Home Loans

Purchasing a property is one of the largest financial investments you’ll make, and can be especially overwhelming if you’re just getting into the property market. Let us break down the loan application process.

The Loan Process

From our first consultation to settlement, these are the steps to purchasing your dream property.

1. Get In Touch

First, reach out via the Contact Us page. We can then organise an initial consultation free-of-charge to establish your unique financial situation and objectives, in-person or online.

2. Establish your Financial Goals & Borrowing Power

Once we understand your financial situation, we can find out your borrowing power and review loans from over 60+ accredited lenders to find you the most competitive rate. We will write you a personalised gameplan, highlighting recommended loans.

3. Let us handle the paperwork

Once you have chosen your preferred loan, we will handle the loan application process. We will communicate with your chosen lender and handle the entire application process.

4. Formal Approval

Once your loan is approved, we’ll help make the transition as smooth as possible. We will keep track of your application to make sure it goes as smoothly as possible, and help transition between loans your current loan to new loan if purchasing your second property.

5. Settlement

Finally, you’ll be ready to settle. We will be in contact with the lender and conveyancer, and will notify you once your lender has released the funds.

Loan Types & Features

Explore a variety of loan types and features designed to meet your unique needs. Review the options below, and feel free to contact us with any questions.

  • A variable rate loan features an interest rate that adjusts based on market conditions, providing flexibility in repayments and accommodating changes in interest rates. These loans often come with additional benefits, such as unlimited extra repayments, redraw facilities, and offset accounts.

  • A fixed rate loan offers a stable interest rate, allowing you to budget confidently with a consistent repayment amount each month. This predictability makes it easier to manage your finances effectively.

  • An interest-only loan allows you to pay only the interest on the loan principal for a specified period. This results in lower initial repayments, giving you the flexibility to allocate funds to other areas.

  • A split loan enables you to benefit from both fixed and variable interest rates. This structure allows you to set a portion of your loan at a fixed rate while keeping the remainder variable, offering both stability and flexibility.

  • A packaged loan provides discounts on both variable and fixed rate loans, often waiving additional fees and offering exclusive benefits. This option typically includes an annual fee.

  • A guarantor loan leverages the equity from an existing property to help you purchase a home sooner and potentially avoid fees like Lender’s Mortgage Insurance (LMI). Eligible guarantors may include parents, siblings, or grandparents.

  • A bridging loan is a short-term financing option that enables you to purchase your next home before selling your current one. This loan allows you to time your sale to suit market conditions while using the equity in your existing property as security for the deposit on your new home.

Contact us.

We’re ready to help you achieve your financial goals.

Get in touch with us today!

📞 Phone: 0433 816 137

✉️ Email: David@AFGLimited.com.au

📍 Address: 205 Port Rd, Hindmarsh SA 5007