We will need to verify your:

- Income

- Expenses

- Assets

- Liabilities

For PAYG Applicants this will usually consist of:

- Payslips

- Bank Statements

- Loan Statements

For Self-Employed Applicants:

- Business Financials

- Tax Returns

- ATO Portals

- Loan Statements

Specific requirements may vary by lender - contact us to confirm what documents you will require!

Your borrowing power is calculated on a number of factors including:

- Income

- Expenses

- Credit Score

- Existing Liabilities

Each situation is different, we will evaluate this during our initial catch-up!

Variable rate loans as the name suggests are subject to change the rate in line with the OCR (official cash rate) announced by the RBA. This rate is impacted by many factors, with inflation being the key driver.

They tend to be more flexible with no lock in periods or early exit costs.

They also have the advantage of being able to be linked to an offset account and/or redraw facility which allows you to place surplus funds into the account to reduce your monthly interest charges whilst still giving you access to those funds.

Fixed rate loans on the other hand lock you into a rate for a period of 1-5 years.

The rate will remain the same over your chosen period.

They are a little less flexbile with no access to an offset account or redraw facility and you're often limited to only being able to make smaller extra repayments into your loan during the fixed rate period.

They do offer certainty on monthly repayments with no fluctuations during the term.

At the end of the period, you roll over into a variable rate loan or renegotiate another fixed rate term.

This varies greatly by the type of borrower and complexity of the application.

We've been able to achieve pre-approvals in as little as 4 hours and a full approvals in 36 hours from the first client conversation.

Talk to us as soon as possible if your matter is urgent so we can get the process started

When we help you secure a loan, the lender pays us a commission for introducing you to their products.

This commission is already built into the cost of the loan, meaning you don’t pay anything extra for using a broker.

The commission comes from the bank's bottom line and savings from not having to use their own employees to process the loan.

We are able to compare hundreds of options and are not linked to any one bank, you're essentially dealing with 100 banks at once!