Please reach us at michael.wu@10xhomelending.com.au if you cannot find an answer to your question.
At 10X Home Lending®️, we serve as the intermediary between you, the borrower, and lenders. Leveraging our expertise and advanced technology, we aim to find you the most favorable rates and smooth out the settlement process. Your best interests guide our auctions as we handle the complete mortgage lifecycle on your behalf.
We believe that we can save your time, hassle and more often than not money, by helping you to source finance that is tailored to your individual objectives, requirements, and risk profile. It's their job to verify your financial position, requirements and objectives. They will then make a preliminary assessment as to which loans are most appropriate - Working for your best interests.
Mortgage Brokers work with a wide range of customers, from people wanting to finance their first home through to those looking to build their investment portfolio, switch home loans, consolidate debts, or top up their loan.
A professional mortgage broker has access to an extensive panel of lending institutions including large and small banks, non-banks, credit unions and building societies. They offer an advantage to home buyers or investors that one lender simply cannot: a wide choice of lenders and loan products.
We all know that you achieve the best results and score the best bargains when you shop around. A mortgage broker can help you navigate the complex world of home loans, offering personalized advice and access to a wider range of loan options than you might find on your own. This can result in better loan terms, including lower interest rates and fees, higher approval rate, and more suitable borrowing capacity. By using a mortgage broker, you're able to leverage off their expertise and experience to get the best possible property finance option from their panel.
Not only will a broker help navigate the mortgage maze, but they will also tell you how much you can borrow from the lenders they work with and then help you secure a loan application, which is important to have in place before you sign a purchase contract. Savvy property buyer will say it is best to be pre-approved before starting the property hunt.
This is why over 69% of Australians are using a mortgage broker to meet their home lending needs.
By comparing loan options from various lenders and negotiating on your behalf, a mortgage broker can recure lower interest rates or more favourable terms, potentially reducing your monthly mortgage payments.
Over time, the saving on interest and fees, along with guidance on loan structuring, plus helping you work out your borrowing capacity at different stages for your home buying journey, can significantly enhance your financial position, helping you build equity faster or reduce your loan term.
Our personalized approach, combined with our commitment to your best interests and our comprehensive understanding of the market, sets us apart. We're not just about finding you a loan; we're about finding you the right solution to magnify your property success.
We help you develop the right home lending solutions to achieve your financial goals by doing below 5 P's of research:
-Policy considerations.
-Product considerations.
-Property Value.
-Provisional Servicing.
-Pricing.
We will work closely with you from the initial meeting through to applying for the loan and settling the deal.
There are over 50 lenders operating in Australia, all with different products and loan approval criteria. We help by guiding you through the minefield, sometimes uncovering terrific deals that you would never have realized existed.
We don't charge our customers a fee for our service because we get paid by the lender for successfully arranging the home loan. Note: Our commission paid by the lender is not added into your loan as a cost, it is paid by your lender independently. We'll always be upfront about any costs involved in your unique case.
Yes, at 10X Home Lending®️, we believe in building long-term relationships. We offer ongoing support and advice to ensure your mortgage continues to meet your needs over time.
We won't simply work with you to finance your current deal; we'll work with you every step of the way as your property portfolio grows, providing valuable advice and guidance along the way.
We are committed to be an educator, a confidante and a sounding board who works by your side throughout your years as a property owner or a property investor.
Competition between lenders is hotter today than it has been for a number of years. Deciding who to go with should be based on which lender has the products, credit policies and services that best suit your individual needs, financial situation, lifestyle, objectives, requirements and future plans.
We can help you to compare different product features, interest rates, upfront and ongoing fees, accessibility and flexibility to make sure you get a terrific deal that is tailored to you. We will also help you undertake a "home loan health check" on a regular basis to make sure you are making the most of the market, given it changes constantly.
Although we are mortgage brokers based in Cheltenham, Melbourne, we cater to clients in a wide range of suburbs, focusing on providing top-notch mortgage broking services wherever you're located in Australia.