FAQ
A mortgage broker works with many lenders — not just one bank — to find the best home loan options suited to your needs.
You get expert guidance, access to a wide range of home loan products, help through every step of the loan process, and support in finding the right loan for your situation.
Yes — pre-approval clarifies how much you can borrow and gives you confidence when making offers on properties.
The comparison rate shows both the interest rate and most fees together, helping you compare the true cost of different loans.
Fixed rates stay the same for a set period; variable rates can change and offer flexibility with features like redraw and offset accounts; a line of credit lets you borrow up to an approved limit, paying interest only on what you use.
Bridging finance helps you buy a new home while you’re selling your existing one — it temporarily covers both loans until the sale settles.
Yes — different lenders assess your borrowing power using different criteria, so your capacity can vary from one lender to another.
We recommend using a conveyancer or solicitor to manage the legal aspects of your property purchase, ensuring a smooth settlement.
LMI protects the lender if you have a smaller deposit — usually when borrowing more than 80% of the property value. It doesn’t protect you, but may allow you to borrow sooner.
Yes — Buildora Capital can guide you on how construction loans work and what’s required to finance building your home