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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

ANZ
Commonwealth Bank
Bank of Queensland
Capital Finance
Macquarie
Metro
NAB
Pepper
St George
Westlawn
Westpac
Cashflow Finance
Rate Setter
Drive Finance Solutions
Spotcap
Prospa
On Deck
Latitude
ANZ
Commonwealth Bank
Bank of Queensland
Capital Finance
Macquarie
Metro
NAB
Pepper
St George
Westlawn
Westpac
Cashflow Finance
Rate Setter
Drive Finance Solutions
Spotcap
Prospa
On Deck
Latitude

Privacy

Bridgecoast Finance Group is owned by Atlas Equipment Finance Pty Ltd and Plus 61 Finance Pty Ltd. Plus 61 Finance Pty Ltd is a Corporate Credit Representative (CRN 500421) of BLSSA Pty Ltd ACN 117651760 Australian Credit Licence Number 391237