Our Lending Solutions
We simplify the process of buying a home with clear explanations and assistance all the way through to settlement. whether you are a first home buyer or looking to sell and purchase we have you covered.
By comparing hundreds of products on the market we can provide you with a choice of loans and interest rates that are best suited to your individual situation. We can give in-depth advice and guidance to help you make a fully informed decision and negotiate the best possible rate and terms for you.
Loan structure and features can play an important role in determining what loan is best for you. For example, an Offset Account may be beneficial to meet future objectives and may have tax benefits. It is vital you get it correct depending on your current position, goals and strategy. You may also have the option of leveraging your current equity position, to help you build a property portfolio. We can discuss ways to hedge against rate rises with fixed rates. Which may help in budgeting loan repayments to the rental income being received.
It can’t hurt to ask, as we can assist with valuations on existing security, borrowing capacity and conditional approvals.
This type of mortgage loan is different to a standard home loan. It is not as straightforward as a regular home loan. This is because it involves two separate lending transactions (a land loan and a construction loan) and multiple draw downs, referred to as progress payments. The construction loan is typically Interest Only until completion.
At Anchored Financial Services, we’ll walk through the options available to you and what you’ll need to do to ensure we can secure an approval when the time comes.
The funds are issued to your builder once they have completed each stage, in line with your agreed contract. This ensures your build is completed to schedule and in agreement with the fixed price contract.
For many, the idea of refinancing a mortgage can be daunting. Your existing loan could be better structured, or your rate could be out of market. A shift in circumstances may mean it is time to revisit your home finances.
We regularly find generous savings for clients, by reverting to a cheaper offering, whilst upgrading loan features. It is not uncommon for savings to be in the thousands, potentially taking years off your loan term. The at Anchored Financial Services we will help you weigh up your choices to ensure you are getting the deal that best compliments your circumstances.
Fees and fixed versus variable interest rates need to be considered. A refinanced loan might help you to pay off your mortgage faster and for less, clear unhealthy debt (consolidation) or upgrade and add value to your home (Cash-out).
As a professional (Medical, Accountant, Legal etc), you may be privileged to benefits not available to applicants from other industries. This might include borrowing 95% on a residential property without Lender’s Mortgage Insurance.
Commercial loans are for those who are looking to refinance or purchase commercial property.
At Anchored Financial Services, we assist with commercial property transactions for example retail shops, warehousing, professional spaces, purchasing to invest in commercial security and complex transactions.
A deposit bond—also known as a deposit guarantee—is a guarantee to the vendor that the purchaser will pay the deposit at settlement. For example, if you need to pay a 10% deposit when purchasing a home, but don’t have that cash on hand, a deposit bond is a substitute for that cash.
When the time to settle comes, the purchase price is paid in full, and the bond lapses. We can help in explaining and arranging the right deposit bond.