Frequently Asked Questions
Which home loan products can your mortgage brokers help me with in Adelaide?
For those seeking finance and mortgage broking services in Adelaide, we provide various home loan products to suit your financial situation. These comprise first-home buyer loans, investments, refinancing, guarantor loans, no & low deposit loans, and more. Lendstreet wants everyone to have the same chance at securing a loan that makes them financially comfortable and confident.
Do you have online services?
Yes, Lendstreet can speak with you online or in person. Contact us here to book an online appointment and discuss your mortgage goals. One of our mortgage brokers in the Adelaide office will get back to you with more details.
Can your mortgage brokers help me buy an investment property?
Lendstreet takes investment property seriously when giving you favourable options and the best property purchase terms. Our mortgage brokers can help you find and buy an investment property by matching you with a relevant lender. These professionals will provide detailed financial insights to ensure you’re making well-informed decisions regarding projected ROI, home equity, self-managed super funds (SMSF), and more.
What are the key advantages of choosing a mortgage broker in Adelaide?
A good mortgage broker will guide you through the process of personal loans or making the right mortgage choice based on your budget.
Our team at Lendstreet understands the property market in Adelaide, which gives us better insight into current pricing and interest rates. With this knowledge, we can offer a personalised service to help you save money, avoid debt consolidation, and secure the best loan for your housing dreams.
What paperwork is required for a mortgage loan?
Before applying for a home loan, you might gather the following documents:
- Proof of identification in the form of a valid passport, birth certificate, or driver’s licence.
- Income documentation, including recent payslips or yearly summaries, personal and/or business tax returns for the past two years at least, with any self-employed financial statements.
- Declaration of additional expenses like bonuses, overtime, and freelance work.
- Bank statements that offer proof of your savings.
- Employment contracts, especially if you own a business or are self-employed.
- Proof of any existing loans or debts, including personal loans, credit cards, student loans, or medical costs.
- Current dependents like children, elderly family members, and anyone else you support financially.
The documents required for a mortgage loan depend on the lender and home. We can discuss more about paperwork in our first meeting call.
What kind of lenders does Lendstreet work with in Adelaide?
Lendstreet works with several reputable lenders in Adelaide. Some include HSBC, AFG, Westpac, Virgin Money, Adelaide Bank, and more. You can check out our lenders here or contact us to discover what home loan is best for your budget and long-term mortgage goals.
Can you help me get a home loan despite my low credit score?
While most banks and lenders favour borrowers with good credit scores, there are still other factors that may be considered in your home loan application. We will try our best to formulate a strategy, and we will reach out to our panel of lenders to find opportunities for you even though your credit score is low.
Why should I choose a mortgage broker over a traditional bank for my home loan?
Choosing Adelaide mortgage brokers ensures you get the best interest rates, terms, and loan products. Lendstreet not only gives clients competitive prices but also creates a personalised plan covering one’s financial position. So, whether you’re looking to buy your first home or use investment loans, talking to one of our mortgage brokers is the most efficient choice.
It’s also important to note that we manage the paperwork and applications with the lender, saving you time and extra money.
What costs are associated with hiring a mortgage broker in Adelaide?
The cost of mortgage brokers in Adelaide depends on the home loan and mortgage broking process. Some brokers charge upfront fees covering processing and applications, while others require a lender-paid commission based on a percentage of the loan’s overall value.
However, at Lendstreet, we do not charge clients any additional fees related to our financial solutions. For more information on costs, contact our professional team today to feel confident working with Lendstreet and securing your loan.