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 9 Reviews
With access to hundreds of Home Loans, we're sure to be able to find the right one for you
Rated 5 from 9 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.
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 principal 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 Finance Brokers Association of Australia and have clients right across Australia. If you're looking to get a Home Loan, we have the 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 CapacityInitial Consult
Have a chat with a qualified Mortgage Broker who will understand your situation and talk you through the next steps.
Fact Find
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 Home Loan.
Pre Approval
Once you're approved, you can start bidding or making offers on properties you want to purchase.
Settlement
You settle on the property, your Home Loan draws-down and you're good to go!
Book AppointmentFL
Fairone Light
Helen was fantastic from start to finish with us. Helen is a highly knowledgable individual who went out of her way to get us the best loan with the lowest interest rate. She was proactive in dealing with any issues that arose throughout the process and made purchasing our home a breeze. I would highly recommend Helen with any of your mortgage needs.
CW
Chloe Watego
Helen was amazing throughout the entire process. Nothing was a bother for her. Definitely recommend.
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Matthew ÃrÃwn
Fantastic experience with Helen from The Mortgage PA - took care of all the details around finding the best deal for a home loan while also explaining everything. we certainly would not have been able to do it without her.
Mortgage brokers are qualified finance industry professionals. They work with you to determine your borrowing needs and objectives, and to help you determine how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for you. Like your solicitor, accountant or financial planner, we are specialists in what we do and will provide you with a suitable finance solution to help you achieve your goals. With a mortgage broker, you can expect a more personalised level of service than you would usually receive directly from a lender. Additionally brokers have access to finance products from a wide variety of lenders. This means your broker can compare lending products from different lenders to find a loan that’s just right for you.
Absolutely not. First of all, there is very little difference between the commissions paid by the various lenders. There is also legislation in our industry called the National Consumer Credit Protection Act (or NCCP), that is designed to protect consumers and ensure ethical, professional standards in the finance industry. We tell you upfront what commission we will be getting from the lender. Our job, our only job, is to find a competitive loan for your needs and objectives.
Some mortgage brokers charge a fee for their services and some don’t. When you take out a loan via a mortgage broker, it does not cost you more in loan repayments. Brokers get paid a commission by the lender for bringing new business to them, but this does not impact your interest rate. Some brokers charge a fee for their service. They must disclose this fee upfront to you so that you know what it will cost if you engage their services.
A mortgage broker suggests a loan depending on what matters most to you, like "paying off my loan fast" or "having fixed repayments" or "keeping costs low." But, here's the rule we go by: If you prefer flexibility, go for a variable rate loan, but if you want certainty that your repayments won’t go up then choose a fixed rate loan. Perhaps you want a bit of both - then you may wish to consider a split loan.
Lenders will only sell you their own products. Each bank (or lender) has a variety of loan products on offer – low doc, package loans, loans with re-draw facilities, plant and equipment loans, fixed rate loans, interest only, interest in advance, variable, introductory variable …. and so on. The issue you face as a consumer is ‘which loan is right for me?’ And that is where your Mortgage Broker becomes an invaluable resource! If you go direct to the bank, you will only be offered the loan options available through that one lender. As your mortgage broker, we do all the leg work to find the right loan for your needs. We are across many lenders and all of their loan products, and our sole purpose is to find a suitable loan to match your personal financial circumstances and goals.
When figuring out how much money you can borrow, we look at a few things like how much you earn, where you work, how much money you've saved up, what you spend on living, and any debts you have. Our borrowing calculator can give you an estimate, but for a more exact idea, just give us a call. We'll talk through your situation and options to help you out.