Whether you are looking to buy your first home, upgrade your current home, expand your investment portfolio or get a better interest rate on your existing loan, TF Partners can assist you.
We are accredited with all of the big banks and over 50 smaller banks, so our brokers can search for the most appropriate options.
With our extensive knowledge in tax and advisory, we take a holistic approach to our clients lending requirements to ensure we provide them with the most appropriate finance solutions. We take the time to understand our clients goals, for today and for the future. We have experience in a wide range of clientele, from salary and wage earners, business owners, complex investment structures to Self-Managed Superannuation Funds.
TF Partners can make the whole process of finding an applying for a home loan easy because we have the technical knowledge to understand complex structures. We make sure we have correct information from the start, saving you time and making the experience as simple and stress free as possible.
Buying a Home
Talking to TF Partners early when you are considering buying a property can assist you with the decision making process, by helping you to understand the following:
- Minimum monthly repayments
- Deposit required
- Costs involved in purchasing property such as stamp duty and Lenders Mortgage Insurance (LMI)
- First Homeowner Concessions, if applicable, which can vary from each state
The deposit needed for a property depends on a range of factors. It is possible to only need 5% deposit as a first homeowner. Once you have equity, it is much easier to fund the purchase of additional properties utilising the equity in the properties you already hold. It is also possible to utilise equity from a relatives property to satisfy the deposit requirements.
Using an offset or redraw facility can significantly reduce the length of your loan term and provide you with interest savings. We will explain the benefits to you in detail and ensure the facility is suitable for your situation.
The first homeowner grant differs in each state. Currently in Victoria, if you are purchasing a first home and the purchase price is below $600,000, you may be eligible for a full exemption on the stamp duty. If it’s above $600,000 but below $750,000 you still may be eligible for a reduction in the stamp duty you pay, saving you thousands.
Certain professionals are able to borrow up to 90% of a home loan with certain banks, without incurring Lenders Mortgage Insurance (LMI). TF Partners will be able to assist you by finding if you are eligible.
Why choose TF Partners?
TF Partners is constantly evolving and developing alongside our clients, to provide a holistic range of services including Accounting, Business Advisory, Wealth Management and Finance. With our depth of expertise, we provide our breadth of services to a diverse range of clients across an array of industry sectors.