Expert Mortgage Broker in Toorak

A finance broker acts as a financial intermediary between you and potential lenders, helping you secure a loan that best aligns with your requirements and financial position. Their assistance extends across all loan types – home, investment, commercial, SMSF, expat mortgage, etc. As your finance brokers, we will –

• Bring to you loan products from multiple lenders.
• Compare rates and terms to help you make an informed decision.
• Assist you with the application and paperwork.
• Negotiate for better rates and faster approval.

Using a mortgage broker is always a better choice, and here’s why –

• Banks provide only a limited loan product, but a mortgage broker will offer hundreds of options from market-leading lenders.
• Find personalised advice based on your financial situation and goals.
• Secure assistance with all aspects of your mortgage process - paperwork, approvals, and negotiations.
• With brokers, you can access exclusive mortgage products that aren’t available to everyone.

Yes, our mortgage brokers in Toorak offer comprehensive refinancing assistance. Refinancing can potentially help you secure better interest rates and more favourable loan terms, consolidate your debt, and access equity. If you think refinancing is right for you and need expert advice on this front, connect with our team. We will conduct a loan health check to determine whether refinancing is right for you.

Here’s our step-by-step loan application process explained –

• An initial consultation to determine your financial position and needs.
• Once we determine your borrowing capacity, we initiate the pre-approval process.
• We bring you a list of potential lending options and help you with loan comparison.
• Once you choose, we will assist you with all the paperwork and loan application.
• We submit the application and negotiate with the lender for faster approvals.
• We collaborate with both parties involved to ensure a smooth settlement.
• Offer post-settlement assistance covering loan review and more.

You would need diverse documents to apply for a home loan in Australia. This includes ID proof, payslips or income statements, bank statements, and details about your assets and liabilities. Two years of tax returns and business financials are often required if self-employed. As your chosen mortgage brokers in Toorak, we will guide you through all requirements and ensure you submit a failproof application.

In Australia, you can borrow up to 80% of your property’s value without incurring LMI, but the exact amount that you can borrow will depend on diverse factors like your income, expenses, and credit history. When you connect with us, we will assess all contributing elements and help you determine your borrowing capacity. Also, certain high-income professionals like doctors, lawyers, and accountants have higher borrowing limits.

Our mortgage broking services cover all of Australia, including Toorak, Balwyn, Ballarat, Bendigo, Box Hill, Brighton, Chadstone, Clayton, Bentleigh, Geelong, Glen Waverley, Kew, Malvern, Mount Waverley, Notting Hill, Richmond and Wheelers Hill. You can count on us wherever you are located for comprehensive advice and support.

At Original Wealth, we specialise in working with self-employed clients. Getting a loan as a self-employed individual could be a bit more complex. Fluctuating income and irregular payslips might make it harder to determine your financial stability. But with our mortgage brokers in Toorak by your side, it becomes simpler than ever. If a low-doc loan best aligns with your position, we will guide you through that font. With us, be sure to access lenders that offer more flexibility to self-employed borrowers.

The approval duration can vary from lender to lender. But on average, it can take between 24 hours to 2 weeks. At Original Wealth, we understand that financing needs are often time-sensitive. Once you connect with us, we will initiate the process without any delays and leverage our connection to secure faster approvals.

With us, you can secure the assistance of our mortgage broker in Toorak or any other suburb at no cost – you get expert support and guidance without paying anything extra. If your application involves any additional costs, we will surely be upfront about it and ensure there are no surprises down the line.