How a Home Loan Works
A home loan isn’t just paperwork — it’s your path to owning a home.
Whether you’re buying for the first time, upgrading, or refinancing, knowing the steps involved gives you clarity and confidence. Here’s what to expect and how we guide you through it all.
Home Loans, Made Human
Clarity from Day One
We explain every step in plain language so you feel confident and informed — no jargon, no hidden clauses. You’ll always know where you stand and what comes next.
Lenders That Suit You
We don’t work for the banks — we work for you. By comparing loan products across multiple lenders, we find the one that fits your life, not theirs.
Real Support, Start to Finish
From pre-approval to settlement day, we’re by your side. You’ll always have a real person to call, text, or email — no call centres, just clear answers when you need them.
The Process - Simplified
1. Application & Pre-Approval
Start strong with a clear snapshot of your finances.
We gather your income, expenses, credit history, and goals. Based on this, we calculate your borrowing power and help you apply for pre-approval—so you can search for your new home with confidence.
2. Your Deposit
The bigger the deposit, the better the options.
- Aim for 20% to avoid Lenders Mortgage Insurance (LMI)
- Got less? No worries — we help you explore options like LMI or government support schemes
- We’ll talk through what’s realistic for you
3. Choosing Your Loan
Not all loans are created equal. We help you compare the right ones.
-
Fixed or variable interest rates
-
Offset accounts and redraw features
-
Loan terms from 25 to 30 years (and beyond)
-
First Home Loan Deposit Scheme eligibility
4. Monthly Repayments
Know what you’re signing up for, with no surprises.
Your repayments typically include:
- Loan principal
- Interest
- Any applicable fees like LMI
We explain everything clearly and check the repayments work for your lifestyle.
5. Build Ownership & Equity
Each payment brings you closer to owning your home outright.
As you pay down your loan, your equity (ownership) grows. Equity can also be used later for investments, renovations, or refinancing.
6. Settlement & Final Costs
We’ll make sure you’re ready for the finish line.
Expect extra costs like:
- Stamp duty
- Legal/conveyancing fees
- Property insurance
- Bank charges
We break it all down and make sure you’re not caught off guard.
