RESIDENTIAL
Whether you are looking for a fast and easy home loan or business finance, we get to know you personally to understand your unique circumstances. From our experience, we know which lenders will have the product that will meet your needs, and we negotiate what’s right for you, not what’s right for the bank.
BUYING A HOME
Whether you’re buying your first home or your next home, we can help you to get the best home loan for your needs.
Your financing needs deserve the care of a specialist. We offer no stress finance and straight talking, so you can save time and go back to what you do best.
Most banks lending models are set up to process all customers through the same funnel. We believe that no two individuals are the same. We go to lengths to understand exactly what you want and need, and we can advise you on which loans will best suit your needs. We present a case on your behalf and ensure that you get the best deal possible.
FIRST HOME BUYER
Buying your first property is one of the biggest decisions you’ll ever make.
We provide you with the basic facts and options in a clear and easy to understand manner. Whether this involves a parental guarantee, low savings loan, high LVR or simply the best rate, we will get you the deal that best suits your individual circumstances.
NEXT HOME BUYER
As life moves on, family and needs grow, as well as the need for more space.
You will likely start to look at bigger properties to suit your changing circumstances. Trading up or trading down are both significant stages in life. We will provide you with advice at every step by letting you know what’s possible.
MORTGAGE CALCULATORS
How much can I borrow?
BORROWING POWER CALCULATOR
What will my repayments be?
LOAN REPAYMENT CALCULATOR
Which is the cheapest loan?
LOAN COMPARISON CALCULATOR
What are the buying costs?
PROPERTY BUYING COSTS CALCULATOR
How much is the Stamp Duty?
STAMP DUTY CALCULATOR
How can I compare loan rates?
COMPARISON RATE CALCULATOR
CLIENT STORY
NEW HOME & RENOVATION
Ben and Jessie were looking to trade-up. Ben is an electrician in the Northern Beaches, Sydney. His wife, Jessie, works in Marketing and is on extended maternity leave. They bought their first home five years ago. The family has grown and needed a bigger home. They found an ideal place, but it needed renovation work.
As a tradie, Ben’s experience of banks has been consistently poor. Not only would they not give him a straight answer, they made him take time off work to gather endless heaps of paperwork for even the simplest of things.
The problem they also faced was that banks don’t lend for future renovations when buying a property. Banks will generally only lend up to 80% of current property value, but Jessie and Ben needed and additional $200,000 for repairs and renovation.
They also needed part of the cash from the sale of their first home for Stamp Duty and other taxes.
We managed to get them a loan that allowed them to buy the new home, borrow to renovate, and also keep and rent their first property. The existing equity, as well as the new source of rental income allowed them to borrow more than they previously thought possible. In addition, we found them a lender that would accept Jessie’s income while on maternity leave.
BUILDING OR RENOVATING
Construction loans and renovation finance are notoriously difficult and inevitably stressful, but we can make it easy for you.
Your financing needs deserve the care of a specialist. We offer no stress finance and straight talking, so you can save time and go back to what you do best.
Knowing for sure how much you can borrow, understanding progress payments and limits on cash-out are all part of the difficult experiences when taking on this kind of loan. However, this can be done efficiently and with the minimum hassle.
CONSTRUCTION LOANS
Construction loans are not as simple as home loans. There are many decisions you have to make about how the loan will be structured, the additional documentation that will be required and how the funding will be released.
If you are thinking of building your own home, you need to know the ins and outs of construction loans. Australian Mortgage corporation will help you with the process and will advice you on what’s best for you.
RENOVATION FINANCE
Any renovation project can be stressful if you don’t take control of it earlier in the process. Did you know that there are six loan types that can help you with a renovation?
If you are considering transforming your home, but don’t have the funds to support the project, we can help you to turn your dream into a reality. We’ll show the option that best suits your needs so you only worry about what colour to paint the wall.
CLIENT STORY
CONSTRUCTION LOAN
Eric and Mel were looking to renovate their home. Eric has his own business in the Brisbane, QLD. His wife, Mel, works in Real Estate, so she knew what a beautiful house looks like. They decided to buy a plot of land and build their dream home.
As a self-employed for two years, Ben’s experience with banks hadn’t been great. They made him wait for ages for an answer, they presented lots of obstacles to get funding for the construction, and made him gather endless heaps of paperwork for even the simplest of things.
Australian Mortgage Corporation made it simple for them. We made all the leg-word and were able to get a perfect construction loan for their needs, with the structure that suited them best. That way, they were able to take control over the finances and create a great relationship with the builder. The project was finished in nine months, just in time for baby number two.
REFINANCING YOUR HOME
Successful people adapt to the changes and find new opportunities. Let us help you identify those opportunities to make your life easier.
There are now more alternatives to mainstream bank products than at any time before, and more lenders available.
Whether you want to refinance your investment property or your home loan, we can find the best option for your needs.
Are you looking for a better deal? Your life never stops and your circumstances change with life. It wasn’t long ago that even the thought of switching your mortgage between banks was painful. Not only was it difficult, but often too expensive to make it worthwhile due to charges and fees. The last ten to fifteen years of change in Australian lending and banking has meant that switching home loans has never been easier.
FREE LOAN
HEALTH CHECK
Australian Mortgage Corporation offers a Free Loan Health Check, where we review your current loans and see if you could get a better rate or reduced fees.
If you feel that your loan is no longer right for you, or if you simply would like to know if you could be getting a better deal, contact us to find out more.
CLIENT STORY
REFINANCE TO GET AN OPTIMAL STRUCTURE
Dr. Frank and Prof. Emma are two medical professionals in QLD. While they were both on good salaries, as medical professionals the pressures on their time was ever-increasing, and neither seemed to be able to stop and seek out professional advice.
They had a home loan of $1.25m. They had two investment loans of $200,000 and $40,000. They also had car loans of $120,000 and $40,000, which had both balloon payments of 30% of the car value due to fall in 2 years.
They knew that they couldn’t afford to sustain the debts and found they were falling further and further behind each month.
By refinancing the home loan for a better rate over the same remaining term of 22 years, as well as refinancing the car debt, over 5 years, which was the useful life remaining of both vehicles, we managed to save them $1,600 per month in outgoings.
In addition, the new lender gave them $1,800 simply for bringing their loan to them!
A better rate is very easy for any broker. However, what separates good brokers from bad brokers is the recommendation of an optimal structure.