To begin with please keep in mind that the Australian mortgage market is highly regulated.  Unlike many countries Australian lenders cannot simply lend on the strength of the asset. Consumer Protecion laws mean that a lender who doesn't conduct due dilligence to ensure the borrower can afford the loan risks having the loan cancelled by the courts. 

Prudential regulation and the limited access to LMI (mortgage insurance) providers restricts the level of exposure for banls both in dollar terms and LVR on different types of property.  A prime inner city apartment may be very difficult to finance even for Australian residents without a substantial deposit.

Most recently anti-terrorism and anti-money laundering laws have made our role much more complex.   Providing false or misleading information to us makes it virtually mandatory that we report the occurence and alert any lenders involved.  This can also trigger international responses.

Another aspect that many people ignore is the CRA (credit report) - every application and even inquires will appear on your CRA - even credit card inquiries.  When a lender sees 6 inquiries over the last 2 years, they want an explanation.  If LMI is involved you can expect a rejection.

So for the best result we suggest that you:

1. Short list the lenders available to you
2. We check your borrowing capacity against their policy
3. Make sure you have all of your documentation ready (exactly what they ask for)
4. Complete application form

Of course there is a lot that can go wrong and some lenders are adept in misinterpreting verbal or even written instructions, That is where we really come into play.

• we make sure the forms and the documentation are correct,
• then we check everything before it is submitted,
• then we contact the credit assessors to ensure they understand your needs,
• then we monitor the progress (usually online) and intervene when necessary in order to correct an obstacle before it becomes a barrier,
• we keep you informed through the entire process,
• and for all that you pay us nothing!

Why not phone 61 2 6626 6810 or
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