A home loan is one of the biggest financial commitments most people make. As a local Newcastle broker, we compare options across more than 30 lenders and explain the differences in plain English, so you can choose with confidence rather than guesswork.
Your own bank can only offer its own products. A broker can compare a wide panel of lenders, from the major banks to smaller specialists, and match the loan features to your situation rather than the other way around.
From working out your borrowing power to preparing the application and dealing with the lender, we manage the process and keep you updated. You make the decisions, we do the legwork.
Whether you want the lowest rate, an offset account, the ability to make extra repayments, or certainty with a fixed rate, we help you weigh the trade-offs for where you are now and where you are heading.
How much can I borrow?
It depends on your income, expenses, deposit and existing commitments. We can give you a realistic estimate after a short chat, before you start looking seriously.
What deposit do I need?
Many lenders look for around 20% to avoid Lenders Mortgage Insurance, but options exist with smaller deposits. We will talk you through what applies to your situation.
Does it cost me anything?
In most cases our service is at no cost to you, as the lender pays the broker. Some products may differ, and we will always tell you upfront.