Mortgages

    Can your mortgage broker save you thousands of dollars on your home loan?

    When choosing a home loan the most important thing is to find the one that suits your particular financial situation. Choosing the right home loan could save you thousands of dollars over the life of your mortgage. Our mortgage broker team takes pride in finding the right home loan for you.

    Can your mortgage broker save you thousands of dollars on your home loan?

    When choosing a home loan the most important thing is to find the one that suits your particular financial situation. Choosing the right home loan could save you thousands of dollars over the life of your mortgage. Our mortgage broker team takes pride in finding the right home loan for you.

    How we do it:

    At Bridgecoast Finance we have access to over 30 lenders with hundreds of financial products. Don’t waste time trying to compare all the home loans and lenders on the market – we have already done the leg work for you! This means that we can negotiate the best rates and obtain the best financial deals for you.

    Our experience and leverage as mortgage brokers ensures we arrange the best deal – saving you thousands of dollars of the term of your loan.

    Here is how we do it:

    At Bridgecoast Finance we have access to over 30 lenders with hundreds of financial products. Don’t waste time trying to compare all the home loans and lenders on the market – we have already done the leg work for you! This means that we can negotiate the best rates and obtain the best financial deals for you.

    Our experience and leverage as mortgage brokers enables us to arrange the best deal for you – saving thousands of dollars over the term of your loan.

    First Home Buyers

    Loan Contract

    Purchasing your first home can be very exciting and very daunting. You need to consider the following questions when making the decision to buy your first home:

    How much can I borrow?

    How much can I afford?

    Where should I buy?

    Bridgecoast can help with these questions and more. At Bridgecoast we have access to many different home loan options and we will help find the best one that suits your needs.

    Pre-Approval

    It is a good idea to get a pre-approval before you start looking for a home. This will give you an estimation of how much you can afford, as well as provide peace of mind that you won’t miss out on your ideal home because of delays in arranging finance.

    Applying for a pre-approval with Bridgecoast is easy – ASK US HOW.

    Stamp Duty

    Stamp duty is a state government tax payable both on the purchase price of your home and on the value of your mortgage. The amount payable varies between state and territories.

    You may be eligible for the Federal Government First Home Owner Grant (FHOG) or stamp duty concessions. For more information please contact your local State or Territorial Revenue Office.

    Investing in Property

    When it comes to making the most of an investment property, finding the right home in the right location is only half the battle; finding the best finance is the other half. Many options are available and the choice of home loan will ultimately depend on your particular investment strategy and the type of property. Here are the three main choices.

    Standard Variable Rate or Fixed Rate Home Loan

    Depending on your circumstances, most lenders will let you borrow up to 95 per cent of the purchase price of an investment property. You may, however, be required to take out lenders mortgage insurance.

    Interest Only Home Loan

    With an interest only home loan, repayments only cover the interest component. The principal is repaid in full at the end of the loan term (usually three to five years). Because borrowers only repay the interest component, interest only loans have lower repayments than principal and interest loans.

    Equity Home Loan

    If you already own or substantially own your home, you can borrow against the “equity” you have accumulated. Equity is simply the difference between what your property is worth and what you owe. For example, if you have $200,000 to pay off on a home worth $500,000, you have $300,000 worth of equity. An equity home loan gives you a line of credit on your mortgage up to an approved amount. The loan can be taken in full or in stages, making it particularly useful for property investing.

    Call us on 1800 803 428 or:

    Accredited Lenders

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    Accredited Lenders

    Adelaide Bank logo
    AMP logo
    ANZ logo
    Australian First Mortgage logo
    Bank West logo
    Beyond Bank logo
    Bluestone Logo
    Citibank logo
    Commonwealth Bank logo
    First Mac ACN Logo
    Heritage Building Society logo
    Homeloans Ltd logo
    ING logo
    La Trobe Financial logo
    Liberty logo
    Macquarie Bank logo
    ME Bank logo
    Mortgage Mart logo
    NAB logo
    Newcastle Permanent logo
    Pepper logo
    PLAN Lending logo
    St George logo
    Suncorp logo
    The Rock Building Society Limited logo
    Virgin Money logo
    Westpac logo

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