Do you dream of owning a home?
We make it happen!
Investment Property Loans
Planning for the future? Property is a great investment.
We can arrange commercial finance, low document loans, second mortgages and private lender finance.
Before you begin to build your property portfolio, talk to us about your plans and needs so you can structure your lending to suit your goals.
Home Loan Re-financing
Free up capital for renovations or some other purpose, or get a better loan rate.
Re-financing your home loan might enable you to free capital for investments, renovations or to make some other dream a reality.
It is always sound practice to compare the interest rate you're paying against the current market. You may find that you are paying a higher rate than you need.
First Home Buyers
Buying your first home is one of the most exciting moments of your life!
When you buy your first home, uncertainty and fear of the unknown can add to the stress and confusion. Let us help to guide you through the process of loans, sourcing grants, buying your home and organising your financial information for lenders.
Do you wish you had known how to fund investment properties many years ago? If you had found Eureka 10 years ago, you might now be a wealthy person! Nevertheless, you have made a start and now could be on your way to your first few investment properties that generate enough income to pay the loans!
Before you complete an application form, you are most welcome to talk to us about your plans and needs. Either phone us or complete the on-line General Enquiry form.
However, if you are ready to apply, please complete the on-line application form, or if you prefer, down load a copy of the form as an Interactive PDF.
How to Apply for a Loan
What is the Process
Lenders seek answers to 3 key questions:
What is the value of the property?
They will undertake a property valuation that is generally performed by a specialist professional valuer. They may need to look through the property. They will also look at the market values of comparable properties in the area. In some cases, you may be charged for this service.
Who are you?
Your identity needs to be verified. This is often referred to as a 100 point check. You may be asked for documents such as a drivers licence, passport, credit card, rate notice or utilities account; or something that shows who you are and where you live. Most lenders will require a credit history from a credit agency.
Can you afford to make the re-payments?
This is usually referred to as 'serviceability'. Lenders need to know that you can afford the loan. You need to be open and honest as you could be breaking the law if you deceive the lender. It is a legal offence for a lender to lend funds to someone who can't afford the re-payments, so lenders take this criteria very seriously.
What information do you need to supply?
Personal finances can be quite complicated. Common questions of applicants are:
When you provide information, how far do you need to go back?
Do you need to declare every small loan or debt?
What do lenders see as important?
It is important that you are transparent. We will help you to sort out the information lenders require. Don't hold back. Don't be embarrassed about any of your financial history. We have been around a long time and have helped may people with all sorts of complicated issues.
What is embarrassing for both our clients and us is when we submit a loan application to a lender and it is rejected because the lender unveils a finance issue that wasn't declared at the time of application.
Please feel welcome and comfortable to discuss any issues with us. All information is completely confidential.
First Home Loan Bonus
The First Home Owner Grants were introduced by the Australian Federal Government in year 2000 to offset the effect of the GST on home ownership. Whilst it is a national scheme, it is funded by The States and Territories and administered under their own legislation.
For contracts entered into on or after 1 July 2013 to build or purchase a new home, a payment of up to $10,000 is available for eligible home buyers.*
For further information please visit *www.firsthome.gov.au and click on the State or Territory of the location of your prospective purchase. The various State web sites contain details for the grants, application processes and forms required.
Benefits of Re-Financing include:
Saving on selling costs, stamp duty and other purchasing costs
Saving on moving expenses and the time and effort that goes with it
inconvenience of notifying everyone of your change of address
You can free up cash to perform some sort of improvement/renovation to your home adding further value to it
Free up cash for some other purpose
While you're looking for your new home or planning whatever your dream is, we'll be working hard to find you the best deal for your loan.