Financial Services

Residential Home Finance

Residential home loans are loans for individuals, couples and families who are buying their own home, acquiring an investment property, purchasing a block of land or building a home to live in.

The long-term protection of your home and growth of your investment portfolio are vital to compliment your life successes. Your home loans and investment loans require a special understanding that only those who specialise in this field can help you with. If you are a business owner, this adds a level of complexity and extra requirements to ensure you have the right finance structure in place for long-term growth.

The funds or equity you require as a deposit has increased, with some banks, to 20% but it is still possible to get mortgages on 5% deposit, of the value of the house, if you have strong income and a good personal profile.

Types of Residential Property Loans available:

Standard Variable Rate Loan

Standard Variable Rate Loans, are the standard home loans that Lenders supply. They are the most common type of loan approved by Lenders. On a variable rate, the interest rate will fluctuate with changes in the market.

Fixed Rate loan

A Fixed Rate home loan is offered to a client that requires the certainty of a known repayment amount, and who also wants to protect against possible interest rate increases.

Line of Credit

A Line of Credit allows the client to combine all of their borrowings into a single account. This type of account offers instant access to funds and the client can draw on their line of credit up to their approved limit at any time. The difference between a Line of Credit and Standard Home Loan types are that there are no principal payment requirements, so additional payments can usually be made without penalty. Monthly payments of interest need to be met on these facilities.

Construction Loan

Construction Loans are suitable for any borrower intending to build a new home on a vacant block of land, acquire a house and land package or make improvements to their existing home or investment property. The terms and manner in which they operate differ dependent on the application but they are usually offered on a standard variable basis where the borrower is charged interest only on the outstanding balance. Once construction has been completed, these loans are normally converted to one of the more standard loan types.

Give your family a home and an investment for their future.


Business Bank Loan

A business loan is secured against real assets* (vehicle, house, land, commercial premises, or other business assets). A standard secured bank loan can be great for raising working capital, purchasing commercial property, expanding, re-financing your business, or anything else.


An overdraft is a credit facility attached to your everyday business transaction account. It allows you to go into a negative balance (take out more cash than you have) and use the bank’s money as credit.

An overdraft can ease fluctuations in your cash flow by providing instant cover for unexpected expenses or larger orders. It can also help to cover the time between a sale and a payment.

Business Credit Cards

A business credit card is a credit facility that allows you to pay for goods and services with an interest-free period (usually 45–60 days). The credit is revolving, which means that you can use up to your agreed limit as and when you choose — even if you’ve made payments.

Interest-free periods let you hold on to your own cash for longer without having to pay extra, allowing you to take up opportunities as they come along.

Rural Finance

The more information you supply at the time of applying for a loan, the quicker we, the broker can respond.

Much the same information will be required as for residential borrowers, with some slight variations:

Area of property being purchased or refinanced

Stock units or actual stock numbers

Effective area, i.e. h.a.’s owned, leased or sharefarmed

Cash flow projections

Milk production, calving or lambing rates

Past three years’ tax returns and financial statements.

Motor Vehicle Loans

As suggested by the name, car loans are those loans lent to individuals specifically for the purpose of purchasing a car.

Car loans do sometimes also get referred to as car financing and their interest rates are generally lower than Personal Loans.

This obviously waxes and wanes depending on the economy. Car loans are the second most common form of loan taken out by individuals, only being eclipsed by the home loan.

Equipment/Asset Finance

These contracts enable companies and business professionals to finance equipment purchases without capital outlay or a significant impact on working capital.

The main difference between the two contracts is that with an asset purchase contract the title vests with the financier. At the end of the contract, the title automatically passes to the borrower.

With a chattel mortgage, the client acquires immediate ownership of the equipment, over which a charge is registered with ASIC as security for the loan.

Goods which are predominantly for business use may be financed 100% this way, with payment structured to match the cash flow.

The tax deduction would normally be the interest portion of the payments plus the depreciation on the goods financed.

Commercial Finance

A commercial loan is a loan lent to a business, for a defined purpose.

The loan is generally secured and can be both long term or short term depending on the purpose of the loan.

Details of the agreement will depend on a number of factors, namely, the relationship between the lender and the business – whether they have had previous dealings, the credit history of the business, the market and so forth. Like home loans, these to can be either fixed interest or variable.

The more information you supply at the time of applying for a loan, the quicker we, the broker can respond.

Much the same information will be required as for residential borrowers with some slight variations:

Valuation – most lending institutions insist on Registered Valuations addressed to them for “lending purposes”

Bridging Finance

Do you want to buy a property but have not yet sold your existing property? Well if you have sufficient equity in your existing property.

Bridging Finance might enable you to buy the new property now and when you sell the other property, the Bridging Loan is repaid in full or reduced and converts to a Standard Home Loan.

Bridging Finance is usually provided on a 6 to 12 month loan term (giving time for your property to sell) and any remaining debt is repayable over the Standard Home Loan term of 25 or 30 years.

Historically, Bridging Finance interest rates were high but today Standard Home Loan Rates apply. Interest Only payments general apply during the “Bridging Period” and some lenders even factor in the interest component in the loan amount so loan affordability is improved.

Bridging Finance does come with risks so discuss these with your Mortgage Broker.

Debtor & Invoice Finance

Invoice or debtor finance is a lending facility secured against outstanding invoices that you have issued to customers. When you create a new invoice, the finance company will lend you up to 80% of the invoice value. When the customer pays, the remainder of the cash is forwarded to you, less the provider’s interest and fee. This allows your business to maximise working capital, boost cash flow and assist with funding as your business grows