We Know Home Loans Better

Finding home loans with expert advice has never been so easy!

Competitive Home Loans Mortgage Rates from 1.89%*

In the Australian funding market, thousands of home loans products are available to choose from. So, finding suitable home loans and getting approval just on the right time is a very overwhelming and confusing process.

Finmortg Brokers is here to make your home loan process easy. Therefore, we help you to navigate the suitable home loan deals.

Whether it’s the competitive mortgage rates for finding the suitable features, we are expert and specialised in home loans or refinance deals.

Our expert helps to find home loans according to your goals and financial circumstances. Therefore, we compare a vast range of home loan products and negotiate the deal to match it perfectly.

Most importantly, our team will look after the paperwork and continue support until the final settlement to serve in your best interest.

Certainly, all these services are FREE OF CHARGE. Finmortg brokers get paid a commission by the lender when you receive your home loan.

*comparison rate is 2.94% p.a. fixed rate for 2 years owner occupied. All mortgage rates are subject to change as per lender’s policy. Last updated on 22/02/2021

Request A Home Loan Quote

How We Create Value for Your Home Loans

We work with you at your convenient time and place!

Our First Meeting

It’s all about understanding your needs, objectives in assessing your borrowing power and capacity to repay loan

Research

We compare hundred of home loan or refinance products to find the suitable solution that matches your needs.

Presentation

We explain how would home loans features, fees, charges and policy to help you making an informed decision.

Handling Paperworks

Once you agree, we look after the paper works. We help you to prepare the application. Also guide you through out the entire process

Follow Up

After submitting your home or business loans application, we will continue follow-up with the lender. Also provide you a regular status update.

Final Approval

After receiving the approval of your home or refinance loan, we will inform you and continue to be in touch till the settlement.

How to Get Quotes for Home Loans

It’s Simple! Send us your home loan request, and we’ll be in touch shortly!

Home Loan Request

Document Checklist!

Here are some of the documents you may need while applying for home loans.

Proof of Identification
Any of your photo IDs
Proof of Income
Latest payslips or tax returns or bank statements for other income
Proof of Savings
Latest bank statements as an evidence of genuine savings
Debt and Expenses
Latest credit card or bank statements and other loan statements

Learn More

First Home Buyers

Let us guide you through to get your first home loan approved fast. So, you can have it right in time before purchasing your first dream home!

We help you with-

Free expert advice to identify your objectives to headway to your first home loan

Analyse your financials and calculate borrowing capacity to service your first home loan

Research and compare vast range of loan products to find suitable home loan towards first home owner

Help you to understand the loan features, options, fees and charges related to home loans

Full admin and customer care support throughout your home loan process till final settlement

Book a Free Appointment

– Australian Government Initiative

First Home Loan Deposit Scheme

Find out your eligibility and suitable lender to get first home loan with only 5% deposit out of 10,000 guaranteed home loans.

Commencing from 1 January 2020, two major banks and other non-bank lenders will be providing these home loans for first home buyers per year.

Learn More

First Home Buyers FAQ

How much money can I borrow?

The amount you can borrow may vary from lender to lender. However, it mainly determine by your financial situation. To clarify, your income, current savings, credit history and expenses etc are the key factors to calculate your borrowing capacity to repay your home loan.

Certainly, it pays good value if you research and compare home loans. Finmortg brokers help you to run a complete individual assessment of your financial situation and arrange a loan that suits your objective.

How much savings or deposit do I need?

The amount of savings or deposit mainly depends on factors like lender’s lending criteria, the amount of home loans and loan purpose etc. Generally, a minimum 5-10% (with LMI) of the purchase price is required as a deposit if you are applying for owner occupied. So, the good news is that the lending market is very competitive. Certainly, it is possible to find a good deal with flexibility in savings or deposit which may match with your financial circumstances.

What is LVR?

LVR stands for Loan to value ratio. So, it is the percentage of the money you can borrow against the value of the property being used as security. For example, a property valued at $750,000 against which you’d like to borrow $500,000. Therefore, you LVR is 66%. However, a higher LVR generally means a higher risk to the lender. Consequently, the lender may add LMI and you may have higher home loans repayments.

What is LMI?

LMI or Lenders Mortgage Insurance is a one-off insurance payment. It protects the lender if you ever default or no longer able to make your repayments. LMI is commonly paid when your LVR is higher than 80%. Importantly, its premiums can vary depending on the LMI provider. Remember LMI should not be mistaken for Mortgage or debt Protection Insurance which covers your mortgage repayments in the event of death, sickness, unemployment or disability.

Our expert mortgage brokers can help you to understand, explain the LMI costs and how this may impact on your home loan?

What is Variable and Fixed Interest Rate?

The variable interest rate fluctuates over mortgage loan term according to the market index. Certainly, it offers flexibility and comes with advantages like the option to lower repayments, faster paying off the loan, redraw facilities, offset account and so on.

While A fixed rate allows you to lock the interest rate (typically for 1 to 5 years), so, this safeguards your risk against interest rates volatility and gives your greater peace of mind. However, you may need to pay a break-fee to exit the fixed period early.

Finmortg, Sydney-based mortgage broker can help you to search home loans, assess your needs and weigh up your options. So, you can select your suitable home loans.

How to choose a right home loan?

With an immense competition, undoubtedly a range of home loans products are widely available in the market. However, the catch is to choose the right one. Before selecting the home loan, try to understand your loan objective, how strong are your financial situation towards loan qualification.

At Finmortg Brokers, we do a full assessment and run exclusive home loans qualifier software to find the suitable home loans deal. We compare hundred of loan products offered by our panel of lenders. Most importantly, all these pre-works are free of cost!

What Our Clients Say!

We really love how each and everyday clients share their positive experience

Trusted mortgage broker. Very knowledgeable and provided full support for refinance and construction loan.

Dr. Naveed

Medical Professional

Excellent service. The team looked after my car loan application and got a quick approval within a day. Highly recommended!

Riz

Uber Driver

The finance broker helped me to get asset and equipment finance for my business just in the right time for the second time in a row. Very happy!

Troy

Business Owner

Get Your Free Home Loan Consultation

Send us your home loan query. We’ll organise a free appointment with our home loan experts at your convenient place and time!

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