Keilor East Mortgage Broker

At Margin Finance, we're Mortgage Brokers in Keilor East helping clients get into their property sooner with a range of loan options

5.0

from 246 reviews

Based in Keilor East? Get in touch with your local Mortgage Broker

Imagine the journey to your dream home, with the complexity of finances simplified and the confusion of multiple options distilled into clarity. At Margin Finance, your premier Mortgage Broker in Keilor East, we are committed to providing you with expertly tailored advice and solutions for your mortgage needs. Whether you're a first-time home buyer or a savvy investor, we ensure that navigating the financial landscape is straightforward, offering access to loan options from banks and lenders across Australia. Our services are designed to guide you through every step of buying a home, from understanding interest rates to calculating loan repayments.

Choosing the right loan is pivotal, and at Margin Finance, we offer an extensive array of loan options to suit your specific needs. By collaborating with numerous banks and lenders across Australia, we help you find the most competitive interest rates, whether you prefer the stability of a fixed-interest-rate loan or the flexibility of variable loan rates. It's essential to understand how your financial situation, credit history, and loan amount can influence your borrowing capacity. We provide advice on manoeuvring through lenders mortgage insurance (LMI) and helping you benefit from interest rate discounts tailored to your profile. Our strategic approach ensures that when you apply for a home loan, your loan application stands the best chance of approval.

Navigating the application process can be daunting, but with our streamlined application process, we make it as smooth as possible. Understanding the importance of detail, we guide you through providing crucial documents like bank statements and help you evaluate how factors such as your loan to value ratio (LVR) affect eligibility. We assist in comparing the benefits of fixed vs. variable interest rates, ensuring you make informed decisions on what's best for you. By calculating loan repayments and considering aspects such as stamp duty and home equity, we provide a comprehensive view of your financial commitments. Additionally, tools like offset accounts are explained in detail, helping you save on interest throughout your home loan journey.

For those eager to take decisive steps, getting pre-approved secures your financial readiness in the competitive Keilor East property market. Loan pre-approval can enhance your negotiating power, offering confidence in knowing your budget and borrowing limits. At Margin Finance, we strive to equip you with all your required insights about the local property market, aligning your home or investment loan aspirations with feasible financial solutions. We believe in leaving no stone unturned, ensuring that when you apply for a loan, every option is carefully evaluated and every avenue explored.

Our commitment as a trusted Mortgage Broker in Keilor East extends beyond just providing loan options. We aim to simplify the complexities of applying for a loan while ensuring that your financial future is carefully planned and managed. The journey to purchasing property should be a seamless experience, and our expertise is here to make that a reality. So, whether you are just starting the process of applying for a home loan or you're already considering a new investment opportunity, our team is ready to assist you every step of the way. Reach out to Margin Finance today, and take the first step towards securing your property dreams in Keilor East with confidence.

Find out how much you can borrow

In 60 seconds, understand how much you can borrow to buy your dream home  in Keilor East.

As a Mortgage Broker in Keilor East, we'll help you understand the types of loans

Understanding the different loan types and options can feel overwhelming. Our detailed guide aims to demystify these options for residents of Keilor East, helping you to make informed financial decisions.

  1. Owner-Occupied Loans: These are bespoke for those planning to live in Keilor East, typically offering lower interest rates and favourable terms, as lenders consider these less risky due to borrowers inhabiting the property.

  2. Interest-Only Loans: For an initial period, usually ranging from five to ten years, your payment covers only the interest. It's crucial to understand that while this can reduce outgoings initially, financial obligations increase once you commence repayment of the principal sum.

  3. Principal & Interest Loans: Designed to incrementally reduce both interest and the principal amount, these loans are structured with the goal of eliminating the debt by the term's end.

  4. Variable Rate Loans: The interest rates for these loans fluctuate based on market conditions, which can alter your monthly repayments and the overall loan cost over its lifespan.

  5. Fixed vs Variable Rate Loans: This decision involves securing an interest rate for a specified period, normally one to five years, to ensure consistent repayment amounts. However, it's crucial to note that post this period, the loan generally reverts to a variable rate, which may vary with market changes.

  6. Bridging Loans: Perfect for individuals in the process of moving homes and awaiting the sale of their current property, these short-term loans serve as a temporary financial buffer. They typically feature higher interest rates and shorter durations, with the expectation of being cleared with the property sale proceeds.

Understanding the unique characteristics and benefits of each loan type is vital. With an extensive range of options available to suit various needs and fiscal situations, finding the ideal loan tailored to your specific needs is achievable.

About Your Keilor East Mortgage Brokers

Margin Finance is a team of expert Mortgage Brokers servicing Keilor East. We have expertise in banking, real estate, new finance and refinance, financial literacy, and goal achievement. 

At Margin Finance, we believe in personalised service tailored to each resident of Keilor East and their unique needs. We are dedicated to providing a seamless and stress-free experience from the initial consultation to the final approval. Transparency and trust are the cornerstones of our business. We keep you informed at every step, ensuring there are no surprises or hidden fees.

Get in touch with our qualified Mortgage Broker at Margin Finance, where we offer both virtual and face-to-face consultations in Keilor East and surrounding areas.

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A margin exceeding the means of others

Theresa Meach

I couldn’t be happier with my experience with Margin Finance especially Andrew, Alex and Damian. From the very first consultation, the team was incredibly knowledgeable and attentive. They tailored their advice to my situation and provided me with a personalised plan. Andrew and Alex were always available to answer my questions even on their day off!! I would highly recommend Margin Finance to anyone looking for a reliable and knowledgeable team! Thank you again for helping me secure my first home.

Sam & Kelly Walker

Couldn't be happier with our experience. Offering advice and guidance from start to end. Understanding of the high anxiety and willing to take the time to answer our questions and reassure us every step of the way. We started by going to a webinar hosted by Damian at Margin, thinking we had no path to take for home ownership, to being coached on steps we need to take, to purchasing our first property. Damian and his team went above and beyond to help guide us, highly recommend their services.

Chynthia & Drazen Kovac

Margin Finance have been incredibly helpful and professional while assisting us in securing a mortgage for our new home. Our income situation was a bit unique but the excellent communication and knowledge from Damian and Andrew really helped us understand each part of the process and achieve our goals.

Fusae Nojima

Damian is very knowledgeable and looks after his clients very well. He also has capable staff to help with the process. Very happy with the service I received from Margin Finance (and I didn’t pay anything). Highly highly recommend!

Angela Tieman

We had a fantastic experience with Damian and the team at Margin Finance in Moonee Ponds. Our mortgage situation was not straightforward, but their professionalism, expertise, and positive mindset made all the difference. Thanks to their support, we were able to secure our mortgage and purchase our property in August. We highly recommend Margin Finance for anyone looking for a knowledgeable and dedicated team!

Alyssa Tucker

THE MEANS TO OVER 45 LENDERS

Frequently Asked Questions

Margin Finance

What is a Pre-approval?

Enter the property market with confidence when you are pre-approved for a home loan.

Pre-approval is a crucial step in purchasing a property. To be pre-approved means a lender ‘pre-approves’ an amount you can borrow based on a complete assessment of your financial situation.

This means you can attend auctions confidently and comfortably knowing what your borrowing capacity is. It also means you can begin the building process knowing your limit if you desire to build on vacant land instead of buying established.

Whether you are borrowing a small amount or a larger amount, a formal pre-approval is always a great idea.You'll know exactly how much you are able to spend which places you in a stronger position to negotiate with a vendor or bid at an auction.Another advantage to getting pre-approved? Your final loan will be organised a lot faster.At Margin Finance, pre-approval is cost-free.


Margin Finance

What is a Bridging Loan?

A bridging loan acts as a short term loan that funds the purchase of a new property whilst selling your existing property.

Bridging loans can also provide finance for you to build a new home while you live in your current home.

Generally, you would have 6 months to sell the existing property or 12 months if you are waiting for your new home to be built.


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What do I do if I need to buy or sell first?

If you are relying on selling your current home in order to purchase the next, you may face difficulty organising funds to cover any time gap between the sale of your current property and buying your new home. In this case, a bridging loan could be the solution.

There are different things that can happen when you are ready to ‘move on’ from your first property, such as turning your current home into an investment property and using available equity to help you purchase your next home.Things like this can become quite complex and using a specialist like Margin Finance can help remove any stress, or room for potential error, from the process. Leave it with us and we will make sure your loans are structured perfectly to suit your unique situation.


Margin Finance

What is a Deposit Guarantee?

Another finance option is a deposit guarantee, also known as a deposit bond.

Instead of putting down a cash deposit to secure your new home, you take out a deposit guarantee provided by a lender.

It can be a cheaper alternative to a bridging loan and it provides you with reassurance that the new property will be held until you settle your own home.


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What is a Variable-Rate Mortgage?

Variable-rate mortgages have an interest rate that can fluctuate based on market conditions. This type of loan offers flexibility and the potential for lower repayments if interest rates decrease. However, it also means that repayments can increase if rates rise, impacting your budget.


Margin Finance

What is a Fixed Rate mortgage?

A fixed-rate mortgage is a loan where the interest rate remains the same for a specified period, typically between one and five years. This type of loan provides certainty in repayments, making it easier to budget and plan for the future. Fixed-rate loans are ideal for those who prefer stability and predictability in their financial planning.


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