FAQs
Access detailed responses to common queries and concerns.
Frequently asked questions
Alongside our competitive rates, we take pride in being accessible to assist with any inquiries you may have throughout your loan journey. Whether you are a first-time buyer or a seasoned investor, we are dedicated to being there when you require assistance.
What is the role of a broker?
A broker is a finance expert who collaborates with you personally to explore your borrowing objectives and help ascertain your qualification amount. They usually offer a more customised service than what you would get from a lender and have access to a variety of loans from different lenders, enabling them to secure suitable loan conditions for your specific needs.
Do you impose any charges for home or investment loans?
When securing a loan through a broker, there are no additional repayments or fees. Brokers earn their commission from the lender for bringing in new business, but this does not influence your interest rate or any other terms of the loan agreement.
Is using a broker more costly?
Utilising a broker incurs no costs for you since the lender compensates them. With access to a wide range of loan products from different lenders, brokers are equipped to identify the most suitable loan for your needs. Typically, this involves a blend of the most competitive rate available and features that best suit your situation.
Some brokers may impose service fees, which must be communicated before they commence their services.
What is the maximum amount I can borrow?
Our borrowing calculator can provide a rough estimate of your potential borrowing capacity, but for a more exact evaluation, please reach out to our team. We can discuss your options and review your circumstances in greater detail.
Should I choose a fixed or variable interest rate?
As implied by the name, variable-rate home loans feature interest rates that fluctuate over time. They often provide greater flexibility than other loan types, including features like redraw facilities and additional payment options. However, they lack fixed repayment amounts.
Conversely, fixed-rate home loans offer predictable monthly repayments, allowing you to know exactly how much you will pay each month for the entire loan term. While these loans may not be as flexible regarding features, they provide borrowers with certainty when planning their repayments.
When deciding which loan type suits you best, consider what matters more to you – flexibility or assurance about your monthly payments.
Which lenders are you partnered with?
As we are affiliated with a mortgage aggregator, we have access to an extensive range of loan options from over 40 lenders. This allows us to assist you in discovering various suitable choices tailored to your unique circumstances.