Melbourne CBD Mortgage Broker
Whether you’re expanding your investment property portfolio or preparing to buy your first home, the most important financial aspect of the process is getting the right mortgage. Our expert mortgage brokers will get to know you and, armed with your information, source the best mortgage rates for your new property.
Get the keys to your dream property firmly in your hand sooner thanks to our easy, streamlined mortgage broking process. Forget juggling appointments and meeting with banks to try and find the best mortgage rates, our mortgage brokers will sort it all for you, dealing with the banks so you don’t have to.
Our tax expertise combined with our specialist property investment knowledge means that when you source your mortgage through Beyond Accountancy it’s backed up by our cross-discipline expertise — and that means we’ll deliver an ATO-optimised mortgage with excellent features and a great rate that saves you thousands of dollars over the life of your loan.
Own your dream property sooner with our smooth, streamlined mortgage broking services.
There are few life events as thrilling and nerve-wracking as purchasing your very first home. From budgeting and deposits to stamp duty and insurance there are so many factors to consider that it’s easy to get lost in what feels like a wilderness of paperwork and life-altering decisions. At Beyond Accountancy we’re to help with those decisions and guide you through the process unscathed.
- Get the best mortgage rate
- ATO-friendly loans
- More cash in your pocket
Buying your first home should be exciting, and it’s our job to keep it that way. We’ll be your go-between with the bank, liaising with them to get you the best possible mortgage rates so you can focus on the things that matter.
Thanks to our extensive tax background we know how to supercharge your mortgage and keep more money in your pocket. We’ll make sure you’re paying the right rate on your loan and leave you with more cash to invest in renovating or furnishing your home.
We’ve helped people across Australia get the best mortgage rate and we can help you too. We’ll help you take advantage of the first home buyer grants and concessions in your state and get you inside your brand new home sooner.
From negative gearing to capital gains tax we know every last aspect of property investment like the back of our hand. Getting the right loan is crucial to maximising your return on investment — and the right loan is based on more than just interest rates. From tax and cash flow factors to extra features and loan structure we’ll leave no stone unturned in getting you the best mortgage for your investment property.
- Get the right property investment loan
- Minimise your capital gains tax expenses
- Use your debt to invest
Property investment is one of the most secure ways you can build wealth. From rental income to capital gains from selling your property, your investment will be a strong source of both income and security for years to come. The amount of value you get from your investment property is in no small way dependent on the mortgage you get on that property.
We have extensive experience helping our clients make wise investment decisions and one of the cornerstones of those investments is choosing the right loan. Do you need an interest-only or a principal and interest loan? How do you keep your investment loan tax deductible? We’ll provide expert, tailored advice and pull out all the stops to get you the best possible investment mortgage. We can also advise you on the best practices for managing multiple loans.
Whether you’re ready to begin your property investment journey or you’re looking to expand your current portfolio with better value loans, we can make it happen.
Over the lifetime of your loan if you’re paying as little as 0.5% too much it can cost you tens of thousands of dollars. If you’re not satisfied with your current rate or feel you can get a better deal, talk to us. Our expert mortgage brokers can refinance your loan and massively improve your loan’s value.
- Get a better value loan
- Keep more cash in your pocket
- Save thousands over the life of your loan
Are you 100% sure you’re getting the best value from your current mortgage? If the answer is “no” you need to chat with our mortgage experts. We’ll do all the legwork for you and find a better loan for you, potentially saving you thousands.
Our mortgage brokers have access to wholesale mortgage rates which we can share with you. Don’t underestimate the difference 1% or even 0.5% can make over the life of your mortgage. People come to us for refinancing for a range of reasons including debt consolidation, freeing up equity, paying off their loan sooner and, most commonly, reducing their overall loan costs.
Get in touch with us today for a free initial consultation to find out just how much we could save you with our refinancing services.
Whether you’re looking to invest in an office space, factory, warehouse, retail space, cafe, vineyard, gym or whatever your business venture needs, we can get you a great value deal that makes achieving your business goals that much easier.
- Loans for business owners and investor
- Detailed, personalised and easy to understand advice
- Smart, tailored loan structuring
Commercial loans are considered higher risk than residential mortgages, and so they typically carry higher interest rates and shorter terms. Thanks to the smaller secondary business market and the increased risk of defaulting commercial mortgages also typically require higher deposits than residential loans.
Commercial loans come with added complexities, from payment restrictions to penalties and term requirements. Our mortgage brokers know these complexities better than they know their own grandmothers and can navigate all commercial loan requirements to create the best commercial mortgage rate for you.
We’ll save you the runaround and do all the comparison shopping for you, bringing together a selection of high-value commercial loan products and finding the one that best suits your business.
How much home loan deposit do I need?
Typically we recommend having a deposit of at least 20% of your property price, (deposits under this mark usually incur Lenders Mortgage Insurance costs of up to 4% of the property price) however, there are ways around this:
- First Home Loan Deposit Scheme (FHLDS) — under this scheme eligible first home buyers can build or purchase their home with a deposit of as little as 5% thanks to the National Housing Finance and Investment Corporation (NHFIC) guaranteeing up to 15% of the property’s value.
- Family Security Guarantee — a family member can act as a guarantor to secure your deposit, making up the remaining balance to get you to 20%. They don’t need to hand over any money, just put up cash or equity as security against your deposit.
How much should I borrow?
Generally, we don’t recommend borrowing any more than 80% of the price of your property. If you borrow over the 80% mark you’ll be required to pay Lenders Mortgage Insurance (LMI).
What are the different types of home loan?
There are several different types of property loans including:
- Fixed-rate — Fixed-rate home loans allow you to lock in your current interest rate when you settle the loan.
- Variable — Variable home loan rates fluctuate based on the Reserve Bank of Australia’s cash rate.
- Interest-only — Interest-only loans require you to only pay the interest and no capital on the loan. They typically have a limited loan term of no more than 5 years.
- Split rate loans — A split rate loan combines both fixed and variable portions of the loan.
- Low doc — Low doc loans are for those who might struggle to provide sufficient paperwork to support a traditional loan (such as self-employed people).
How much do your mortgage broker services cost?
Mortgage broking is a commission-based industry, with banks paying the mortgage broker. Our mortgage broking costs also include…
What should I bring with me?
What is lenders mortgage insurance?
Lenders Mortgage Insurance (LMI) is a fee paid by borrowers when borrowing more than 80% of the purchase price of a property. This insurance is to protect the lender if the borrower is unable to pay the loan. This fee can either be paid upfront or if the lender allows it, be added to your loan. LMI ranges from $800 up to around 4% of the loan amount.