Kamal Bagga home finance broker

Kamal Bagga

  • Mobile: cell 0433000099
  • Phone: work 0397488000
  • Fax: fax 0397480088
  • Business Address: work 32a,380 Sayers Road Tarneit, VIC 3029 Australia
  • Business Name: The Finance Factory
  • Trading As: The Finance Factory

Kamal Bagga

Mortgage Broker Tarneit, Point Cook, Sunshine

Buying a property can be an exciting yet stressful time. With hundreds of home loan products available in the market, it can become quite overwhelming.

I believe each client is unique and has different needs and circumstances. Thus, my focus primarily is on first understanding the client’s situation and then translating it into the most suitable financial product. Together with years of experience, excellent understanding of the competitive home finance market and the right tools and technology providing access to an extensive panel of major banks and lenders, I thrive to achieve the best lending outcome for my clients that meets their current and future needs.

I am committed to providing first-class service that meets your needs and exceeds your expectations, every time. My aim is to make your home finance experience fast, simple and hassle-free.

Having a Masters in Finance Qualification gives me an extra edge to understand the client's financial position better and to work out the best financial solutions for my clients.

I can help arrange different types of loans for a range of clients, these include:

·        First home buyers

·        Commercial properties

·        Investment loans

·        Refinancing

·        Non-resident loans

·        Debt consolidation loans

·        Construction loans

·        LoDoc Loans, Self-employed

·        Non-conforming loans (e.g. adverse credit history

Home Loans

I am passionate about helping my clients achieve their dreams. As a mortgage professional I am dedicated to ensuring my clients are informed during every step of the process from the interview stage, right through to Settlement and beyond. 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. I have access to home loans from a large range of major banks and secure lenders, and I truly understand home finance in a real estate context.

First Home Buyers

Buying your first home is an exciting experience, but there can be 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 as a first home buyer and choose 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 to fill in the paperwork.

Home Loan Deposit

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 buyer incentives; it is important to note, however, that most lenders will require at least a portion of your deposit to come from genuine savings.

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, usually your parents, offers their existing property as security for a portion of the home loan, generally around 20 per cent.

Property Loans

When purchasing a property for investment purposes, the right finance is just as important as the right property. I will help you to find the right investment finance structure most suitable for your situation to help you maximise your overall investment plans and goals.

Debt Consolidation

Debt consolidation can be a handy solution when you are struggling with repayments on several debts, such as your home loan, credit cards, store 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.


Refinancing your mortgage is something that takes careful consideration. The most important thing to look at, is if refinancing will put you into a better position than you would be if you stuck with your current home 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 time frame 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.

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 your next home. 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 (often referred to as capitalising the interest). Once you have sold your old property, the proceeds go towards paying off the bridging loan.

Business Community Involvement

Being based at the Ray white office, I share a great rapport and excellent working relationship with the real estate agents and the conveyancers, lawyers and accountants providing me with an opportunity to be a part of the property purchase from the interview stage right through to settlement and beyond.

Book a FREE appointment with Kamal Baggaclick here

  • State: Victoria, VIC
  • Broker region: Melbourne West
  • Suburbs: Tarneit, Point Cook, Sunshine
  • Kamal Bagga provides mortgage broking services in suburbs including but not limited to: Tarneit, Werribee, Point Cook, Williams Landing, Altona, Caroline Springs, Bacchus Marsh, Sunshine, Melton, Wyndham Vale