FAQ

Frequently Asked Questions

What is the difference between fixed and variable-rate home loans?

Fixed-rate home loans have a set interest rate for a specified period, providing stability in repayments. Variable-rate loans fluctuate with market interest rates, potentially offering lower initial rates but with variable repayments.

How much deposit do I need to buy my first home?

Typically, you'll need at least a 5% to 20% deposit of the property's purchase price. However, various factors can influence deposit requirements, and our experts can provide tailored advice.

Can I refinance my existing home loan to get a better rate?

Yes, you can refinance your home loan to potentially secure a lower interest rate, reduce your monthly payments, or access equity for other purposes.

What documents do I need to apply for a home loan?

Common documents include proof of income, bank statements, identification, and details of the property you're buying or refinancing. Requirements can vary, and we will guide you through the specifics.

How long does it take to get approved for a mortgage?

Approval times vary but typically range from a few days to a few weeks. Our team works efficiently to expedite the process.

Do you charge fees for your services?

Our fees are generally paid by the lender, not by you. We provide transparent information on any costs associated with your loan.