Mortgage Broker in Kenmore, QLD 4069
We're Kenmore Mortgage Brokers helping clients get a new loan or refinance their existing loan
Rated 5 from 69 Reviews
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Rated 5 from 69 Reviews
Finding the right mortgage solution can be a complex process, whether you're buying a home in Kenmore or considering an investment loan. At TAP Mortgage Solutions, we pride ourselves on being your trusted mortgage broker in Kenmore, QLD. Our commitment is to help you access loan options from banks and lenders across Australia, tailored to your unique financial situation. We aim to simplify the journey with expert advice, ensuring you secure the best possible interest rate and loan product for your needs.
As you embark on applying for a loan, understanding your borrowing capacity is crucial. We assess your financial situation, taking into account your credit history, bank statements, and income, to provide you with a realistic view of your loan amount eligibility. Part of our service includes demystifying terms such as loan to value ratio (LVR) and lenders mortgage insurance (LMI), which impacts your loan product choice and overall costs. Additionally, calculating loan repayments accurately ensures you have a clear understanding of your financial commitment, whether it involves a fixed interest rate loan or potentially more flexible variable loan rates.
Our expertise extends to helping you get pre-approved for your mortgage, a vital step in the application process. Pre-approval gives you an edge in the local property market by showing sellers you are a serious buyer, capable of completing the transaction. Furthermore, our streamlined application process saves time and reduces stress, making your loan application as efficient as possible. We liaise with banks and lenders directly, allowing you to focus on the exciting aspects of buying a home.
Loan options are plentiful, and choosing the right one can be daunting. We provide guidance on the benefits of an offset account and the implications of choosing a variable or fixed interest rate. Understanding these options can lead to significant interest rate discounts and long-term savings. Our deep knowledge of the local property market in Kenmore also enables us to offer strategic advice on when to apply for a loan to maximise potential benefits.
TAP Mortgage Solutions is dedicated to offering clear, trustworthy advice. Our service is not just about securing a loan, but about building a partnership that empowers you to make informed decisions. Whether you're looking to apply for a loan, explore home equity, or need advice on investment loans, we are here to guide you through every step.
We invite local residents, such as teachers, healthcare professionals, retail managers, hospitality workers, and business owners, to experience the difference a professional mortgage broker can make. With tailored strategies, expert guidance, and unparalleled support, TAP Mortgage Solutions stands ready to assist with all your mortgage needs in Kenmore. For those ready to take the next step, contact us today to begin your journey towards securing the home loan that suits your lifestyle and future plans.
Lap 1: Book a Meeting
The journey begins with an initial consultation with one of our experienced Mortgage Planners. We take the time to understand your financial goals and discuss Loan options, including any special policies you may be eligible for.
Lap 2: Fact-Finding & Payslips
We gather essential information about your financial situation, including income, assets, liabilities, and credit history. This step helps determine your borrowing capacity and ensures we assess suitable Loan options.
Lap 3: Appointment – Work With vs Work For
We work alongside you, not just for you. This step is about collaborating to find the most suitable loan solution that aligns with your financial needs and long-term goals.
Lap 4: Loan Recommendation
Based on your financial profile, we assess suitable loan options from a range of lenders. We guide you through different Loan types, interest rate structures (fixed vs. variable), and potential discounts to help you make an informed decision.
Lap 5: Document Gathering – Final Preparation
Once you’ve selected your preferred loan, we assist in gathering all the necessary documents, ensuring everything is in order for submission. This includes bank statements, identification, and any additional lender requirements.
Lap 6: Loan Application Lodgement
We submit your completed application to the lender and liaise on your behalf to ensure a smooth process. Our team will keep you updated on progress and any additional requirements from the lender.
Lap 7: Approval / Pre-Approval
If you’re seeking a pre-approval, this gives you confidence to make offers on properties. However, pre-approval is not a guarantee of final approval—the lender will still need to complete full assessments, including property valuation and financial verification.
Once your Loan reaches formal approval, the lender confirms the loan is fully assessed and ready for settlement. At this stage, we ensure all conditions are met so you can move forward with certainty.
We also guide you through key factors such as Loan to Value Ratio (LVR) and whether Lenders Mortgage Insurance (LMI) applies, ensuring you understand your loan structure before proceeding.
Lap 8: Document Signing
With loan approval in place, you’ll receive formal loan documents for signing. We walk you through the terms and conditions to ensure you understand your obligations before proceeding.
Lap 9: Settlement
On settlement day, your Loan is finalised, and funds are transferred according to your loan purpose—whether for a property purchase, refinance, or loan increase. The final steps will depend on your loan structure and lender requirements, and we’ll guide you through the process to ensure a seamless transition.
Lap 10: Ongoing Check-Ins & Support
Our support doesn’t stop after settlement! We provide regular check-ins to help you manage your loan, review interest rates, and ensure your mortgage continues to meet your needs.
At TAP Mortgage Solutions, we are committed to excellence in everything we do, striving to help you achieve your financial goals with confidence and ease. Founded in 2022, our company is built on the belief that loan products should be straightforward, accessible, and designed to provide peace of mind.
With decades of experience in the finance industry, our Mortgage Brokers in Kenmore bring a wealth of knowledge and dedication to every client we serve. Our expertise spans home and investment loans, refinancing, first-time homebuyers, off-the-plan purchases, and specialised lending. By leveraging strong relationships with a wide network of lenders, we are committed to finding the right financial solutions for your needs.
Get in touch with the team today for help with your lending needs.
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samuel jackson
Troy and cass are the a team! Had 3 loans with them so far all advice and approval goes easy as can't thank them enough. Cheers
WH
Whit Hanby
As a first home buyer, Troy was fantastic at navigating the process of buying my first home, from an initial chat about what might be achievable for me, through to loan approval. He clearly explained the process and requirements, took care of the mortgage application and offered guidance for the things I had to decide and organise myself. I'd definitely usw him again and recommend him to others. Thanks Troy!
NP
Nigel Philp
Troy and Cas were amazing to work with. Communication and support was top notch for the entire two year process for my off the plan house and land purchase. I highly recommend TAP mortgage solutions and will be using them again for my next purchase.
A mortgage broker will recommend a product based on what you say is most important to you – for example, “pay my loan off quickly” or “guaranteed repayments” or “low cost”. We do however, live by the following; “if you want flexibility take a variable rate loan, if you want budget certainty, take a fixed rate loan, if you want both, then do a split loan.”
Lenders will only sell you their own products. Each bank (or lender) has a variety of loan products on offer – low doc, package loans, loans with re-draw facilities, plant and equipment loans, fixed rate loans, interest only, interested in advance, variable, introductory variable… and so on. The issue you face as a consumer is ‘which loan is right for me?’ And that is where your mortgage broker becomes an invaluable resource!
If you go direct to the bank, you will only be offered the loan options available through that one lender. As your mortgage broker, we do all the leg work to find the right loan for your needs. We are across many lenders and all of their loan products, and our sole purpose is to find a suitable loan to match your personal financial circumstances and goals.
We are Connective Brokers and we have access to many lenders. This means we can source you a loan from different lenders to provide you with a variety of options that are suitable for you and your situation.
There are specific factors that need to be considered when determining how much a customer can borrow, such as income, employment position, the deposit saved, current living expenses and any liabilities. Our borrowing calculator can give you a rough idea of how much you may be able to borrow. For a more accurate assessment, please give us a call and we can go into your options and discuss your circumstances in more detail.
Mortgage brokers do not set rates. The Reserve Bank of Australia meet on the first Tuesday of every month to determine the official cash rate for the country. The lenders then use this information to set their own rates. Lenders also adjust their rates according to their costs and other economic considerations.
Some brokers charge a fee for their service which they must disclose to you up-front before you engage their services. However, the costs of the loan are the same. These costs depend on the loan and lender you choose. If you want to save on loan costs, just tell us. We can locate loan products from the lenders with the lowest fees and charges.
Mortgage brokers are qualified finance industry professionals. They work with you to determine your borrowing needs and objectives, and to help you determine how much you can borrow. Brokers help to ensure that you don’t take out a loan that is not right for you. Like your solicitor, accountant or financial planner, we are specialists in what we do and will provide you with a suitable finance solution to help you achieve your goals. With a mortgage broker, you can expect a more personalised level of service than you would usually receive directly from a lender.
Additionally, our brokers have access to finance products from a wide variety of lenders. This means your broker can compare lending products from different lenders to find a loan that’s just right for you.
Some mortgage brokers charge a fee for their services and some don’t. When you take out a loan via a mortgage broker, it does not cost you more in loan repayments. Brokers get paid a commission by the lender for bringing new business to them, but this does not impact your interest rate. Some brokers charge a fee for their service. They must disclose this fee upfront to you so that you know what it will cost if you engage their services.
Absolutely not. First of all, there is very little difference between the commissions paid by the various lenders. There is also legislation in our industry called the National Consumer Credit Protection Act (or NCCP), that is designed to protect consumers and ensure ethical and professional standards in the finance industry. We tell you upfront what commission we will be getting from the lender. Our job, our only job, is to find a competitive loan for your needs and objectives.
Sure thing! We are mobile brokers so we can come to you.
The primary advantage of using a broker for financing large purchases beyond property is the ability to secure finance tailored to your specific financial circumstances and needs. For depreciating assets, the right financing can potentially save you money on interest and fees or help maximise your tax benefits.
Not sure what type of loan suits your current financial situation? That’s where we come in. We provide customised finance solutions selected from a panel of leading lenders, ensuring your loan is working in your best interest. Contact us today to discover how we can assist you.
The Trustee for QLD Mortgage and Finance Trust ABN: 75 374 008 331. Credit Representative #465891 is authorised under Australian Credit License #389328.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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