Frequently Asked Questions
Why use a Mortgage Adviser?
Mortgage Advisers don't have ties or preferences with any particular bank or lender. This gains access to independent and non-bias advice. Our role is to work alongside you to ensure you get lending solutions to suit your needs, to educate you, and offer high level of service. To find the broker for you, click here.
How do we charge?
Mortgage Advisers (like us) are usually free! Should there be any fees incurred, this will be disclosed upfront.
How much can I borrow?
Most people jump online and use a bank calculator and complete minimal information which provides them with a lending amount. This is very vague and most likely will not be accurate. How much you can borrow depends on a number of factors such as income, deposit, expenses, credit rating, and overall financial position. If you want an understanding of your borrowing capacity get in touch with Goran or Neve here.
The process? Simple.
Step one: Meet with one of our Advisers
Speak to Goran or Neve to discuss your property and finance goals.
Step two: Gathering of relevant documents required for an application
Documents that are relevant to your application will be requested so we can process the application.
Step three: Application submission
Your application will be submitted to your most suited bank/lender to obtain approval.
Step four: Recommendations/Advice
This comes and the back end of the process before your loan is ready to be documented. We will discuss bank suitability, rate options, loan structure, and reasonings behind these recommendations. From here, our support is ongoing through to signing loan documents and beyond.
You will be kept in the loop throughout the process. You can reach out anytime as we are here and happy to help.
Why use a Mortgage Adviser instead of going directly to the bank?
Using a Mortgage Adviser gives you access to a wide range of lenders and mortgage products. Our advice is non-biased which means we can hunt for better deals and take you to the bank that best suits your needs. We offer ongoing support and expert guidance.
What is equity and how can I use mine?
Equity is the difference between the current market value of your property and the amount you still owe on your mortgage. To release equity in your property, a full application is required from the bank. Get in touch with Neve or Goran and they can give you a helping hand!