OUR HOME LOAN & LENDING OFFER
There are hundreds of home loan products on the market and it is important that you find a solution that best suits your needs, budget and personal requirements.
All of your lending needs will be refered to Your Home Loan Advice (YHLA)
You can expect them to identify which products are most suitable for you and to help you choose the correct solution.
They also pride themselves on their ability to get your loans settled and will assist you with collecting your documentation and preparing your application.
They have extensive experience in all things lending, including:
FIRST HOME BUYERS
A home buyer can obtain financing (a loan) from a financial institution to purchase a property by using a mortgage broker (YHLA). First home buyers may enjoy a grant from the government to assist with their first home purchase and we can also help to ensure you receive any entitlements.
The features of your loan – such as the size of the loan, maturity of the loan, interest rate, method of paying off the loan and other characteristics, can vary considerably. When you’re a first home buyer, it’s always best to speak with a mortgage broking professional to determine the loan that is right for you and help you to understand everything you should know about the home buying process.
INVESTMENT LOANS
Investment loans are structured in a specific way to allow you to make the most of your capital and assets. We can help you to formulate an investment plan that works toward building your wealth and securing your financial future. We will then work with you to help ensure your finances are always working optimally to help you achieve your goals.
For some, the future may seem a long way off, but the time to act is now because when it comes to making a profit from investing in property, time is your friend. The housing market is generally a seven to ten year cycle: there are always highs, lows and steady patches. But over time, property values have proven to rise fairly consistently. That’s why a long-term investment strategy is considered to offer the investor the lowest risk.
COMMERCIAL LOANS
Commercial loans may be used for a wide variety of purposes, from purchasing commercial property to providing funds for business use.
Smaller businesses frequently require financing to operate, expand and grow and do not typically have direct access to the debt and equity markets for financing purposes. Therefore, they must rely on financial institutions to meet their financing needs. We can assist with a variety of commercial funding options, including renewable loans that can be used to finance a company’s immediate working capital needs, as well as asset finance or leasing options for plant and equipment, and much more. These financing options can be large or small scale. Simply talk to us about your needs and goals and we’ll help you to explore your options.
STANDARD VARIABLE & FIXED RATE LOANS
Variable rate loans generally offer more features and flexibility than other home loan products, particularly the basic or “no frills” loan. With a variable rate loan, the rate can change at any time and lenders usually raise or lower their variable interest rates in line with the Reserve Bank of Australia’s decision on the official cash rate.
Fixed rate loans are set at a fixed interest rate for a specified period – usually one to five years. Fixed rate loans give you the advantage of knowing exactly what your repayments will be for the fixed rate term, but this is offset by the disadvantage of not benefiting from any drop in rates that may occur during your fixed rate period.
HONEYMOON LOANS
A loan with lower repayments for the first six to twelve months is often called a Honeymoon Loan. After the honeymoon period, the loan becomes a standard variable rate loan and the repayments usually increase. If you are planning to take advantage of a honeymoon rate, you will need to make sure that you can meet the higher repayments for the remainder of the loan once the honeymoon period is over. You could also be faced with a fee at the end of the honeymoon period to switch to another loan option.
BRIDGING LOANS
A bridging loan is often used by home owners who are moving on to their next home. A bridging loan is usually a short-term loan that is used when it is necessary to cover the gap between buying your next property before the existing one is sold. This finance is generally secured against your property and allows you to utilise the equity in your existing property. Bridging loans usually carry a much higher interest rate than other types of loans, so if you believe you may need financing for a longer period, talk to us about your other options.
CAR LOANS
With buying new and second hand cars there is always a lot of things to tick off to ensure you are getting the best deal. Car dealers are known to package up their offers with some times all the fees not being completely shown when it comes to the finance part.
We encourage our clients to buy the car from the dealer and then get independent finance sorted. This is where we can help. Get in contact and we can organise a vehicle finance quote for you.