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Hello world!

  • Post author:David
  • Post published:April 16, 2025
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Let's Get You A Home Loan Today

FAQ

How much deposit do I need to buy a home in Australia?

Most lenders require 5%-20%, but some offer loans with as little as 3% down. We’ll help you explore all your options – including low-deposit loans and first home buyer grants.

Can I use gifted funds for my deposit?

Yes, some lenders accept gifts from family or partners. We’ll ensure it’s structured properly so it doesn’t delay your approval.

What's the difference between a fixed and variable loan?

A fixed loan offers stability with a locked-in rate. A variable loan moves with the market. We’ll help you choose based on your lifestyle and risk tolerance.

How long does loan approval take?

Pre-approval usually takes 1-3 business days, while full approval can take 5-10 days depending on the lender and documentation.

Can you help with construction or off-the-plan properties?

Absolutely – we’re experienced with both and can guide you through staged payments, valuations, and lender requirements.

Do you charge for your service?

In most cases, our service is free to you. We’re paid by the lender once your loan settles, and we’re transparent about any exceptions upfront.

What documents do I need to apply for a home loan?

Typically, you’ll need ID, income statements (payslips or tax returns), living expenses, and details of existing debts or assets.

Can I refinance if I have bad credit?

Yes, we work with a range of lenders – including those who consider applicants with less-than-perfect credit histories.

What's LVR and why does it matter?

LVR stands for Loan-to-Value Ratio. It affects your interest rate, deposit size, and whether you’ll need Lenders Mortgage Insurance (LMI).

Do you work with temporary residents or visa holders?

Yes, we specialise in helping temporary visa holders and non-residents explore lending options suited to their visa class and income type.

Get Pre-Approval Today

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