for you right through to settlement. We'll make sure you always get the best possible interest rate on your Home Loan and can even compare cash-back offers for you.
When looking at different Home Loan Options, it's important to understand some of the key loan attributes:
Principal and Interest: This is the most common type of home loan. With a principle and interest home loan, you not only pay the interest on the borrowed money but also a portion of the actual loan amount. It means you're slowly paying off the loan while also covering the interest.
Interest Only: With an interest-only home loan, you only pay the interest on the borrowed amount for a certain period, usually around 5 years. This can make your initial repayments lower, but keep in mind that you'll still need to pay back the full amount later on.
Variable Rate: On the other hand, a variable rate home loan means the interest rate can change over time due to various factors like changes in the economy. While it might offer flexibility and potentially lower interest rates, it could also mean that your repayments may vary.
Fixed Rate: A fixed-rate home loan means the interest rate stays the same for a set period, often 1 to 5 years. It provides stability and predictability because your repayments won't change during this time, making it easier to budget.
We're a proud member of the Mortgage and Finance Association of Australia and have clients right across Australia. If you're looking to get a home loan, we have the expertise and experience to guide you through the process of finding the right home loan for your needs.
In 60 seconds, understand how much you can borrow to buy your dream home.
Get your Borrowing Capacity
1. Initial consultation and eligibility
Have a chat with one of our qualified Mortgage Brokers who will understand your situation and talk you through the next steps.
2. Online fact-find and document collection
We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a loan.
3. Pre Approval
Once you're approved, you can start bidding or making offers on properties you want to purchase.
4. Settlement
You settle on the property, your loan draws-down and you're good to go!
AC
Amanda Cecchin
Over the years we have had multiple dealings with Stephanie. She has been nothing but professional and prompt. Her knowledge and advice is ap very appreciated! We will be back again!
JP
Jessica Pimm
Stephanie was fantastic and made the process super easy! She was very informative and super helpful! Would definitely recommend her to anyone who is looking for a loan
L
Leon
All I can say there is not enough stars. Wow unbelievable very professional easy to talk to very happy thanks
Certainly. We encounter many people in a similar situation, whether they're not quite ready but have a goal, or they're unsure about their readiness. We'll guide you every step of the way, speaking in plain language while explaining the necessary steps for obtaining financing.
The notion that a 20% deposit is mandatory is a misconception. Depending on your circumstances, the minimum deposit is often just 5%. We will advise you on the required deposit during your initial appointment with us. If you have a family guarantor, it may even be possible to buy property with no deposit at all. Feel free to contact us for more information.
To be frank, writing a home loan isn't particularly challenging; our value lies in the ongoing service we offer. We proactively review our clients' loans and portfolios, identifying opportunities for you to expedite debt repayment, amass wealth, or enhance your lifestyle.
In general, no. However, there are exceptions that depend on the complexity of your situation and whether we will receive compensation for our services. Any applicable fees will be transparently communicated to you at an early stage.
Yes, you can. Depending on factors such as GST registration and the length of time your ABN has been established, it may be possible in some cases to use financials from the previous financial year. Some lenders also offer financing without financials, provided your BAS is current and the numbers align. Understanding which lenders are more accommodating to self-employed applicants is crucial, and our expertise can guide you through these types of applications.
The best interest rate varies from person to person based on individual circumstances. A larger deposit and borrowing less than 80% of the property value can help secure more favourable rates. However, the interest rate is just one of several factors we consider when making recommendations. Other factors include lending products, service quality, turnaround times, flexibility, and lender policies. Our goal is to ensure our clients don't overpay, so we frequently request better pricing from lenders during regular loan reviews.
The Finance Architect Pty Ltd ABN: 16 168 596 553. Credit Representative #450039 and is authorised under Australian Credit Licence 509484.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances. Names & Locations of users have been changed to protect their privacy and are illustrative only.
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