Paddington 2021

Mortgage Broker Paddington 2021

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.

 

Home loans Paddington 2021

A Home Loan allows someone to borrow money form a lending institution that is secured against their residential property.

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.

The purpose of this money is to assist in funding the transaction to purchase the asset being a property.

This is commonly known as a mortgage or Owner-Occupied Home Loan.

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.

A property would usually be a House /Apartment/ Unit.

They also can have additional features like off-set accounts, split loans, multiple accounts, redraw facilities.