Mortgage Broker Mermaid Waters, Robina, Broadbeach
Home Loans in Mermaid Waters
I have access to home loans from a wide panel of major banks and secure lenders, and I truly understand home finance in a real estate context. Getting your home loan sorted out early can ensure you are in the best position to negotiate for your home on your own terms. And while the home loan application process can seem daunting, it is often simpler than most people think.
Getting into the property market with the right support makes the transaction run smoothly to get you into your new home or investment sooner.
Home Loan Deposits
Most banks and lenders will require a minimum deposit of 5 per cent of the value of the property you are purchasing, before they will approve you for a home loan. Depending on the lender and your individual situation, you may be able to fund your deposit from a range of sources, including genuine savings, monetary gifts, inheritances and first home owner incentives. However, most lenders will require at least a portion of your deposit to come from genuine savings.
Dayna, I don't know how to thank you enough You have done a great job in getting our home loan through. I will have no hesitation in referring you to friends and family looking for a loan. Once again thank you so much. Thank you, Dennis
If you don’t have the deposit required, you may be able to make use of family equity, also known as a limited guarantor loan. The most common form of family equity is where a family member, offers their existing property as security for a portion of the home loan, generally around 20 per cent.
First Home Buyers in Mermaid Waters
Buying your first home is an exciting experience, but there is a lot to think about. I make the home loan application process as smooth and easy as possible, so you can concentrate on finding the right home. As part of my service, I will help you to understand the types of home loans available to you and will assist you in choosing the right one for your situation. If you are eligible for the First Home Owners Grant or any state government first home buyer assistance, I will help you fill in the paperwork.
We both wish to say thank you most sincerely for the professional way in which you worked to produce a successful outcome and so solve our financial nightmare. It has been a pleasure in working with you and hope you will have many many more success in the future. Once again thank you so much. Yours Sincerely, Marissa and George
Home Loan Pre-approval
Home loan pre-approval is a great way to ensure you know how much you can afford to pay for a property before you even start looking. A written pre-approval can also give you an advantage when negotiating on a property with a vendor, as opposed to someone who has no pre-approval or finance in place. Home loan pre-approval is generally valid for about three months, and you will still need a satisfactory valuation on the property you intend to purchase before your pre-approval can progress to a full loan approval.
Just wanted to drop you a note to say Thank You for your assistance. I went through a couple of banks before coming to you and none of them were willing to assist like you did. Thanks again! Zafar
Property Investment Loans in Mermaid Waters
Property investment can be a smart wealth creation strategy, if you get it right. And that doesn’t just mean finding the right property – you need the right investment finance as well. Your investment loan package should be tailored to your investment strategy and goals. I work closely with your financial planner and accountant to make that happen. Whether you are an experienced property investor with a big portfolio, or just starting out with your first property, I can help you get the right investment loan for your circumstances.
Refinancing your mortgage is something that takes careful consideration. The most important thing to look at is if refinancing will place you in a better position than you would be if you stuck with your current loan. I can go through the sums with you to show you the costs involved in changing home loans, as well as your projected costs over a set timeframe for both your current and proposed home loans. And if you decide that refinancing is the right move for you, I will help you complete all the necessary paperwork to make the change.
We chose to refinance our home/investment loans just prior to christmas 2012, and went straight into the holiday season and busy times with floods etc. Dayna and her team were there for all our numerous questions and did the chasing of all the forms and paperwork that needed to be completed. As well as liaising between the two banks and ourselves. We were kept up to date at every turn. We are very satisfied and would highly recommend Dayna and her team. Thank you kind regards, Janelle and Steve
Debt Consolidation in Mermaid Waters
Debt consolidation can be a handy solution when you are struggling with repayments on several debts, such as your home loan, credit cards and personal loans. Debt consolidation works by combining all those debts into your home loan, which is generally the debt with the lowest interest rate. Because the interest rate is lower, and the loan term is usually longer, your monthly repayments will drop, giving you a bit of breathing space.
Business Loans Commercial Loans
Good business finance is invaluable when purchasing and growing your business. Business and commercial loan options vary depending on whether you are a start-up or existing business. Whether you are buying commercial property, undertaking property development, expanding your business or need some cash-flow funding, assistance from an expert commercial finance broker will be invaluable.
Low Doc Loans for Self-Employed Borrowers in Mermaid Waters
Many self-employed borrowers need a loan that isn’t quite standard, mostly because they don’t have the full financial history required to get a regular loan. Low documentation, or low doc, loans fulfil the needs of many self-employed borrowers. You’ll still need some financial history and paperwork – often about 12 months BAS statements and an ABN that has been active for at least 6-12 months.
Upgraders / New Property Buyers – Bridging Loans
Financing the move from one property to another can be quite stressful, especially if you are yet to sell your home – a bridging loan can help free up the funds that are tied up in your current property to purchase the next one. With a bridging loan, your lender will use both your current and new property as security and lend you enough to buy your new home.
While you are waiting for the sale and purchase process to be completed on both your current and new property, you make interest only repayments on the loan, or maybe even no repayments at all (referred to as capitalising the interest). Once you have sold your old home, the proceeds go towards paying off your bridging loan. The amount left over (known as the end debt) is then transferred to a standard home loan, becoming the home loan on your new property.
Other Types of Loans Available
- Construction Loans
- Renovation Home Loans
- Bridging Home Loans
- Non Conforming & Specialist Lending
- Bankruptcy and Credit Impaired lending
- Commercial lending
- Asset Finance Leasing & Car Loans Personal Loans
- Diploma in Financial Services
- Financial Services IV PAMD
- Real Estate Sales Training
- Full Member of the MFAA Full Member of COSL
- State: Queensland, QLD
- Broker region: Gold Coast
- Suburbs: Mermaid Waters, Robina, Broadbeach
- Dayna Hill provides mortgage broking services in suburbs including but not limited to: Mermaid Waters Mermaid Beach Robina Broadbeach Broadbeach Waters Miami Varsity Lakes Burleigh Currumbin Palm Beach