Home Loan - MMortgage: Australia's Best Home Loan Brokers

First Time Home Buyer Mortgages.

A first-time buyer’s mortgage, like other more traditional mortgage programs, can be obtained with as low as 5% down payment. You have options with the Federal government’s first-time home buyer incentives to make home ownership more accessible, as well as alternatives such as using your SMSFs for the down payment and other tax benefits. We supply you with more than just attractive interest rates since we understand that first-time buyers frequently require sound counsel. We provide the competitive lenders options to help you on your way to becoming a homeowner.

Australia’s Home Equity

A home equity loan may be the financial solution you require if you need to free up some financial resources. With a home equity loan from MMG, you can achieve short-term goals. One of the various financial options open to homeowners is a home equity loan. It’s a form of loan in which homeowners utilise their home’s equity as collateral. There are two types of loans: closed end and open end. Both are frequently referred to as a second mortgage. They have a shorter term than traditional mortgages, making them an excellent option among a variety of options.When you take out a home equity loan, you are putting a lien on your property, which reduces the equity in your home and allows you to use the money for other things. The amount of loan you are eligible for is determined by the lender based on the valuation of your house. It only takes a few minutes to apply and find out how much money you can borrow.

Line of Credit

LOC loans give you access to up to 80% of the equity in your house to help you achieve your goals. This isn’t all, though. If you receive a home equity loan from us, you’ll have access to an emergency fund in case you have an unexpected need. It is a more cost-effective choice than taking out an unsecured line of credit, and you won’t have to apply for one again. Finally, you are only responsible for repaying the amount of equity you have taken out of your house. It’s a terrific financial alternative for homeowners in a variety of situations since it gives you the freedom to manage your most pressing financial requirements.

Bridging loan

A bridging loan is exactly what it sounds like: a loan that bridges the gap between two points in time. It’s a short-term loan that can be utilised to cover a variety of home-buying and selling expenses, pay off a debt, and get immediate cash flow. For landlords, property developers, real estate speculators, and homeowners in the process of selling, it is a popular financing alternative. Bridge loans, in essence, supply you with the funds you require but are unable to obtain through more typical borrowing channels (you are waiting for your house to sell or money to get freed up). It’s secured by your current home, and the money can be utilised to put down on a new home. Because bridge loan interest rates vary, it’s critical to engage with a broker, such as us, to ensure you get the best rates and conditions possible.

Mortgages for People with Bad Credit

Mortgages for people with bad credit are based on a number of variables. Your ability to acquire a mortgage with bad credit will be determined by the loan value, property, and your individual scenario. Our approach, however, is what sets us apart and makes us a market leader. When you apply for a bad credit mortgage with our mortgage experts, your application is approved based on the value of your house, not your current credit score. Not only do we want to assist you, but we also want to make a positive difference in your life.