Using a mortgage broker to help you to find your home loan offers a variety of benefits, however Peninsula Home Loans has some added benefits that not many other mortgage brokers can offer you.
If you are not getting the best deal with your current lender, we will get you the most competitive deal – and we will cover your refinancing costs. This could save you up to $800*.
Peninsula Home Loan’s Managing Director, Steve Bonfield’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. Click to find out more about fee-free refinancing.
New customers get exclusive use of our free conveyancing service for the purchase of your home – a saving of over $1,000. Click to find out more about free conveyancing.
Specialised experience in finance for the self-employed
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. Whether you have the financials to support your application or have difficulty in meeting the standard documentary requirements for a loan, Peninsula Home Loans can assist you find the best solution for you.
Finance for borrowers with bad credit history
Peninsula Home Loans provides assistance with non-conforming home loans for those with bad credit. Australians with bad credit can be declined for a home loan by major banks or lenders for a number of reasons.
It could be because of the type of bad credit you have or the size of your defaults but, generally speaking, simply having blemishes on your credit file can stop you from borrowing.
However, there are lenders that specialise in bad credit home loans and take a more common sense approach when assessing your situation. Peninsula Home Loans can assist you with looking at your options. Click to find out more about Non-Conforming home loans.