Maroubra 2035

Mortgage Broker Maroubra 2035

Glynn Finance is a finance broking business specialising in property finance solutions that suit the individual customer's requirements. We source the best product for your specific needs. We have direct accreditation with over 25 Australian Banking Institutions. This enables us to match the best product to you.

Our Brokers and Credit Team have over 50 years' experience. Not only do we deal with the top tier banks, we have a full suite of lenders who also specialise in vehicle finance, SMSF Lending, Residential and Commercial Property investors.

For a more precise estimate of your borrowing capacity contact our mortgage specialist today.

 

Property loans Maroubra 2035

Residential property loan is finance sought to assist in the purchase of a property.

If it is residential it means a house, apartment or unit in most cases. Other categories may be hobby farms, land, company title or leasehold property.

It is commonly called a Home Loan, Investment Loan or Mortgage.

A Home Loan allows someone to borrow money that is secured against there a residential property. The lending institution places a first registered mortgage against the property at the Land and Titles office in the relevant state.

That eliminates the borrower from selling the property without paying the loan or finding other suitable security to meet the banks requirements. It will also ensure no other fiancé is placed on the property without the First Mortgage holder's knowledge and consent.

A Home loan can consist of an adjustable interest rate(variable) and or fixed rates or a combination of both.

It provides monies required to complete the purchase of the property to pay the Vendor (Seller). These can be up to 90% of the value of the home. They are usually over a term or 20 -30 years.

The loan is secured against the property as a First Registered Mortgage in the state of purchase by the Bank or Finance Institution that lends the money.