Mortgage Broker FAQ

• How does Mates Rates Mortgage Brokers get paid?
• How much could you save with a cash back home loan from Mates Rates Mortgage Brokers?
• What is a Mates Rates Mortgage Brokers cash back mortgage?
• What is a mortgage broker?
• What is cash back?
• What are the types of mortgage brokers?

Types of Home Loans FAQ

• What are the main types of home loans available in Australia?
• What is a bridging loan?
• What is a construction home loan?
• What is a DHOAS Loan?
• What is a family equity loan?
• What is a fixed home loan?
• What is a low-doc home loan?
• What is a Principal & Interest (P&I) home loan?
• What is a split rate (fixed/variable) home loan?
• What is a variable home loan?
• What is an Expat Home Loan for UK Citizens?
• What is an interest-only home loan?
• What is an investment home loan?
• What is an SMSF loan?
• Why use a mortgage broker instead of a bank?

Show Remaining FAQs ( 7 ) Collapse FAQs

Home Loan Process FAQ

• How does a lender assess my ability to meet my loan repayments?
• How long does a home loan settlement take?
• What information will I need for my home loan application?
• What is home loan pre-approval, conditional approval and full approval?
• What is today's hottest variable rate home loan?
• What percentage deposit do I need for a home loan?

Loan-to-Value Ratio (LVR) FAQ

• How does your Loan-to-Value Ratio impact your home loan?
• How is your LVR calculated?
• Is LVR based on purchase price or valuation?
• What is a home loan LVR?
• What LVR should you aim for in a home loan?

First Home Owners Grant & First Home Guarantee Scheme FAQ

• How much can you spend on a property to be eligible for the First Home Owners Grant?
• How much is the First Home Owners Grant?
• What is the First Home Guarantee (FHBG) scheme?
• What is the First Home Owners Grant scheme?
• Who is eligible for the First Home Owners Grant?

Lender’s Mortgage Insurance (LMI) FAQ

• How much is the LMI premium?
• Is Lenders’ Mortgage Insurance compulsory?
• Is there stamp duty charged on your LMI premium?
• What is Lenders Mortgage Insurance?
• When do you have to pay Lenders’ Mortgage Insurance?
• Who is protected by Lenders Mortgage Insurance?
• Who pays Lenders’ Mortgage Insurance?