Mortgage Broker in Scarborough
At Luxe Finance Group, we're expert Mortgage Brokers in Scarborough helping clients get into their property sooner with a range of loan options
Rated 5 from 37 Reviews
At Luxe Finance Group, we're expert Mortgage Brokers in Scarborough helping clients get into their property sooner with a range of loan options
Rated 5 from 37 Reviews
Embarking on the journey to select the ideal loan from a myriad of options can seem daunting, akin to navigating a maze. Whether your ambition is to purchase a new home in Scarborough, grow your investment portfolio, or consider refinancing, Luxe Finance Group is here to support you as your devoted mortgage broker in Scarborough. Our bespoke services are crafted to seamlessly bridge your financial dreams with reality, presenting a wide selection of loan choices tailored just for you.
As experienced mortgage brokers in the Scarborough area, we bring an extensive array of expertise and knowledge to the table, ensuring you receive the best advice and loan opportunities. Our ability to unravel the complexities of the financial world allows us to provide customised solutions, whether it’s a flexible home loan or an investment loan suited to your long-term aspirations.
What sets Luxe Finance Group apart is our in-depth understanding of the Scarborough market, along with our genuine dedication to recognising your individual needs and ambitions. Our tailored approach guarantees that you’ll discover a loan option within our broad spectrum that perfectly aligns with your lifestyle. We take great pride in delivering outstanding service and utilising our comprehensive market insight to act as your trusted partner in your financial journey. Choosing Luxe Finance Group marks the beginning of realizing your financial dreams today.
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Navigating the myriad of loan options available to residents of Scarborough and its neighboring areas can be a daunting task. Our comprehensive guide is designed to shed light on these loan options, helping you make informed decisions.
Owner-Occupied Loans: Tailored for individuals intending to make Scarborough their home, these loans offer appealing interest rates and terms. The risk to lenders is minimized, as borrowers are living in the properties, leading to more beneficial conditions.
Interest-Only Loans: This type of loan requires borrowers to pay only the interest for a predetermined period, typically between five and ten years, before starting to pay off the principal. It's vital to understand that while this arrangement can reduce initial outlays, the financial obligation increases once principal payments begin.
Principal & Interest Loans: Designed for immediate reduction of both interest and principal, these loans ensure a gradual decrease in the total loan amount, guaranteeing its complete repayment by the end of the term.
Variable Rate Loans: Here, interest rates change according to market dynamics, impacting your repayments and the total cost of the loan over its duration.
Fixed vs Variable Rate Loans: Making a choice between these loans involves locking in an interest rate for a certain period, often one to five years, offering predictability in repayments. However, it's crucial to note that after this period, the loan may switch to a variable rate, subject to market conditions.
Bridging Loans: Ideal for those transitioning between properties and awaiting the sale of their current home, bridging loans provide a temporary financial solution. While they typically feature higher interest rates and shorter terms than standard loans, they serve as a financial "bridge," with proceeds from the sale used to repay the loan.
Understanding the unique characteristics and advantages of each loan type is essential. These options are designed to cater to various personal preferences and financial situations, ensuring you find the most suitable solution for your needs.
Jay Coakley is the leading mortgage broker and financial expert in Scarborough, deeply embedded in the local community. Utilising his extensive financial knowledge, he is committed to achieving your property dreams. Leading Luxe Finance Group, Jay specialises in recognising opportunities in the local property market, with a keen focus on your lending requirements.
Jay Coakley at Luxe Finance Group is available for virtual or face-to-face meetings in Scarborough and the surrounding suburbs.
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Jozef Grech
Jay was friendly, efficient and knowledgable. He went the extra mile to ensure my loan was approved in a timely manner. Would 100% recommend!
AS
Ancela Suparno
Jay helped me to find finance options to my construction loan. His professional knowledge is very impressive. I highly recommend him to anyone in need of a mortgage broker with best service.
SB
Shawn Baker
Jay is incredibly knowledgeable, always available to answer my questions, and explains everything in detail. ...
Luxe Finance Group is 100% privately owned, ensuring a personalised and independent approach to your financial needs. We are a credit representative of Connective Credit Services Pty Ltd ABN 51 143 651 496, allowing us the flexibility to focus solely on delivering exceptional service to our clients.
Of course! We believe that we can find the best interest rate for you to refinance your home loan or investment loan.
Of course, we work closely with the more than 30 different banks and lenders. A number of these lenders have specialised expat investment and purchase policies. Reach out to enable us to understand your situation we will be able to structure it to the most suited lender.
We take look at a wide range of loan options available from Banks, Credit Unions & other lenders across the country. This means we can search thousands of loan products and make sure we're always recommending the best home loan, investment loan and other types of loans for our clients.
Yes, Luxe Finance Group we have helped many first home buyers purchase their first home with a bespoke home loan. We provide personalised guidance and tailored solutions making sure you able to properly apply for the relevant state and federal government first home buyer schemes.
Absolutely, Luxe Finance Group is your go-to for both home loans and investment loans. Our expert mortgage brokers are committed to securing the most advantageous loan options for your unique situation.
We can help with Home and Investment Loans, Construction Loans, Car Loans, Personal Loans and much more. If you're looking to borrow to buy something, we can probably help.
Absolutely, all Luxe Finance Group mortgage brokers are fully licensed and accredited professionals. Your financial well-being is our top priority, and our team adheres to the highest industry standards.
Mortgage Brokers are there to help you find the right loan options whether it be from the major banks, smaller lenders or other sources. We have a broad range of loan products (more than any single lender can offer) which means we can do all the legwork to find the right loan for you.
Transparency is key at Luxe Finance Group. Our commitment is to provide clear and honest financial guidance throughout the lending process. It’s worth nothing that because the commission is paid by the bank our fees come out of the proceeds that the bank receives from you. These fees/commissions are paid on settlement by the banks and clearly outlined in our initial credit guide.
Certainly, Luxe Finance Group understands the needs of self-employed individuals. We have tailored self employed loan options to assist self-employed borrowers in navigating the complexities of the mortgage process (we actually prefer these).
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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