fREQUENTLY ASKED QUESTIONS
Our FAQ section should provide you with some of the most commonly asked questions. If you do not find something you looking please get in touch.
What will Mortgage broker do for me?
A mortgage broker can help you to compare the best solution among the market. You don't need to step into the bank branches by yourself and compare about the rate and loan amount by yourself. It save your time and also save your the cost.
Do I need to pay for mortgage broker?
No, you don't need to pay mortgage broker. Actually a mortgage broker is working for the banks and lenders. They will get paid from the financial institute. They are the bridge between financial institute and customers.
How does mortgage broker work?
A mortgage broker will assess your financial needs and objectives as well as your current situation. You need to declare all the assets and liabilities to them so that they can give you the solution to complete your target. Actually they are your financial support who playes an significant role in your wealth profolio.
what's offset account?
An offset account allows you to reduce the interest charged on your standard variable rate or investment home loan while also giving you access to your money whenever you need it. It works like a transaction account in that you can put money in and take money out any time, but it’s linked to your home loan. The money you keep in an offset account can help reduce the overall interest you pay on your loan.
what's redraw facility?
Redraw allows you to access additional payments that you’ve made on your home loan. For weekly and fortnightly direct debit payers, only funds over and above the minimum required repayments will be available. However, the money in your redraw account may reduce over the life of your loan so that, by the end of your agreed loan term, both your loan balance and the available redraw will be zero