Mortgage Broker Services at your door step.
Davies Home Loans is a local mortgage broker business operating in the Southern Gold Coast and Northern Rivers of NSW regions offering mobile mortgage broking services, but our clients are located across Australia and overseas. Check out our website to find out why people love us so much and then contact us for a meeting. We have nearly double the lenders on our panel than most franchised mortgage brokers, more choice means better deals.
We aim for our mortgage brokers to take away the paperwork burden and provide you with a loan product that matches your circumstances and desires. With due regard to that lenders costs, service history and accessibility. As such we will ask you a lot of questions. Please remember these are necessary both from a lenders perspective and to ensure the chosen product is right for you. Best of all, we don’t charge a fee, click here to find out how this works.
No doubt you will have questions for us, so we have provided general information about us here. Please note that we are a full licence brokerage (Australian Credit Licence 383011), not a franchise, you can check this at any time with ASIC.
We hope this answers any initial questions you might have had, there is a lot more info further down this page. Please note that we are always happy to answer any further questions at any stage of the loan process. 1300 396 220.
This is not your first property purchase, you are established, perhaps with family looking.. READ MORE
Mortgage Broker Finance Health Check
A finance health check is a crucial assessment tool to ensure you are not paying too much. It is the first thing our mortgage brokers recommend when considering refinancing. As your mortgage broker, we will not recommend a change in your finance unless there is a compelling reason or a distinct financial advantage to do so.
We sometimes find that whilst people are unhappy with their current loan, it is uneconomical at that time to change. We will tell you this and not pressure you to refinance, we will then follow up each year to time to see if things have changed.
When you consider that a home loan is often the biggest personal financial commitment a person will make in their life, it makes sense to ensure that as times and circumstances change, your loan should definitely change with you.
If any of the following relate to your situation, why not ask a Davies Home Loans mortgage broker to check if we can save you money on your loan with a more up to date product:
- Change in work situation or pay
- Birth of a child
- Interest rate changes
- Want to access the equity in your home for renovations, holiday, car, investment, other worthwhile purchases
- Had your loan for more than 3 years
- Want to pay less per month on your loan
- Paid off a large lump sum or significant amount of your loan
- Want to consolidate some debts
- Want extra features like a redraw facility or make extra payments
- Just interested to know, but don’t really want to change. In some cases you don’t even need to change lender
Just contact us to arrange an appointment with one of our qualified mortgage brokers – it’s your choice.
mortgage broker helping people
Home Loans
You are probably wondering what makes us different to other mortgage brokers and banks?
Our biggest difference is that we are not transactional but offer more of an advisory service. A classic transactional example is asking for a land loan and getting it, but when returning to get a construction loan being told that now you have the land loan you can’t afford the house. Using the same example, when our mortgage brokers help people get a land loan we ask if they have plans to build and submit an application for building pre-approval at the same time, this ensures the future plan of the project can be fulfilled.
We provide home loan solutions to people in the Gold Coast and Northern Rivers areas, but we also have clients across Australia and overseas, once we have met, everything else can be done by phone, e-mail or Skype.
To help you get your home loan, we bring our mortgage broker services to you anywhere in the Gold Coast and Northern Rivers regions. This can be at your home, work or local café. It’s your choice. We can even do this after hours, weekends and bank holidays and have a fantastic team waiting to help you.
We are a mobile mortgage broking service, which means our mortgage brokers come to you at your home, work or favourite coffee shop. If for some reason we are unable to meet or perhaps you live or work in a different region, then we can make arrangements to fulfil identification requirements and deal with the paperwork via the phone, fax or e-mail.
To ensure your loan remains suitable, we provide ongoing advice for the life of your loan with us, this is important because things change!
And finally we do NOT charge you for our home loan services. This is because the lender you choose pays us and this is factored into the loan in the same way that the salary of the loan officer in a branch is factored into a loan. Effectively we become a temporary contracted employee of that lender. It does not change the loan product or increase any fees or charges. This is why so many people now use mortgage brokers.
Investment Loans
The most common investment we deal with is residential and commercial property that will return rent. The process for buying either of these is nearly identical to buying one to occupy yourself.
You have probably read articles on how someone has built up a multi-million dollar property portfolio in a few years. They are inspiring. We will help you understand how it is possible and the importance of cash flow.
Our mortgage brokers also help you understand different structures of ownership such as;
- Sole
- Joint
- Tenants in Common
- Company
- Unit Trust,or
- Discretionary Trust
We explain implications of each these structures and look at your situation to help you formulate questions for your accountant and lawyer.
We are experienced in arranging loans, we understand what lenders are looking for and help you present your application for finance
Other investments may involve leveraging against property and a future asset such as shares and managed funds. We can also help with the finance side of these transactions, however we encourage all our clients to utilise specialist advice and we can provide you with a list of local professionals to help you in specific areas.
Call us – so we can help you invest with confidence. 1300 396 220.
Business & Commercial Loans
As with our home loans we have lenders providing finance to business and developers from $50,000 to $50,000,000.
Why do some banks charge more interest on a loan just because you are buying a factory instead of a house? In some cases they do this simply because they want more profit. The good news is that not all lenders are the same.
Business operators in the Gold Coast and Northern Rivers understand that cash flow is critical and so do we. Unlike a bank loan officer we are a business operator, we know the issues affecting finance and the importance of getting it right.
Our panel of commercial lenders can provide the following;
- Purchase Commercial Property (eg. Commercial, industrial or retail)
- Purchase Specialised Property (eg. Professional Practices, Franchises, Rural)
- Property Development (eg. Commercial or large Residential)
- Business Loans (where real estate will be leased not owned)
- Equipment Finance (including motor vehicles)
- Debtor Finance
So stop using your valuable time trying to find the right loan and let us do the work for you.
Call us on 1300 396 220 today.
Mobile Lender
Our mortgage broker service is mobile throughout the Gold Coast and Northern Rivers, which means we can come to you at your home, work or somewhere else like a favourite coffee shop. In addition we can come to you after hours, on weekends and on Bank Holidays.
If you live or work too far away for us to meet, we can handle most things by phone, fax or e-mail. Saving you time.
We don’t expect you to take time off work (possibly without pay) and travel to us. Indeed we pride ourselves in being different to a Bank and would be embarrassed to insist that you spend your time and expense travelling to us to give us your loan.
Let us come to you at our expense and allow us the opportunity to show you how we can help you get the best out of your home loan.
Mortgage Brokers
You may be wondering what exactly does a mortgage broker do or why should you use Davies Home Loans Brokers?
Simply put a mortgage broker does almost the same job as a loan officer in a bank, but they have access to the loans of many different banks. Banks pay loan officers under a salary model and they pay brokers under a commission model. Banks are not silly, if loan officers were cheaper than would just hire more of them.
When a bank calculates what interest rate to charge they include, amongst many other things, the loan officers salary, sick leave and annual leave, superannuation, uniform cost and office furniture, electricity and staff amenities, cleaning, and a variety of employee related insurances. Instead of hiring more staff to handle more loans, lenders outsource the loan officer’s role to mortgage brokers and pay a commission equal to or less than the loan officer’s cost. This ensures the loan product stays the same.
When we help with your home loan, you do NOT pay us for our work, as the lender you choose will already do that. Similarly as they would pay the branch loan officer for this work (not you).
So apart from no charges from us when you let us help you with your home loan there are three really big reasons why you should use Davies Home Loan mortgage broking services.
A great choice of products
Our mortgage brokers can offer the products of over 30 lenders. Each lender will have approximately 20 to 30 different loans, at the moment we can bring to you over 800 different loans. Once we have a chance to hear about your situation we can quickly cut this down to a dozen or so and then we work on presenting to you our five most competitive against your particular criteria. Some lenders have chosen to find a niche where the big 4 banks don’t care to compete because the market is too small or can offer a very low interest rate because they have tough rules, or have simpler rules offering a loan when other lender would decline. So if you happen to fit certain criteria there are significant advantages.
An incredible time saver.
Imagine taking time off work and travelling to every bank and building society and trying to find information over the phone on lenders that don’t have branches in your area. You may risk surfing the internet to collect information. But remember banks use the internet to market themselves and only promote the good things about their loans. Our software enables us to compare things that are only found in Product Disclose Documents and Terms and Condition brochures. We help you understand the fine print and explain comparison information in order for you to make a decision. Our comparison reports include both good and bad aspects of each loan and are provided obligation free. Once you make a decision our mortgage brokers handle the preparation of your application and look after you for the life of your loan with us.
You can save money.
Lower repayments are an obvious money saver, as are lower fees and charges. But what about the time and cost of phone calls and visits to branches. A good mortgage broker will deal with the lender on your behalf and they will make your problems go away. A good mortgage broker will educate you on the home loan process, the history of different lenders, the role of other experts such as your conveyancer, building and pest inspector. A great mortgage broker will also look at your future plans to ensure you apply for your loan under the most appropriate structure and guide you to a product which has no nasty surprises such as large exit fees. The bottom line is that buying a property is the biggest purchase in your life. Helping you get it right is our job.
Do you want a Gold Coast Mortgage Broker or Northern Rivers Mortgage Broker? Call us today 1300 396 220.
