Lance Ractliffe is experienced at assisting a wide range of borrowers to source the appropriate home loan for their situation, including first home buyers, retirees, self-employed borrowers, people with past credit defaults and those looking to build a new home.

“I have experience in all aspects of home lending,” said Lance.

“So whether you are a factory worker, labourer, sales assistant, office worker or a professional person, it makes no difference – I can assist you to find the right home loan.”

Lance particularly enjoys what he describes as the “more difficult” home loan applications, and is adept at negotiating better interest rates for clients.

“No two home loan applications are ever the same, so it’s always exciting and energising seeing new clients and working out a home loan strategy,” said Lance.

“And the really tricky cases, say someone with a bad credit history, can be even more exciting to solve because for the clients, finding a solution can be a wonderful surprise.”

Lance has access to a large range of major banks and secure lenders and can assist you with both full and low document loan applications, family equity, property investment and reverse mortgages, as well as refinancing.

Loan Market home finance brokers is one of Australasia’s largest mortgage brokerages and was recently named one of the best home loan companies in Australia*.

*The Adviser Top 25 Mortgage Brokerages, 2010

Anthony Glover is passionate about helping people with their finance, and with a background in financial planning, has the financial expertise and the knowledge of the home loan market required to successfully make the process as easy as possible.

“One of the most exciting things about finance and home loans is that no two situations are ever the same,” said Anthony.

“That’s why I offer a tailored home loan service that really focuses on your situation and goals.”

Anthony offers a comprehensive home loan service that covers the needs of a large range of buyer types, including first home buyers, borrowers looking to refinance or consolidate debt, self-employed borrowers and property investors.

“As a mortgage broker I am able to utilise my knowledge and skills to find the finance that best suits your current situation, I can save my clients thousands of dollars by simply finding the best product for them.”

Anthony has access to a large range of major banks and secure lenders and can assist you with both full and low document loan applications as well as refinancing.

Loan Market home finance brokers is one of Australasia’s largest mortgage brokerages and was recently named one of the best home loan companies in Australia*.

*The Adviser Top 25 Mortgage Brokerages, 2010

Tony Karevski is particularly interested in working with first home buyers and property investors.

“First home buyers are often looking for guidance on their home loan options,” said Tony.

“And that’s where a mortgage broker can provide a valuable service that doesn’t just meet the needs of first home buyers – really it’s about being the one that does all the market research so that you, the borrower, can put your time towards other things.”

Another aspect of home loans that Tony is passionate about, is saving money on them.

“A home loan is a long-term commitment, one that can really clock up the interest charges over the years,” said Tony.

“What I love doing, is showing people how they can reduce the overall cost of their mortgage, and that so often translates to reducing the overall time you have one for too.”

Tony has access to a large range of major banks and secure lenders and can assist you with both full and low document loan applications as well as refinancing.

Loan Market home finance brokers is one of Australasia’s largest mortgage brokerages and was recently named one of the best home loan companies in Australia*.

*The Adviser Top 25 Mortgage Brokerages, 2010

Sam White, deputy chairman of Ray White and executive chairman of Loan Market, told the Daily Telegraph that the Sydney market is “like a coiled spring”, and that the property group expected intense competition for the expected 24,000 properties that will go on sale in the next couple of months.

Real estate agents are predicting that October will be a bumper month, due to a combination of improving economic sentiments and the continuing stalemate in Canberra.

Families and property investors both have a strong presence in the market right now, and even though first home buyer numbers are lower than the same period in 2009 (when the First Home Owners Grant Boost was in effect), this is still a keen buyer group thanks to an increase in options in the low deposit home loan space.

In conjunction with increased competition and more relaxed lending standards, the Spring property market will providing some great opportunities for home buyers and sellers, but with many people looking to buy it’s important to organise your finance in advance – a home loan pre-approval is an ideal first step to discuss with your mortgage broker.

With units showing their popularity, Loan Market Brunswick mortgage broker, Carl Scheriani, said potential buyers – whether owner-occupiers or investors – should take note of conditions on property finance prior to committing to a purchase.

“Buying a unit can be extremely beneficial, especially in this area, for both owners and investors,” said Carl.

“However it’s important to note that there may be additional conditions you will need to meet before being granted loan approval.”

Carl said some lenders may restrict the amount of your loan – or even if they will approve a loan at all – depending on both the size and location of the unit you are looking at.

“Very small units, in particular those that are less than 50sqm, can be difficult to finance, so you may need to approach a specific range of lenders for approval for this kind of purchase,” said Carl.

“It’s important to understand also that lenders continue to be conservative with valuations.”

Carl recommends anyone considering purchasing a unit get professional assistance with their finance as early as possible, in order to avoid last-minute issues securing a loan for your purchase.

And a good deposit always helps, although there has been a resurgence recently of loans for low deposit holders. These may not apply to investors.

Source: REIV, Loan Market

Apartment developments had been suffering in the post-GFC era, after developers and buyers had more hurdles to jump to achieve finance approval.

Organising your home loan for an off-the-plan purchase is often a little different to organsing a standard home loan.

In the period between signing your contract and paying a deposit, and settling on the property, you will need to confirm your finances. If you already have a loan approval, you will need to reconfirm the offer from your lender soon. There may be changes to your approval, including the amount you can borrow, the interest rate on offer, and the conditions on full approval.

An assessment of your situation at this time can confirm that your current loan is the right one for you. After all, there may have been a number of changes to your personal situation and the home loan market since you first applied for your home loan, including interest rate rises and changes to lending policies.

If you have not yet secured loan approval, now is the time to investigate your loan options and submit your loan application.

For first home buyers, it’s important to review your entitlements as there have been a number of changes over the past year to the level of support that is available to you.

Source: Broker News; Loan Market

The median house price for the area is currently around $527,500, just shy of the state median for the June quarter, but Loan Market Mornington Peninsula mortgage broker, Terry Cochrane, said there are opportunities for home buyers.

“The Mornington Peninsual is a great area – I’ve been here for 25 years myself – and that’s showing in the rising prices,” said Terry.

“But there are opportunities for home buyers to get a great little property if they are smart with their finance preparation.”

Terry works with home buyers, first home buyers and investors to get a home loan package that will ‘give them the edge’ when buying property, and believes that being prepared is the key to grabbing the property you want.

“If you’re ready to go with your finance you are a step ahead of so many people, who think that the house comes first and the finance second,” said Terry.

“And that means you stand a much better chance of achieving a purchase at a great price.”

“Many things have changed about accessing finance for commercial and business purposes since the GFC, and that’s why it is important to use the services of a commercial finance specialist,” said Scott.

Scott said that is some cases, your commercial finance situation may mean that only a few lenders will consider your application.

“Aside from knowing where to place your commerical finance application, it’s also essential to present it properly – and that’s where a commercial finance specialist can really step in and take control of your application to get a positive outcome.”

Scott has more than 20 years commecial finance experience, particularly in commercial property purchases, franchise finance, property development, business purchases and expansion, and cash flow finance (debtor finance).

The opportunity to purchase property more cheaply overseas has lured many potential buyers away from the Australian property market to overseas locations. Choosing the right financial institution to finance your overseas property purchase could ultimately save you money and time. Some of the major banks and lenders for instance have overseas branches and partners so you can borrow against an overseas property and organise transactions and paperwork with ease. However, some banks and lenders will not accept an overseas property as security.

Finance solutions for overseas property purchase

To find out which of Australia’s major banks and lenders offers a competitive finance solution that is right for your overseas property purchase, get your Loan Market mortgage broker to help.

They can even help complete your application and negotiate a more personalised finance structure. Simply complete the brief form on this page and we will contact you at a time that is convenient for you.

Metropolitan Perth recorded a 9.3 per cent growth, whereas Perth jumped an impressive 19.2 per cent.

Ray White chief Mark Whiteman said Scarborough was the most reasonably priced suburb in terms of both proximity to the beach, and the city.

“It is not only a desirable place to live, but a desirable place to rent, with a lot of investment properties in the area,” he said.

Scarborough’s median house price in June was $740,000, up from $556,250 the same time last year.

Perth mortgage broker Greg La Brash said potential borrowers hoping to purchase in the area should be armed with an official home loan pre-approval.

“Competition to buy in the area may be on the up, so having an official home loan pre-approval gives buyers more power in terms of negotiating with vendors, as well as bidding at auctions,” he said.

According to the REIWA, the median price for a four bedroom home in Scarborough was $830,000 (first quarter 2010).

Source: perthnow.com.au, Loan Market

Contact: Greg La Brash, mortgage broker

When it comes to successfully buying property, finding the right home is only part of the equation. Finding a great deal on your finance is just as important. Greg La Brash provides mortgage broking services in suburbs including but not limited to: Perth, West Perth, East Perth, Maylands, Ellenbrook, Mirrabooka, High Wycombe, Midland, Balga, Nollamara, Dienella, Bayswater, Kalamunda, Henley Brook, Koondoola, Morley, Karrinyup, Scarborough