HOME LOAN
Home Loan
Our Home Loan solutions are tailored to clients’ specific needs. With a diverse range of offerings including Fixed-Rate, Variable-Rate, First Home Buyer, Investment Property, Refinance, and Construction loans, we cater to diverse property scenarios and loan application. Our personalised approach ensures seamless access to flexible financing options, guiding you towards securing your dream property. We pride ourselves on providing tailored lending solutions in bridging gaps to your success.
How Can We Help?
Expert Guidance and Options
As financial brokers, we navigate the complexities of the home loan market, offering access to a wide range of loan products. We analyse your financial situation and goals to present tailored options, providing clarity and informed decision-making.
Streamlined Application Process
We simplify the application process, ensuring a seamless application from start to approval. Our team assists in gathering necessary documentation, negotiating with lenders, and guiding you through each step, reducing complexities and saving valuable time.
Ongoing Support and Advice
Beyond securing the loan, we offer continuous support. Whether it’s answering queries, reviewing existing loans, or exploring refinancing opportunities, our commitment extends to ensuring that your home loan remains aligned with your continuous needs.
Home Loan FAQs
Getting a suitable home loan involves comparing different options, evaluating how much you can afford to borrow for your desired property, and then applying for a specific home loan. You can apply directly to the lender of your choice or work with a mortgage broker. If your application is approved, the lender offers the money as a home loan, which you repay over time following their terms and conditions.
The amount you can borrow depends on your personal financial situation and the lending policies of the chosen provider. Lenders assess factors like your income, expenses, and credit score to determine the amount they’re willing to lend you.
Generally, having a deposit of at least 20% of the property value is advisable. This is often referred to as an 80% maximum loan-to-value ratio (LVR). A larger deposit can reduce your home loan’s total cost, as interest is charged only on the borrowed amount. Smaller deposits may require payment for lenders mortgage insurance (LMI)
A fixed rate home loan locks the interest rate for a specific period, providing stability in repayments.
A variable rate home loan features an interest rate that can fluctuate based on market conditions and lender decisions.
Refinancing a home loan shares similarities with applying for a new home loan. Borrowers have the flexibility to choose a different home loan and are not obliged to stay with their original lender.
Many lenders offer incentives to individuals refinancing from a different bank. However, it is essential to consider various factors beyond these incentives. Be aware that switching lenders might involve application or switching fees.
For more information call us on 0410 598 828 or email us on czang@bestprofessionalfinance.com.au for free mortgage health checkup or for any loan enquiries.
Your home loan repayments will depend on the following factors:
- Type of loan: Different loan types have varying repayment structures.
- Principal amount: The amount you’ve borrowed
- Interest rate: The rate at which interest is charged.
- Repayment frequency: How often you make payments – weekly, fortnightly or monthly
- Loan term: The duration of the loan.
For more information call us on 0410 598 828 or email us on czang@bestprofessionalfinance.com.au for free mortgage health checkup or for any loan enquiries.
Several costs and fees are involved in purchasing property, including:
- Lender costs: Such as application fees, package fees, property valuation, and administration fees.
- Legal and conveyancing fees: Costs associated with solicitors or conveyancers, varying by state/territory.
- Mortgage insurance costs: LMI for loans over 80% of the property’s purchase price; larger
deposits can help reduce this. - Building inspection and report: Necessary before purchase; costs vary by property size and location.
- Pest inspection: Important for identifying pest-related issues before purchase.
- Stamp duty: A tax charged on property transfers, with rates and thresholds varying by region.
- Home insurance: Required upon contract exchange, with ongoing premiums and additional charges.
Post-settlement, budget for ongoing expenses like insurance premiums, rates, water charges, and potential body corporate fees for units or townhouses. Don’t forget to include regular home loan repayments in your budget.
For more information call us on 0410 598 828 or email us on czang@bestprofessionalfinance.com.au for free mortgage health checkup or for any loan enquiries
Testimonials
What Our Clients Say
Discover why Best Professional Finance is the trusted partner in bridging lending gaps
for clients’ success.
Thank you for your service Claire. You got us a good deal.
- KL
Claire was very helpful and supportive through the whole loan process! Thank you Claire for helping me
- MP
I would just like to say thank you for all your help in getting my home loan. Claire was a great help and
guided me through the whole process. Thank You.
- GV
Hi Clair
Thank you for an excellent and professional services. It was a pleasure doing business with you, even at
time it was frustrating for both of us dealing with banks bureaucracy and inexperienced staff. I am
exceptionally impressed with you level of knowledge and enthusiasm. Thank you
- NM
I would highly recommend BPF for all loans Claire was very reliable and helpful throughout the whole process from start to finish I will definitely be going there for any future loans.
- N
Hi Claire,
Thank you for providing excellent service for my home loan refinance.
Your enthusiasm in searching tailor made home loan solutions was great. The best thing was that you
made loan process straight forward
- NK
Claire is very helpful and professional. she will always get back to your questions and concern. Highly
recommend Claire for her service
- SS
Claire is easy to deal with and very approachable. She has helped many of our clients find suitable finance packages and we recommend her highly
- MS
Thanks to Claire’s professional service on my case, helped me a lot on refinance products
selection/processing/settlement, make my refinance so easy! Recommended definitely.
- TC
Claire has been amazing to deal with. She has gone above & beyond my expectations! Very professional
& friendly. Couldn’t ask for a better financial broker. Will definitely recommend her services.
- JD
Claire was extremely helpful and professional in finding a home and business loan product that suited my
circumstances. Not only did she help organise this over 12 months ago, but on our loan anniversary she
also contacted the bank on my behalf to lower our interest rates to the current prom
- MG
Thanks for Claire we manage to purchase a property during COVID. It was a difficult time but thanks to
Claire’s extensive knowledge and going above and beyond in terms of document preparation, helping us
to adjust our spending habits, and End-to-End follow through, we manage to get the loan that we needed.
Highly recommend reaching out to Claire for great mortgage advice and professional advice
- HL
It was an absolute pleasure working with Claire on our recent home loan refinance. Claire has an
excellent knowledge of the domestic lender market, including strong relationships with local lenders. She
was extremely professional, efficient, and most importantly, delivered a very smooth and successful
refinance. We would highly recommend her to anyone seeking an experienced broker, and we will
certainly look forward to working with her again in the future
- SL
Claire helped us move from one bank to another. As a result, we now are with a very reliable banker.
Instead of we spending long time on ‘shopping for the good rates’, she has done it efficiently and
professionally. We highly recommend her.
- AY
I received professional and helpful service on my recent home purchase. The whole process was easy and
the result was beyond my expectations.
I will definitely recommend her to my friends and family.
- MHC
Claire is really truly the best mortgage consultant out there. She is very authentic and genuine in her
service approach. She also genuinely cares about her clients and goes above and beyond suggesting other
elements besides the loan payments on how we can reduce and save money in other aspects.
Claire was very patient with us for 2 years and reapplied multiple times and never showed any sign that
she was tired! I can truly say she is now one of our trusted advisor and a good friend as she was part of
success journey.
You will not be disappointed with this powerhouse!!
- AK
Claire has done a great job working to find the best lender for me. Highly recommend. Thanks for the
good work!
- MH
I am extremely happy with Clarie. She worked tirelessly to organise the loan for us from the beginning to
the end. I can easily say that her service, knowledge and expertise is first class. Her advice and help
throughout the process has made the whole process painless . Highly recommend.
- KH
Claire did an amazing job finding a home loan that saved me over $7,000 on LMI. She took care of all the paperwork for the loan approval and made sure the process went quick and smoothly. As a first home buyer, I had many questions about the process and when to do what. Claire reacted to all my emails or text messages swiftly and explained everything with great patience (thanks again, I think I must have been a difficult customer at times!).
- JW
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