FAQ's

A broker is a financial expert who works closely with you to comprehend your borrowing goals and help assess your loan eligibility. Unlike direct lenders, brokers provide a more customized service and have access to a wide range of loans from various lenders, allowing them to find the best interest rates and loan conditions suited to your individual needs.

When you obtain a loan through a broker, you won’t incur any extra repayments or fees. Brokers receive a commission from the lender for attracting new clients, but this does not affect your interest rate or any other terms of your loan agreement.

Utilizing a broker is generally free for you, as the broker is compensated by the lender. Brokers can access a diverse selection of loan products from multiple lenders, allowing them to find the ideal loan tailored to your unique circumstances. This often means securing the lowest possible rate and the most beneficial product features for you.

However, it’s important to note that some brokers might charge service fees, which they are obligated to disclose before providing their services.

Our borrowing calculator can provide you with an estimate of how much you might be able to borrow. For a more precise assessment, we encourage you to reach out to our team. We will explore your options and take a closer look at your individual circumstances.

As the name implies, variable-rate home loans have interest rates that can change over time. These loans typically offer greater flexibility, including features like redraw facilities and the ability to make extra payments. However, they do not provide fixed repayment amounts.

On the other hand, fixed-rate home loans come with predictable monthly repayments, so you know exactly how much you’ll need to pay each month for the duration of the loan term. While these loans might lack some of the flexible features of variable-rate loans, they offer peace of mind for those who prefer consistent budgeting.

When choosing the right type of loan for you, consider what matters most—whether it’s the flexibility of variable rates or the stability of fixed monthly payments.

Thanks to our partnership with a mortgage aggregator, we have the benefit of accessing loan options from more than 50 different lenders. This enables us to offer you a variety of tailored choices that best fit your unique needs and circumstances.