Queensland's Trusted
Mortgage Brokers

Most home loans require a 20% deposit to avoid lender's mortgage insurance (LMI). However, you have several options for lower deposits:

5% Deposit Options:

• Government First Home Guarantee Scheme (no LMI)
• Standard 5% deposit loans (LMI applies)

10%-15% Deposit Options:

• Some lenders offer loans with 10%-15% deposit with reduced or no LMI

2% Deposit (Special Cases):

• Family Home Guarantee for single parents

The right deposit amount depends on your situation, including your employment type, property value and location, your overall financial position, and government scheme eligibility.

We'll assess your situation and recommend the most suitable deposit strategy during your free consultation.

Absolutely! We specialise in home loans for self-employed Queenslanders and have access to lenders who understand business income.

Full Documentation Loans:

• Recent tax returns (typically 2 years)
• Business financial statements
• Competitive rates available

Low-Doc Solutions:

• Accountant declarations
• BAS and Bank statements (business)
• Alternative income verification
• Specialist lenders who assess fairly

What Lenders Consider:

• Business trading history
• Industry type and stability
• Business cash flow patterns
• Personal assets and equity

The key is working with a broker who understands self-employed income structures. We have strong relationships with lenders who specialise in business owners and can present your application in the best possible light.

The First Home Guarantee (previously called the First Home Loan Deposit Scheme) allows eligible first home buyers to purchase with just 5% deposit without paying lender's mortgage insurance (LMI).

How It Works:

• You provide 5% deposit
• The Australian Government guarantees up to 15% of your loan
• This guarantee removes the need for LMI (saving $10,000-$30,000+)
• You get a standard home loan through a participating lender at competitive rates

Key Eligibility Criteria:

• First home buyer (never owned property)
• Australian citizen or permanent resident (18+)
• Property under $1,000,000 in Queensland
• You must live in the property (owner-occupied)

We help you understand your eligibility and lodge applications quickly to maximise your chances of approval.

Typical home loan timelines in Queensland:

Pre-Approval: 2-5 business days

• Gives you buying confidence
• Shows sellers you're a serious buyer
• Valid for 3 months typically

Formal Approval: 2-10 business days

• After finding your property
• Includes property valuation
• Final lender assessment (dependent on particular lender turnaround timeframes)

Settlement: 2 weeks after approval

• Coordinated with your conveyancer
• All parties (buyer, seller, bank) align
• Keys handed over!

Total Timeline: Typically 3-4 weeks from formal application to settlement

Faster Options Available: Some lenders offer 24-48 hour approvals for simple situations

Your specific timeline depends on your situation complexity and lender chosen. We provide accurate expectations during your initial consultation.

Yes! Refinancing can save you thousands per year. We analyse your current loan and compare 30+ lenders to find better rates and features.

Reasons to Refinance:

• Lower interest rates (even 0.5% makes a big difference)
• Access better loan features
• Consolidate debts into your home loan
• Release equity for renovations or investments
• Switch from variable to fixed (or vice versa)

What We Review:

• Your current interest rate vs market rates
• Existing loan features and fees
• Break costs (if applicable)
• New lender application fees
• Overall benefit calculation

We ensure refinancing genuinely benefits you - not just a change for change's sake. Free refinance assessment available.

Required documentation varies by employment type:

Employees (PAYG):

• Last 2 payslips
• 3-6 months bank statements
• Photo ID (driver's license or passport)
• Proof of deposit savings
• Existing loan/debt statements

Self-Employed/Business Owners:

• 2 years business tax returns
• Business financial statements (Accountant Prepared)
• 3-6 months personal bank statements
• Accountant declaration letter [Alternate Doc Option]
• Business activity statements (BAS) [Alternate Doc Option]
• Photo ID and proof of deposit

Additional Documents (If Applicable):

• Separation/divorce agreements
• Child support documentation
• Rental income evidence
• Gift letter (if receiving deposit help from family)

We provide a comprehensive checklist specific to your situation during our initial consultation, so you'll know exactly what's needed upfront.

Your borrowing capacity depends on several factors:

Income Factors:

• Your gross income (before tax)
• Employment type and stability
• Other income sources (rental, investments)
• Number of dependents

Expense Factors:

• Living expenses (lenders use minimum benchmarks)
• Existing debts and commitments
• Credit card limits (even if paid off)
• HECS/HELP debt

Loan Factors:

• Deposit size
• Interest rate (assessed at higher buffer rate)
• Loan term
• Property type and location

Typical Borrowing Range: Most people can borrow 5-6 times their gross annual income, but this varies significantly based on individual circumstances.

We calculate your accurate borrowing capacity during your free consultation and show you strategies to maximise it if needed.

Key Advantages:

1. Access to 30+ Lenders

• Banks only offer their own products
• We compare across the entire market
• Access to specialist lenders banks can't offer

2. Free Expert Service

• No cost to you (we're paid by lenders)
• Same rates whether you use a broker or go direct
• Professional guidance at no charge

3. Better Outcomes

• We present your application professionally
• Know which lenders suit your situation
• Handle complex situations banks might decline

4. Ongoing Support

• Handle all paperwork and lender communication
• Coordinate settlement
• Future refinancing reviews
• Long-term relationship and advice

Think of us as your advocate - we work for you, not the lenders. Our job is finding the best solution for your situation, not selling one bank's products.