Home Loans

Whether it's your First Home, Next Home or Dream Home, we're on your side

At Pollux Financial, we understand that buying a home is one of the most significant investments you will make. We are committed to helping you access home loan options from banks and lenders across Australia. Whether you're a first-time homebuyer in Canberra or looking for properties elsewhere in Australia, our expertise spans nationwide. Our comprehensive range of home loan solutions is designed to align with your unique financial situation, ensuring you find the right fit.

Our services offer an extensive range of home loan options to suit various needs and circumstances. We work with reputable banks and lenders across Australia to help you secure the best interest rates and terms. Understanding your borrowing capacity is crucial, so we assess your financial situation, including your credit history and loan amount preferences. This thorough analysis helps us determine the most suitable home loan options for you, whether it involves a fixed interest rate home loan or variable home loan rates.

Interest rates play a pivotal role in your home loan journey. We provide insight into both variable interest rate and fixed interest rate options, helping you decide which suits your financial goals. A fixed interest rate offers stability in monthly repayments, while a variable interest rate might provide more flexibility, potentially leading to interest rate discounts over time. Our advisors will guide you through this decision-making process, ensuring you understand the implications of each choice on your mortgage repayments.

Lenders Mortgage Insurance (LMI) is another important consideration for many borrowers. If your loan to value ratio (LVR) is above 80%, LMI becomes a factor. This insurance protects the lender if you default on your loan. We assist in calculating home loan repayments, factoring in LMI when necessary, and exploring ways to minimise this cost if possible.

The application process for a home loan can often feel overwhelming, but at Pollux Financial, we strive to make it as seamless as possible. Our streamlined application process ensures you can apply for a home loan without unnecessary stress. We guide you through gathering essential documents like bank statements and provide advice on improving your credit history to maximise your borrowing capacity. Getting pre-approved for a home loan is an excellent way to strengthen your position when buying a home, giving you confidence in your purchasing power.

Understanding the property market and associated costs such as stamp duty is also crucial when buying a home. Our team offers insights into market trends and assists in calculating all related expenses, providing a clear picture of what buying a home entails financially. Additionally, features like an offset account or using home equity can enhance your home loan strategy, offering more savings opportunities in the long term.

To summarise, Pollux Financial is dedicated to helping you access home loan options tailored to your needs. From understanding interest rates and LVR to navigating the application process, our goal is to simplify every step of buying a home. We invite you to reach out and discuss how we can assist with your home loan application today. Let us guide you towards making informed decisions that secure your financial future while realising your dream of homeownership.

Getting a Home Loan with Pollux Financial

1. Understanding Your Needs
Your mortgage journey begins with a detailed consultation with your Finance & Mortgage Broker. Your broker will listen to your property goals, whether you’re buying a home, investing in real estate, or refinancing. They will assess your financial situation, considering factors like income, savings, liabilities, and credit history, to provide tailored advice on loan options available to you.

2. Financial Positioning
Your broker will request relevant documentation such as bank statements, recent tax returns, and evidence of assets and liabilities to determine your borrowing capacity. They will calculate how much you can afford to borrow, considering important factors like LVR, potential LMI, and interest rates. Your broker will also advise you on how to improve your financial standing if necessary, ensuring you are in the best position to apply for a loan.

3. Comparing Loan Options
Once your financial situation is fully assessed, your broker will begin comparing loan products from a range of lenders across Australia. They will help you weigh the benefits of fixed interest rate loans versus variable interest rate loans, as well as exploring options for offset accounts and interest rate discounts. They will also explain important terms like loan features, fees, and other considerations like the potential for future rate changes or LVR adjustments.

4. Submitting the Loan Application
Your broker will help you complete the loan application. They will guide you through submitting all necessary paperwork to the lender, including documents like bank statements, proof of income, and details of existing liabilities. Your broker will communicate directly with the lender to ensure the application is processed quickly, ensuring no delays in getting you the loan you need.

5. Loan Approval & Settlement
After your loan is approved, your broker will review the final loan offer with you and help arrange any necessary insurance. They will also work with you to ensure you understand the terms of the loan and guide you through the settlement process. Your broker will remain available to help you navigate any final hurdles before you complete the purchase of your property, land and build, refinance, etc.

Step 6: Ongoing Support
Once your loan is settled, your Finance & Mortgage Broker remains available for ongoing support. This may include advising on managing your loan repayments, exploring the possibility of refinancing, or helping you tap into your home equity for future property purchases. Your broker’s role doesn’t end at settlement—they’ll be there to guide you through the entirety of your property ownership journey.

Reviews for Pollux Financial

SK

Sandi Kinnane

I highly recommend Paul. He found us the best deal for our circumstances, kept us informed, explained the process at every step, and was very responsive to any questions. He made everything really easy.

IK

Izzeden Khalil

We've used Paul a number of times from refinancing my PPOR or purchasing investment properties. He made the process as hassle free as possible for us. Pauls’ understanding of the mortgage industry helped us getting hassle free finance for ...

NM

Nathan Morrison

Stress free refinancing. Paul and his team made our refinancing process an easy and positive one. Paul is an excellent communicator, and from our first meeting, knew what we wanted to achieve and worked hard to get us the result we wanted. ...

Frequently Asked Questions

Can you only help with Home Loans?

We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.

Can you help First Home Buyers?

We love helping First Home Buyers! We're experts at the entire process and can help you get the right Home Loan. We're also across the various schemes to help First Home Buyers such as the First Home Owners Grant and the various stamp duty exemptions available.

Can you help with refinancing an existing Mortgage?

Of course! We believe that we can find the best interest rate for you to refinance to, whether it's a Home Loan or Investment Loan.

Are your mortgage brokers licensed and accredited?

All of our Mortgage Brokers are accredited and members of the Mortgage and Finance Association of Australia. They are extremely professional and provide exceptional service across a range of lending options.

Why should I use a Mortgage Broker?

Mortgage Brokers are there to help you find the right loan whether it be from the major banks, smaller lenders or other sources. We have a broad range of products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.

What kind of interest rates can you offer?

We take look at a wide range of products available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of products and make sure we're always recommending the best Home Loans for our clients.