We are Australia’s Fixed Loan Experts
With over 15 years lending experience we have worked with many people like you to lock in the interest rate on their loan to protect themselves from rate increases and know their monthly repayment. We use our unique ‘fact find’ to uncover your short and long term financial goals, working with you to find out if a fixed rate could be right for you.
Did you know that most banks only build in a margin of 1.5 % on top of your current interest rate to allow for you to be able to pay your loan over all interest rate rises over 30 years?
Why Fix Your Loan?
As specialist brokers in the mortgage market we are often asked “why should I fix my loan?” and the reason is, as a risk management strategy; not to try and outguess the market and get a cheaper rate. In Australia we have very few ways of protecting ourselves against interest rate rises. One possible way is to fix your loan interest rate. How ever if there is a chance that you might need to exit the loan or sell your property then it is not a good idea to fix your loan as the break costs could be substantial.
The Pros & Cons Of Fixing Your Loan
Pros- Know your monthly repayments which allows you to budget your finances better, protect yourself from rate rises, there can be tax benefits if you pay fixed interest in advance and the ability to lock in the rate at the time of application.
Cons- There can be substantial exit penalties if the loan is exited early, if the cash rate goes down, your rate remains the same, less flexibility than most variable rate loans.
Why Use Us?
We are LENDING EXPERTS, with many years experience gained at banks( our director was an interest rate dealer in fixed and variable rates), non bank lenders and in accounting.
Access to FIXED RATES from over 40 lenders including the major banks.
A fully licenced broker (licence no 387460) & member of MFAA and COSL, ensuring professional and ethical lending practises.
What Are Our Specialties?
We specialize in the following select areas of lending:
- fixed rate home loans
- fixed rate investment loans
- fixed rate construction loans
- fixed rate low doc loans
- fixed rate commercial loans
- fixed rate business loans
- fixed rate interest in advance loans
- Please enquire online to speak to one of our mortgage brokers..
