- Home Finance
- Line of Credit Finance
- Bridging Finance (buying and haven’t sold yet)
- Investment Property Finance
- Debt Consolidation (refinance that short term unsecured debt)
- Property Development
- Refinance to secure a better deal from a different Lender
- Release equity from your property / cash out
- Reverse Mortgage / Seniors Loan
- Consolidate your business debt into a consumer loan and start saving $$$
- Personal Car Loans
Note:
The banks generally assess affordability based on a higher interest rate of around 2.50%-3% above the prevailing rate and based on a P&I basis (Principal & Interest).
When purchasing a property in South Australia, government Stamp Duty Fees on the purchase are typically around 5% of the purchase price mark, as a guide (refer to the calculator below for a more accurate figure).
Standard documents required to proceed with a home loan application or pre-approval assessment
- Home Loan Enquiry Form (click here to complete)
- 3 recent payslips
- Personal Bank Account bank statement of the borrowers (showing last 2 months transactions)
- Personal Credit Card bank statements of the borrowers (showing last 3 months transactions)
- Existing Home Loan bank statements of the borrowers (showing last 6 months transactions)
- ID – Copy of Driving Licence (front & back) and Passport or Birth Certificate (all in colour)
- Purchase Contract if applicable
Please Note: We are required to sight original ID documents prior to loan documents being provided and in some cases prior to submitting the loan proposal for formal bank assessment.
Borrowing and Credit Tips
MoneySmart is an initiative of the Australian Securities & Investments Commission.
Offering you tips & tools to help you make the most of your money
Click Here for MoneySmart Borrowing & Credit Tips
Agent for Allianz Australia Insurance Ltd
Covering General Insurance on:
- Home Buildings & Contents Insurance
- Landlords Insurance
- Comprehensive Car Insurance
Click Here for our Credit Guide & Privacy Policy