Luxe Finance Group are Perth's trusted mortgage brokers, accessing 30 lenders to find the loan that suits your goals.
Rated 5 from 66 Reviews
Luxe Finance Group is Perth's trusted mortgage broker, rated 5 stars and relied upon by hundreds of Perth homebuyers, investors, and refinancers across the metro area. As a fully certified, MFAA accredited mortgage broker in Perth, we access over 30 banks and lenders across Australia to identify loan solutions tailored to your financial situation, borrowing capacity, and property goals. Unlike going directly to a single bank, working with a Perth mortgage broker means you get access to a broad panel of lenders, objective advice, and a finance specialist who sits on your side of every transaction.
Jay Coakley and the Luxe Finance Group team have helped hundreds of Perth borrowers secure home loans, investment finance, and refinancing solutions across Perth's northern, southern, eastern, and western suburbs. With years of hands-on experience in the Western Australian lending market, our Perth-based broking team brings the local knowledge, lender relationships, and strategic thinking that generic online lenders simply cannot match.
Who We Help
Whether you are searching for a Perth mortgage broker to help you purchase your first home, refinance an existing loan, upsize into your next property, or grow an investment portfolio, Luxe Finance Group is equipped to help. We work with a broad range of Perth borrowers including:
First home buyers accessing the First Home Owner Grant and First Home Guarantee Scheme
Owner-occupiers upsizing or relocating across Perth's suburbs
Investors building and expanding residential property portfolios
Refinancers looking to access equity or secure a sharper interest rate
Self-employed borrowers and business owners with complex income structures
Expats and non-residents purchasing Perth property from overseas
No matter your circumstances, our approach is the same: understand your goals, assess your financial position, and present loan options that move your property ambitions forward.
Perth Home Loans Tailored to Your Goals
As an experienced home loan broker in Perth, we guide you through every stage of the process from initial strategy session through to settlement. Our Perth mortgage broking team assists you in securing pre-approval for your home purchase or investment loan, reviewing your credit history, bank statements, and loan to value ratio (LVR) to present the strongest possible application to your chosen lender.
When buying a property in Perth, understanding your upfront costs is essential. Beyond your deposit, costs such as stamp duty, conveyancing fees, and lenders mortgage insurance (LMI) can significantly affect your overall budget. As your dedicated Perth mortgage broker, we walk you through these figures during your strategy session so there are no surprises at settlement. First home buyers in Perth may also be eligible for the First Home Owner Grant of $10,000 on eligible new builds, along with stamp duty concessions that can amount to substantial savings. We assess your eligibility for these schemes as part of your initial consultation at no cost to you.
Fixed Rate, Variable Rate, and Split Loan Options
One of the most consequential decisions Perth home loan borrowers face is choosing between a fixed rate loan and a variable rate option. Fixed rates offer predictable repayments ideal for budget stability, while variable rates can move in your favour when the Reserve Bank of Australia adjusts the cash rate downward. For borrowers who want elements of both, a split loan structure allows you to fix a portion of your loan while keeping the remainder variable, balancing certainty with flexibility. As your mortgage broker in Perth, we model repayment scenarios across all options so you can make a fully informed decision aligned to your goals and risk tolerance.
A Full Range of Perth Lending Solutions
In addition to owner-occupied home loans in Perth, Luxe Finance is well equipped to assist with investment property finance, refinancing to release equity, debt consolidation, construction loans for those building new in Perth's growing suburbs, and bridging loans for buyers purchasing before their existing property has sold. We also advise on the strategic use of offset accounts, which can reduce the interest calculated on your Perth home loan balance over time and accelerate your path to owning your property outright.
For self-employed Perth borrowers, our team has extensive experience structuring applications across low doc loan products and specialist lenders who assess income beyond standard payslip documentation. Similarly, if you are an expat or non-resident looking to purchase property in Perth, we have the lender relationships and policy knowledge to support your application from anywhere in the world.
Why Perth Borrowers Choose a Mortgage Broker Over a Bank
Going directly to your bank limits your options to a single lender's products and policies. A Perth mortgage broker like Luxe Finance Group compares loan options across 30 or more lenders simultaneously, including major banks, regional banks, credit unions, and specialist non-bank lenders. This means you benefit from broader product choice, more competitive pricing, and advice from a lending specialist whose sole focus is finding the loan that fits your situation, not meeting a single institution's sales targets.
Understanding Perth's Property Market
Perth's property market has experienced strong price growth in recent years, with CoreLogic data pointing to Perth as one of Australia's strongest performing capital city markets. Median house prices across Perth's metro area have risen significantly, with demand remaining strong across inner ring suburbs and outer growth corridors alike. Working with a local mortgage broker in Perth who understands suburb-level valuations, Western Australian stamp duty structures, and lender appetite for different property types gives you a material advantage when acting on opportunities quickly. Our Perth-based broking team is structured to move fast, managing your application from lodgement through to formal approval with minimal delays.
Serving Borrowers Across All of Perth
Perth homeowners and buyers choose Luxe Finance because we deliver results across every corner of the city. Whether you are purchasing in the City of South Perth, City of Melville, City of Fremantle, City of Nedlands, City of Stirling, City of Joondalup, City of Swan, Town of Victoria Park, or anywhere across Perth's broader metro area, our mortgage broking team is available for consultations in-person and virtually to deliver expert home loan advice wherever you are located.
Take the first step toward your property goals by booking a consultation with Luxe Finance Group, your Perth mortgage broker, today.
This comprehensive guide is designed to help residents of Perth and neighbouring communities understand the wide range of home loan products available to them. We have broken down the key loan types so that homebuyers, whether they're purchasing their first property or are experienced in property investment, can make informed decisions aligned with their financial needs and lifestyle. By providing clear details under each heading, our aim is to demystify the home loan landscape and offer valuable insights into each option.
Designed for those planning to buy a primary home in Perth, Owner Occupied Home Loans offer attractive terms and competitive interest rates. Lenders often consider these loans to be less risky compared to those for investment properties, which can result in more appealing deals for borrowers. With an owner occupied loan, you not only gain the pride of homeownership but also have the opportunity to build equity over time. This option is particularly suitable for individuals focused on long-term financial planning and the stability of owning a home in a vibrant city like Perth.
Interest Only Loans allow borrowers to pay solely the interest for a specified period, typically ranging from five to ten years. During this phase, the principal balance remains unchanged, resulting in lower monthly repayments and enhanced financial flexibility. This type of loan can be attractive if you foresee an increase in your income or plan to allocate funds to other investments during the interest only period. It is important to note that when this period concludes, repayments will increase significantly as you start repaying both the principal and interest over the remaining term of the loan.
Principal & Interest Home Loans are structured so that each repayment contributes towards both the interest and a portion of the principal. Over the life of the loan, this gradual reduction in the loan balance creates a clear pathway to eventual full repayment. For many homeowners, this method offers predictability in managing household budgets while steadily building equity in their property. This approach can be particularly useful for those with a long-term financial strategy, ensuring that your outstanding debt diminishes over time and opens opportunities for future borrowing or investment.
Variable Rate Loans offer flexibility because their interest rates can change in response to fluctuations in the central bank’s official cash rate or market conditions. In times of economic stability, you might benefit from lower interest rates and reduced repayments. However, it is important to be prepared for periods when increased rates lead to higher monthly obligations. Borrowers with a steady income and the ability to manage occasional adjustments may find variable rate loans a practical choice.
Fixed Rate Loans provide the certainty of locking in an interest rate for a set period – typically one to five years – ensuring that your repayment amount remains constant regardless of market changes. This consistency is particularly appealing if you value budgetary stability and predictability in your financial planning. However, it is essential to consider that if market rates decline during your fixed term, you will not be able to take advantage of those lower rates. Weighing the security of fixed repayments against the flexibility of other loan types is an important part of the decision-making process.
Bridging Loans serve as a short-term financial solution for those looking to purchase a new property before the sale of their existing home is finalised. These loans help address the liquidity gap that can occur during a transition between properties. Typically provided on an interest only basis, bridging loans may come with higher interest rates and additional fees due to the increased risk of handling two properties simultaneously. This option is especially useful for borrowers who are confident that the sale of their current property in Perth will occur promptly, enabling a smooth transition into a new home.
In summary, understanding the different types of home loans is essential for making choices that match your financial goals and lifestyle needs in Perth. Whether you prefer the consistency of fixed repayments or the potential savings offered by variable rates, proper planning and a clear grasp of your options will support you on your property journey. If you have any questions or require further guidance on selecting the right home loan for your new property in Perth, feel free to contact our expert team, who are ready to support you every step of the way.
Book an appointment with our Finance & Mortgage Brokers in Perth
Book Appointment1. Booking Your Strategy Session
Your loan journey begins with a scheduled appointment—either in person at our West Perth office, via video, or over the phone. During this stage, we confirm your goals and timelines, whether you're purchasing, refinancing, or investing, and outline what to expect in the process ahead. You’ll receive a welcome email containing a digital fact find and a tailored document checklist. To ensure an efficient consultation, we ask that you prepare supporting documents including identification, proof of income, and details of any liabilities.
Outcome: Create a relationship with a professional that sits on your side of every transaction.
2. Financial Review & Strategy Consultation
Before the consultation, we undertake a preliminary review of your financial position, including income, assets, liabilities, credit history, and your ongoing expenses. This allows us to tailor the discussion and present relevant options from the outset. In your consultation, we explore your financial and lifestyle goals, property strategy, and any applicable structures such as trusts or companies. We also assess your eligibility for relevant government incentives like the First Home Guarantee or stamp duty concessions. Based on your banking conduct and preferences, we assess your borrowing capacity across our panel of lenders and outline strategic loan structuring options that suit your objectives.
Outcome: A clear understanding of your financial position and an aligned loan strategy with relevant lenders shortlisted.
3. Lender Policy Analysis & Pricing Strategy
With your financial position and goals clarified, we conduct a targeted analysis of lending policies, ensuring shortlisted options align with your needs. We assess more than just interest rates—we consider policy fit, speed of assessment, and the lender's risk appetite. We also explore your eligibility for government schemes, request discretionary pricing where applicable, and assess structural elements such as fixed vs variable rates or offset accounts. This stage ensures we present a tailored shortlist of lending options with clearly outlined pros and cons.
Outcome: Transparent shortlist of suitable and competitive options, enabling informed lender selection.
4. Confirming Lender Selection
Once pricing, policy, and structure have been finalised, we present a clear recommendation for the most appropriate lender and product. This includes confirming the fixed and variable interest mix, identifying features such as redraw or offset facilities, and exploring any cashback offers or ongoing fee waivers. At this stage, we’ll also determine whether your application proceeds as a pre-approval (for property search) or formal approval (if a contract is already in place).
Outcome: Lender confirmed and loan documentation prepared.
5. Lodgement & Tracking
We manage your application from submission through to decision, ensuring accuracy and speed throughout. This includes compiling all required documentation and submitting the application via lender platforms. You’ll receive real-time updates via email, SMS, or phone, and we’ll proactively engage with credit assessors, escalate where necessary, and manage any information requests to avoid delays.
Outcome: Application lodged and professionally managed through to decision.
6. Pre-Approval or Formal Approval
At this stage, your application is assessed and conditionally or formally approved. If you’re still property hunting, a pre-approval provides a 90-day conditional lending limit, allowing you to negotiate confidently and act quickly when the right opportunity arises. If you’ve already secured a property, formal approval will be issued once all conditions—including a satisfactory valuation and compliance checks—are met. This approval unlocks the final steps toward property ownership.
Outcome: You’re formally equipped to secure your property or finalise your purchase with full lender support.
7. Settlement & Ongoing Support
We work closely with your solicitor or conveyancer and your lender to ensure settlement proceeds smoothly. This includes coordinating document signing, verifying disbursement instructions, and managing final loan conditions. Post-settlement, we assist you in setting up access to your loan account, offset arrangements, and repayment schedules to ensure everything is in order.
Outcome: Settlement complete—your new property or structure is now funded and fully operational.
8. Post-Settlement Check-In & Loan Strategy Review
Our commitment doesn’t end at settlement. Luxe Finance provides ongoing guidance, with check-ins at 6 and 12 months to review your loan’s performance and ensure it remains competitive. We offer annual repricing services, refinancing alerts when suitable, and structured discussions for future borrowing strategies. Whether you're planning renovations, expanding your portfolio, or simply monitoring market trends, we remain your trusted lending partner.
Outcome: You stay ahead of market movements with a strategy that evolves alongside your financial goals.
When it comes to securing a home loan in Perth, Jay Coakley delivers. As the driving force behind Luxe Finance Group, Jay has built a reputation as one of Perth's most trusted mortgage brokers, combining deep market knowledge with access to over 30 lenders to unlock lending solutions that move your property goals forward.
Jay understands that every client's ambitions are different. Whether you are buying your first home, scaling an investment portfolio, or refinancing to a sharper rate, he brings the expertise, connections, and strategic thinking to make it happen. His clients don't just get a loan, they get a clear pathway to achieving more.
Fully certified, MFAA accredited, and committed to the highest standards of professional advice, Jay is the mortgage broker Perth's most ambitious property buyers choose when outcomes matter. Available for consultations in-person and virtually across Perth and surrounding areas, Jay Coakley and Luxe Finance Group are ready to help you turn property ambitions into reality.
Book AppointmentDA
David Angliss
Jay and Linh gave the best advice and service from the initial discovery meeting through to settlement. Can highly recommend and will use them again for the next purchase!
RJ
Richard Johnston
Jay and his team were seamless to work with and clear from the beginning of the process, requirements and expected outcomes. They also worked within a very tight timeframe and kept us informed. Highly recommend!
DS
Daniel Shearer
Jay made the process of accessing equity in our home super easy and fast. Could not recommend Jay and the team enough. Look forward to working together in the future.
Yes, self-employed borrowers can obtain a home loans, though the application process requires additional documentation and careful preparation. Traditional lenders typically require two years of tax returns, financial statements, and accountant-prepared documentation to assess your income stability. Some lenders offer low-doc or alt-doc products that require less documentation but usually come with higher interest rates and lower loan-to-value ratios. At Luxe Finance Group, we work with numerous lenders who have varying appetites for self-employed borrowers, including specialist non-bank lenders who may consider your application based on bank statements or business activity statements. We help structure your application to present your income in the most favourable light and identify lenders most likely to approve your circumstances, potentially saving you time and multiple credit enquiries.
Beyond your deposit, several additional costs apply when purchasing property in Western Australia. Stamp duty is calculated on a sliding scale based on property value - for a $500,000 property, expect approximately $17,765 (though first-home buyers may receive concessions). Legal or conveyancing fees typically range from $1,200-$2,500 depending on complexity. Building and pest inspections cost around $400-$800 combined. Loan application fees vary by lender from $0-$600. If paying less than 20% deposit, lenders mortgage insurance can range from $2,000-$20,000 depending on loan amount and deposit size. Other costs include mortgage registration fees ($185), title search fees ($40), and moving expenses. You should budget approximately 3-5% of the purchase price for these additional costs. Luxe Finance Group provides detailed cost estimates during the pre-approval process to help you budget accurately.
At Luxe Finance Group, our mortgage broking services are typically provided at no direct cost to you as the borrower. We receive our remuneration through commissions paid by the lenders when your loan settles successfully. This upfront commission is usually between 0.55% and 0.70% of your loan amount, followed by a smaller ongoing commission throughout the life of your loan. This payment structure means we can provide our expertise and guidance without you paying broker fees upfront. However, there may be instances where we offer fee-for-service arrangements for complex scenarios or when working with certain lender types. We'll always discuss our fee structure transparently before commencing work on your application.
The mortgage approval timeframe can vary significantly depending on several factors including lender choice, loan complexity, and documentation completeness. Generally, pre-approval can be obtained within 3-7 business days for straightforward applications with major lenders. Full approval and settlement typically takes 4-6 weeks from application submission, though this can extend to 8-10 weeks during busy periods or for more complex scenarios. Self-employed borrowers, investment loans, or construction loans may require additional time for assessment. At Luxe Finance Group, we work to expedite this process by ensuring all documentation is complete and accurate before submission, maintaining regular contact with lenders, and providing updates throughout the process. We also help manage settlement timelines to align with your property purchase contracts.
Luxe Finance Group provides comprehensive mortgage broking and finance services throughout Perth and Western Australia. Our services include home loan assistance for first-time buyers, investment property financing, commercial lending solutions, and refinancing options for existing mortgages. We work with over 30 lenders across Australia to source suitable loan products tailored to your specific circumstances. Our team also assists with pre-approvals, construction loans, self-managed super fund lending, and asset finance for vehicles and equipment. We pride ourselves on delivering personalised service and maintaining ongoing relationships with our clients throughout their property and investment journey.
Documentation requirements vary based on your employment type and loan complexity. PAYG employees typically need recent payslips (usually last 4), tax returns or notice of assessments for 1-2 years, bank statements for 3-6 months, and employment confirmation. Self-employed applicants require tax returns for 2 years, profit and loss statements, balance sheets, and business bank statements. All applicants need identification (driver's licence and passport/birth certificate), proof of deposit savings, details of existing debts and assets, and council rates notices for any properties owned. If receiving rental income, provide lease agreements and rental statements. For purchases, you'll need the contract of sale and any building reports. Luxe Finance Group provides a comprehensive checklist tailored to your specific situation and lender requirements. We review all documentation before submission to ensure accuracy and completeness, reducing the likelihood of delays or additional requests from lenders.
Refinancing involves replacing your existing home loan with a new loan, either with your current lender or a different institution. This process can help you secure lower interest rates, access additional features, consolidate debts, or release equity for other purposes. You should consider refinancing when interest rates drop significantly below your current rate, when your circumstances change, or when your current loan lacks features you now require. The refinancing process involves application, valuation, approval, and settlement, typically taking 4-6 weeks. Consider the costs involved, including discharge fees from your current lender (usually $150-$400), application fees for the new loan, and potential valuation costs. At Luxe Finance Group, we regularly review our clients' loans and market conditions to identify refinancing opportunities. We calculate whether the potential savings justify the switching costs and handle the entire refinancing process on your behalf.
The deposit requirement varies depending on your circumstances and the loan product you choose. Traditional lending requires a 20% deposit to avoid lenders mortgage insurance (LMI), so for a $500,000 property, you'd need $100,000 plus additional costs for stamp duty, legal fees, and inspections. However, many lenders accept lower deposits of 5-10% with LMI, which is an insurance premium protecting the lender. First-time buyers may access the First Home Guarantee Scheme, allowing purchases with just 5% deposit without LMI for eligible properties. Some lenders offer family guarantee products where relatives use their property equity to reduce or eliminate deposit requirements. At Luxe Finance Group, we assess your situation to identify the most suitable deposit strategy and explore all available options to help you enter the property market sooner.
The decision between fixed and variable interest rates depends on your personal circumstances, risk tolerance, and market outlook. Variable rates offer flexibility to make extra repayments and access features like offset accounts, and they may decrease if the Reserve Bank of Australia cuts the cash rate. However, they can also increase, affecting your repayment amounts. Fixed rates provide certainty and budget stability for the fixed period, typically 1-5 years, protecting you from rate rises during that time. Some borrowers choose a split loan, fixing a portion while keeping some variable. Given the current economic environment and recent interest rate movements, it's important to consider your financial buffer and long-term plans. Luxe Finance Group can analyse your situation and discuss the pros and cons of each option based on your specific circumstances and goals.
Perth's property market has shown strong growth over recent years, with median house prices experiencing significant increases across most suburbs. For first-time buyers, this presents both challenges and opportunities. While prices have risen, Perth remains more affordable compared to Sydney and Melbourne markets, with many suburbs still offering entry-level properties under $500,000. The Western Australian government's First Home Owner Grant provides $10,000 for eligible new builds, and the federal government's First Home Guarantee Scheme allows eligible buyers to purchase with as little as 5% deposit without paying lenders mortgage insurance. At Luxe Finance Group, we help first-time buyers understand these schemes and identify suitable loan products that align with their budget and circumstances.
Luxe Finance Group ABN: 52660091690, Luxe Finance Group Pty Ltd ABN: 52660091690. Credit Representative #541795 is authorised under Australian Credit License #389328.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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