FAQs

Usually nothing! In most situations we’re paid by the banks, so there is generally no additional cost to the customer – other than the usual bank fees. On rare occasions there could be a fee charged for our services in complex, unique or more time consuming situations.

Absolutely! Brokers generally have access to all the same products, rates and schemes (including LMI waivers) – plus Broker only specials sometimes offered by lenders.

The First Home Owner Grant is a government initiative to help first-time buyers purchase or build a new home. Eligibility criteria vary by state, so contact us to learn more about the grant and whether you qualify.

The amount you can borrow depends on various factors, including your income, expenses, credit history, and the value of the property you wish to purchase. Our brokers can provide a personalised assessment to determine your borrowing capacity.

There are several types of home loans, including variable rate loans, fixed rate loans, interest-only loans, and split loans. Each type has its own features and benefits, and our brokers can help you choose the best option for your needs.

We’ve got access to the majority of banks you’ve heard of – and a whole bunch you haven’t.

Applying for a home loan involves several steps, including gathering documentation, completing an application, and submitting it to a lender. Our brokers will guide you through the entire process, ensuring everything is in order for a smooth application.

Once we have all of your documentation, the approval process typically takes 1-2 weeks, but this can vary depending on the lender and the complexity of your application. We work diligently to expedite the process and keep you informed every step of the way.

Yes, there are lenders who offer home loans to individuals with less-than-perfect credit. We can help you explore your options and find a loan that suits your financial situation.

In addition to the loan amount, there may be other costs such as application fees, valuation fees, legal fees, and stamp duty. We provide a detailed breakdown of all costs involved so there are no surprises.

Generally, you’ll need to provide proof of identity, income, employment, and expenses. Our brokers will give you a comprehensive checklist to ensure you have all the necessary documentation. Alternatively, you can read our article Essential Documents You Need When Applying for a Home Loan online.

Yes, refinancing can help you secure a better interest rate, reduce your monthly payments, or access equity in your home. We can assess your current loan and show you how refinancing could benefit you.