So, who can we help?
First Home Buyers
Whether you are just thinking of purchasing your first home, or already have your deposit saved, we provide;
- 100% finance options available with the Government Assisted Welcome Home Loan Package
- Advice on how to best prepare yourself for your First Home Loan
- Ensure your deposit qualifies with the Lender
- Pre-approval service (i.e. before you even go shopping for a new home, we can gain pre-approval from your current lender, or lender of your choice. You would then know that you have finance pre-approved, and can shop the market until you secure the property of your dreams.
- A simple “pre-qualify”, which is just a simple review over the phone, on where you stand, and what lending may be possible
- We can engage professional services on your behalf, as and when required e.g. Registered Valuers, Building Inspections etc.
- Assistance to step you through the process
Existing Home Owners
Whether you are thinking of selling your existing home and upgrading, or purchasing another property, we provide;
- Advice on how to utilize your equity in your current property for residential investment – there is no need to save for a deposit if you already own a home.
- Direction and advice on Bridging Finance – the finance required when you wish to purchase another property but haven’t received an unconditional sale on your existing property
- Pre-approval service (i.e. before you even go shopping for a new home, we can gain pre-approval from your current lender, or lender of your choice. You would then know that you have finance pre-approved, and can shop the market until you secure the property of your dreams.
- A simple “pre-qualify”, which is just a simple review over the phone, on where you stand, and what lending may be possible
- A review on your existing mortgage to ensure that you are not paying more than you should. It is not company policy to “up-lift” any client from their current bank (should you wish to stay with them), but simply ensure that you are making the best gains from your property and the financier and product you are with.
Refinancing FAQ’s
Q: Should I refinance my home?
A: Although each situation is different, there are several reasons to refinance including:
· To lower your monthly principal and interest payments.
· To move to a secure, fixed rate loan.
· To move to a Floating Rate for short term savings
· To take cash out of the equity in your home
Q: What is cash-out refinance?
A: The difference between your loan balance and the value of your home is called equity. If you have held your mortgage for some time, you've probably begun to reduce the outstanding principal on your loan and increase the amount of equity in your home.
You may be able to refinance your home for more than what you currently owe and take the extra loan proceeds in the form of cash. On a cash-out refinance you may use the cash for home improvements, college costs, new car or other major purchases.
Q: Do I have to qualify again?
A: Yes, you will have to qualify for the refinance loan. However, the process can often be streamlined and expedited. Please call one of our mortgage broker specialists to learn how
Investors
Whether you are thinking of buying just one rental property, or you are a serious investor and already have 10 rental properties, we provide;
- Advice on how to utilize your equity in your current property for residential investment – there is no need to save for a deposit if you already own a home.
- Pre-approval service (i.e. before you even go shopping for a new home, we can gain pre-approval from your current lender, or lender of your choice. You would then know that you have finance pre-approved, and can shop the market until you secure the property of your dreams.
- A simple “pre-qualify”, which is just a simple review over the phone, on where you stand, and what lending may be possible
- Direction and advise on how to avoid paying commercial interest rates and fees.
- Access to supporting professional services such as Accountants and Lawyers who advise on the best structure for Rental Properties i.e LAQC’s, Trusts etc
Loans to Build
Whether you are just thinking of building your dream home, or already have the section in mind, we offer;
- Access to Lenders who will not require payments on the mortgage while your home is being built.
- Pre-approval service (i.e. before you even go, we can gain pre-approval from your current lender, or lender of your choice. You would then know that you have finance pre-approved, and can shop the building market until you secure the section and plans of your dreams.
- A simple “pre-qualify”, which is just a simple review over the phone, on where you stand, and what lending may be possible
- Step by step guide on Loans to Build.
Senior Citizens
Asset rich but cash poor? Rather than just dream the possibility, if you (and your partner) are aged 60 or over, and you own your own home, we are able to provide access to a Lender (Sentinel) who can release some of the value you’ve built up in your home, without having to move. Special benefits include;
- Unlock your Wealth – release an immediate lump sum, and additional top ups from time to time, for whatever your want or might need
- Security and comfort – You can remain in the place you love living in until you decide it is time to move on
- Payback Only ONCE : Unlike more traditional loans, there are no monthly repayments with the Lifetime Loan. In fact there is nothing to pay until you sell the house – when you want or upon your death.
- Peace of Mind – Sentinel’s Loan Repayment Guarantee means that when the house is sold, for any reason, the amount required to repay your loan will not exceed the net sales proceeds of your house. The end result is peace of mind for your and your estate.
Non Conforming
Here are some typical examples of people we are able to help when the Lender says No;
- You have a successful business but cant show enough profit in the current year to qualify for a mortgage;
- You have adverse credit (black marks) on your credit file;
- You have a credit card or small hire purchase debt you wish to consolidate
- You don’t have adequate savings history or your deposit comes from an unusual source e.g gift
- Your have irregular employment patterns, such as contract, seasonal or part time work
- You have recently arrived in Australia;
- You are self employed and lack 2 or 3 years of profitable trading history required by traditional lenders
- You are 55 years or older and want to purchase anew property or re-finance an existing mortgage
