Mortgage brokers connect with more lenders to provide lower home loan interest rates, more products and options and a smoother experience for Sydney home buyers. Connect with local home loan specialists to get the inside track on property, a comprehensive range of borrowing solutions, and a faster process. After all, a seaside lifestyle just a 30-minute ferry ride from Sydney’s CBD is a desirable one for many.
Why do home buyers use Savvy mortgage brokers?
There’s nothing complicated about why it’s always better to talk with a mortgage broker before you commit to a home loan. They offer far more options than when you rely on one lender or scour the internet for mortgages yourself.
Our brokers are set up to help local home buyers find the best deals on owner-occupier home loans and can access a range of specialist features and options.
Having access to hundreds of home loans also helps homebuyers access more competitive interest rates. Homes are one of the most significant purchases most Australians make in their lifetimes, so it makes perfect sense to shop around as much as possible – which is what our mortgage brokers do for homebuyers.
What’s my ideal mortgage and can a Savvy broker help me find it?
Every homebuyer out there can benefit from speaking to a Savvy broker because we all have unique needs, priorities and plans. Finding your particular ideal mortgage is just a case of making time for a quick chat with a home loan specialist and they’ll do the rest.
Manly is a high-demand market, so having a broker on your side can make the difference in beating the competition to your ideal property – but it can also save you tens of thousands of dollars over the course of a mortgage term. Brokers are trained to utilise multiple lender partnerships to narrow down choices and customise a final product that fits a range of different home buyers.
Median house prices in the area are high, given its proximity to the city. Buyers are looking at well over $3 million for a house and half that for an apartment in the area. Anything you can do to save something on your rate is going to make a huge difference – and that’s where brokers come into their own. Professional package home loans, for instance, help owner-occupiers reduce mortgage costs by offering occupation-based interest rate discounts. You can also tie offset accounts to your mortgage and use your savings and income to shorten your borrowing time, and therefore costs, considerably.
It's also never short of willing tenants, so it’s almost impossible to take a wrong step with a local investment. You’ll be rewarded with average weekly rents of around $1,300 for smaller houses and $700+ for apartments. Second home buyers and investors can compare hundreds of purpose-designed property investment home loans, find cheaper rates, and take advantage of interest-only repayment options. They can also utilise line of credit facilities that allow access to the equity tied up in existing portfolios, representing a cost-effective way to expand your holdings or fund repairs and renovations on housing stock.
If you own a business in Manly, one of the best ways to get the right mortgage without jumping through too many hoops is by identifying relevant lenders by sitting down with a mortgage broker. They’ll target only lenders with appropriate documentation requirements and find specialist self-employed home loan options or low-doc mortgage solutions where necessary. Choose from fixed or variable-rate repayments or mix it up with a split interest rate.
How do I find a reputable, qualified mortgage broker?
Savvy only partners with MFAA or FBAA approved mortgage brokers who hold an Australian Credit Licence. Not only that, but we screen all our broker partners according to their record for helping home buyers and their customer service score. When you source a mortgage broker through Savvy, you’ll find only home loan professionals that reflect our values.
Your home loan options
Making your first big step towards buying a home? It's crucial to be across your mortgage options as a first homebuyer.
Opting for a variable interest rate on your home loan means it'll fluctuate as the market moves throughout your repayment term.
On the other hand, fixing your rate locks it in for a pre-defined period. This can bring with it greater certainty around your budget.
It's important not to set and forget when it comes to your home loan. If you find a more competitive offer, it may be worth refinancing.
If you're looking to build a new house, construction loans are specifically designed to cater to the different needs associated with doing so.
A guarantor essentially acts as a safety net for your lender, as they sign onto your loan to agree to pay it off should you become unable to do so.
Purchasing a property as an investment brings with it different specifications from a lender. It's crucial to know what your options are.
Businesses big or small may wish to purchase a property for commercial purposes, which are also different from a standard loan.
Your home loan may give you an interest-only option, which allows you to exclusively pay interest on your loan for a set period.
Just because your finances may be slightly more complicated as a self-employed individual doesn't mean you can't take out a home loan.
Some lenders may allow you to apply for a home loan with alternative documents, such as tax returns, BAS and ABN registration.