Needing finance to purchase a property or funding for your business?
When was the last time you reviewed your banking and mortgage?
Lets make your home buying journey, easy, understandable and affordable.
Lets make your home buying journey, easy, understandable and affordable.
What We Finance For
About HARRY TUONG
About
HARRY TUONG
MORTGAGE SPECIALIST
Harry has had a career in banking and finance for nearly 20 years prior to setting up the business. He started off as a graduate before progressing to lending and management roles in Business Banking.
Harry has looked after a range of clients from high net worth individuals to small business owners and corporates, looking after the owners’ business and personal banking.
There are constant changes in the home loan market every year with lenders varying their lending policies and adjusting their rates.
Harry can review your current loans and let you know what options are available to see if you can save money. If you are looking to purchase, Harry can help work out your borrowing capacity and navigate the loan application process.
Lets make your home buying journey, easy, understandable and affordable.
Frequently Asked Questions
A mortgage broker acts as a middleman between borrowers and lenders, helping clients find the best mortgage options. They compare interest rates, loan types, and lending terms from various financial institutions to recommend the most suitable loan for each client’s needs.
Mortgage brokers have access to a broad range of lenders and products, which means they can often find more competitive rates and terms than what an individual might find on their own. They also handle much of the paperwork and negotiation, simplifying the mortgage process.
Mortgage brokers are generally paid a commission by the lender when a mortgage is settled. This commission does not impact the interest rates or loan terms that clients receive.
In most cases, working with a mortgage broker does not cost extra. Brokers typically receive their commission from the lender, so their services are free to the borrower. Some brokers may charge fees for particular services, so it’s always good to clarify any costs upfront.
Yes, mortgage brokers can assist with refinancing by evaluating your current mortgage, assessing available rates, and helping you secure a new mortgage if it makes financial sense to do so.
The amount you can borrow depends on factors such as your income, credit history, current debts, and the type of mortgage. A mortgage broker can pre-qualify you to give you an estimate based on your financial profile.
A fixed interest rate stays the same for a set period, offering predictable monthly payments. A variable rate fluctuates with the market, which can result in lower rates but also means payments can change over time.
The process can vary depending on the lender and the borrower’s financial situation but typically takes between 2-4 weeks. A mortgage broker will work with the lender to expedite the process and keep you updated on progress.
While a good credit score is beneficial, some lenders offer loans for borrowers with lower credit scores. Mortgage brokers can help you explore these options, though you may face higher interest rates or require a larger down payment.
You’ll typically need proof of income (like pay stubs and tax returns), identification, recent bank statements, details on current debts, and information about the property you wish to buy. Your mortgage broker will guide you through the specific requirements.
Why Choose Us
Feel assured knowing you’re in capable hands. Our commitment to placing our customers at the center of all we do truly sets us apart from the competition.
Our Promise to You:
- We make doing business with us easy.
- You’ll always speak with a real person.
- We are prompt and responsive.
- We go the extra mile, every time.
- We listen to understand your needs.
- We offer home loan options tailored to you.
- We seek out competitive interest rates.
- Our goal is to provide outstanding service, ensuring your complete satisfaction.