Kick-off Conversation
A warm consultation with your experienced Lending Advisor. This is where your dreams take centre stage!
Our belief is simple. Financial solutions should be personal to your goals. As your mortgage broker based in Brisbane and servicing all of Australia, we’ll be your partner throughout your financial journey. We have the expertise to guide and educate you to make an informed and empowered decision.
Our award-winning approach has seen us gain access to over 50 lenders; so you can be confident that we’ll seek the best financial solution for you.
It doesn’t matter if you’re a first time home owner, an investor or seasoned business owner, our brokers will demystify the jargon and ‘bank talk’ to ensure that you’re educated to make the right decisions for your circumstances.
If you’re seeking a car loan or a new commercial venture, we’ll tailor a solution that empowers you to achieve your goals. Our extensive experience, underpinned by providing over half a billion dollars in lending over the years, speaks to our decades of dedication, education and passion for what we do.
Start your financial journey where you won’t just be a client, but a valued partner. Let’s achieve your financial goals together.
Securing the best mortgage rate is crucial as it can significantly impact the total cost of your home loan over time. Here are strategies to help ensure you’re getting the best deal possible:
1. Strengthen your credit score: Lenders use your credit score as a key factor in determining your mortgage rate. Generally, higher scores earn lower rates because they indicate a lower risk to lenders. Before applying for a mortgage, check your credit report for any errors that might be lowering your score unjustly and take steps to improve it, such as paying down existing debt and making all future payments on time.
2. Save for a larger down payment: The more money you can put down upfront, the less risk the lender takes on, which can translate into a lower interest rate for you. A down payment of 20% or more typically helps avoid the need for Lenders Mortgage Insurance (LMI), further reducing your monthly costs.
3. Consider the loan type and term: The type of loan (e.g., fixed vs. adjustable) and the term (e.g., 15-year vs. 30-year) can affect your rate. Shorter-term loans often have lower interest rates but higher monthly payments. Decide what best fits your financial situation and goals.
4. Lock in your rate: Once you find a rate that you’re happy with, consider locking it in. A rate lock guarantees your interest rate for a set period, protecting you against rate increases while your loan is processed. Be mindful of the timing, as rate locks have expiration dates, and extending them can cost extra.
At Stanford Financial, we support first-time homebuyers with essential insights into home loans:
Our team is dedicated to offering personalised guidance to ensure you make informed decisions on your journey to homeownership.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Phasellus hendrerit. Pellentesque aliquet nibh nec urna. In nisi neque, aliquet vel, dapibus id, mattis vel, nisi. Sed pretium, ligula sollicitudin laoreet viverra, tortor libero sodales leo, eget blandit nunc tortor eu nibh. Nullam mollis. Ut justo. Suspendisse potenti.Sed egestas, ante et vulputate volutpat, eros pede semper est, vitae luctus metus libero eu augue. Morbi purus libero, faucibus adipiscing, commodo quis, gravida id, est. Sed lectus. Praesent elementum hendrerit tortor.
