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Mortgages

“Loan lingo” and mortgage paperwork can sometimes seem confusing and intimidating.

At abfinance, we pride ourselves on offering honest advice that builds our clients confidence in their financial literacy.

It’s our job to ensure you understand your lending risks, loan structure, and mortgage product features.

Mortgages

“Loan lingo” and mortgage paperwork can sometimes seem confusing and intimidating.

At abfinance, we pride ourselves on offering honest advice that builds our clients confidence in their financial literacy.

It’s our job to ensure you understand your lending risks, loan structure, and mortgage product features.

Interest Rates

It’s a common misconception that the best deals are at the biggest banks.

In our experience, ethical home loans are a rare way to make an impact without having to pay a premium.

Interest rates are constantly changing and will depend on a number of factors such as:

Type

Owner Occupier vs Investor

Owner-occupied loans usually have lower interest rates than investor loans.

Loan to Value Ratio (LVR)

The bank deems your loan “higher risk” once you borrow over 80% of the value of the property. If you cross this threshold you should expect additional fees and higher interest rates.

Repayment

“Principle & Interest” vs “Interest Only”

This decision will likely impact your interest rate, cash flow and financial future.


Other Factors

Are you a new customer?
Unfortunately, loyalty to your existing bank is often poorly rewarded.

Size of your loan?
Higher loan amounts can help attract lower interest rates.

The timing of your purchase or refinance?
Banks take turns running special promotions and pricing campaigns for limited times. 


Interest Rates

It’s a common misconception that the best deals are at the biggest banks.

In our experience, ethical home loans are a rare way to make an impact without having to pay a premium.

Interest rates are constantly changing and will depend on a number of factors such as:

Type

Owner Occupier vs Investor

Owner-occupied loans usually have lower interest rates than investor loans.

Loan to Value Ratio (LVR)

The bank deems your loan “higher risk” once you borrow over 80% of the value of the property. If you cross this threshold you should expect additional fees and higher interest rates.

Repayment

“Principle & Interest” vs “Interest Only”

This decision will likely impact your interest rate, cash flow and financial future.


Other Factors

Are you a new customer?
Unfortunately, loyalty to your existing bank is often poorly rewarded.

Size of your loan?
Higher loan amounts can help attract lower interest rates.

The timing of your purchase or refinance?
Banks take turns running special promotions and pricing campaigns for limited times. 


30+ Lenders

Connecting you with over thirty different banks across Australia.

30+ Lenders

Connecting you with over thirty different banks across Australia.

Different banks have different constitutions. There are customer-owned banks, and banks legally bound to maximise shareholders profits.

Banks also differ on their assessment policies, pricing, loan processing speed and ethical track records

So depending on your circumstances, it’s our job to recommend lenders that will smoothly get your loan; home.

Different banks have different constitutions. There are customer owned banks, and banks legally bound to maximise shareholders profits.

Banks also differ on their assessment policies, pricing, loan processing speed and ethical track records

So depending on your circumstances, it’s our job to recommend lenders that will smoothly get your loan; home.

Would you like to schedule a free consultation? Click Here