Peninsula Home Loans is a mortgage broking company that specialises in all types of home finance with access to a range of bank and non-bank lenders, servicing the Mornington Peninsula and beyond.
Stephen Bonfield, the Managing Director, previously worked for one of Australia’s major home loan companies as an independent mortgage broker. Steve used this experience to set up his own mortgage broking company – a company that places customer needs at the forefront.
At Peninsula Home Loans we strive to help our clients afford the things that are important to them, whether that’s buying a home, buying a new car, starting a business, travelling around the world or enjoying life in retirement.
The whole ethos behind Peninsula Home Loans is to enable the customer to make an informed decision without the risk of having a commission driven broker pushing them in a certain direction. That’s why we promise to give you the lending options and let you decide who you want to be with.
Steve also has a background in small business and understands the difficulties self-employed business owners face when financing their home. Steve’s specialist knowledge of this area means that he is able to provide assistance to business owners, whatever their circumstances and has access to a wide range of lenders who are able to help.
Steve’s revolutionary fee free refinancing deal came about from his previous experience in the mortgage industry. He noticed that customers were frequently encouraged to change lenders to get a better deal, costing them around $600-$800 each time in application and settlement fees, and mortgage registration and discharge fees. Given that the average loan length is now approximately 5 years before being refinanced, which over a 30 year loan makes the best part of $5,000, we think this is money far better off in your pocket than the banks!
Steve has made a promise to his customers, once you use Peninsula Home Loans, we will monitor your loan to ensure it continues to meet your needs and if it doesn’t, we will contact your lender to get a deal that does. If we are unable to do this we will talk to you about refinancing to another lender and pay any fees involved. *conditions apply