A bank will generally offer you a handful of loan options, a broker on the other hand, has access to numerous lenders and hundreds of loan options which mean that it is more likely that a broker will be able to help you choose a loan that suits your financial situation.
We have a proven track record of delivering exceptional results for our clients. Our team is experienced and well versed in dealing with both local and overseas clients. Whether it is a residential loan or a commercial loan, we have constantly achieved excellent results. We are on call 7 days a week.
No, you’ll generally pay legal fees on your property transfer not loan application. We provide our services free of charges.
The time taken to process your loan is dependent on a number of factors, this can include:
- Requirement of a valuation
- Availability of supporting documents
- Complexity of your loan
- How quickly you return your signed loan documents
In general client can expect to receive assessment result within 1 – 3 days subject to valuation. If the factors above are favourable, we are able to get your home loan approved as quickly as just 2 hours from submission to lender.
An Offset Account is a transaction account that can be linked to your home or investment loan. The credit balance of your transaction account is offset daily against your outstanding loan balance, reducing the interest payable on that loan.
An Offset Account help you save interests on your home loan. Instead of being charged interest on the full loan balance, you are charged interest on your loan balance minus the balance in your offset account. For example, if your home loan balance is currently $350,000 and your linked offset account has $50,000, you are charged interest based on $300,000.
With an interest-only loan, you repay only the interest on the principal during the term of the loan. At the end of that interest only period (Usually 5 years, can 1 to 15 years), you will start principle and interest repayment. Interest only repayment can work well for investment loan. However individual circumstance is different; please speak to one of our top consultants to see if it’s right option for you
Variable rate is generally more flexible but fixed rate could sometimes offer a lower rate and a risk management against raising interest rate. You may also have combination of variable and fixed rate components. Please speak to one of our top consultants to see if it’s right option for you.
Yes. There’s no early exit fee but discharged fee could apply. Fixed rate loans may attract a break cost if repaid within the fixed rate period. If you are planning to do so, please speak to one of our top consultants to make sure how to plan for it.