Home Loans
Get into your first home, next home or dream home sooner with a range of Home Loan options. Get help from an experienced Finance & Mortgage Broker at Embark Financial today!
Rated 5 from 10 Reviews
Get into your first home, next home or dream home sooner with a range of Home Loan options. Get help from an experienced Finance & Mortgage Broker at Embark Financial today!
Rated 5 from 10 Reviews
Embark Financial is here to make buying a home in Mount Waverley and across Victoria an achievable dream. We understand that the property market can be quite overwhelming, but with the right guidance, it can be a rewarding journey. Our expertise in Home Loans allows you to access Home Loan options from banks and lenders across Australia, ensuring you find the best fit for your needs. Whether you are applying for a home loan for the first time or looking to refinance, our team is dedicated to helping you every step of the way.
Applying for a home loan involves understanding various factors, including your financial situation, credit history, and borrowing capacity. At Embark Financial, we assist you in evaluating these aspects to determine the suitable loan amount and terms. We offer a streamlined application process that allows you to get pre-approved swiftly, enhancing your confidence in purchasing power. With options ranging from fixed interest rate home loans to variable home loan rates, we ensure that you understand the implications of each. Our insights into interest rate trends help you decide whether a fixed interest rate or a variable interest rate suits your strategy best.
An important consideration when buying a home is the loan to value ratio (LVR), which impacts your borrowing capacity and may affect your need for lenders mortgage insurance (LMI). We work with you to optimise your LVR, potentially saving on LMI costs. Additionally, our expertise in interest rate discounts can lead to lower Home Loan Rates, making your repayments more manageable. Calculating home loan repayments requires attention to detail, and we provide clarity on how various factors like stamp duty and an offset account can influence your financial commitments.
Understanding Home Loan options is crucial in tailoring a loan to your specific needs. With access to a wide range of Home Loan options from banks and lenders across Australia, we offer diverse solutions. Whether you wish to leverage your home equity or benefit from an offset account, we provide guidance tailored to your aspirations. Our team ensures that your Home Loan application is comprehensive, including necessary documents such as bank statements. This thorough preparation not only facilitates a smoother application process but also enhances your chances of approval.
With Embark Financial's expertise, applying for a home loan becomes a process marked by informed decisions and personalised service. As you venture into the property market, our goal is to equip you with the knowledge and resources needed for successful home ownership. Our commitment goes beyond merely securing a loan; it extends to crafting a financial pathway that aligns with your life goals.
Discover how Embark Financial can assist you in accessing the best Home Loan options across Australia. We invite you to contact us for a consultation and take the first step towards realising your property dreams in Mount Waverley or anywhere in Victoria. Let us help you find a Home Loan solution that fits your needs and sets you on a path to future success.
Step 1: Initial Consultation
Your property journey starts with a comprehensive discussion with your Finance & Mortgage Broker at Embark Financial. Whether you're acquiring your first home, expanding your investment portfolio, or considering refinancing options, your broker will invest time in understanding your property objectives, financial circumstances, and any unique requirements. During this consultation, you'll explore your borrowing potential and examine loan products from numerous banks and lending institutions throughout Australia. Your broker will also guide you through interest rates, loan-to-value ratios, and potential lenders mortgage insurance considerations.
Step 2: Financial Assessment
The following phase involves your broker performing a comprehensive analysis of your financial standing. This encompasses examining your income streams, banking records, assets, debts, credit profile, and savings accumulation. Your broker will then determine your borrowing capacity, providing clarity on the amount you can responsibly borrow and estimating your monthly payment obligations. Your broker will also evaluate your eligibility for interest rate reductions or government assistance programs, such as first-home buyer incentives.
Step 3: Loan Recommendation
Drawing from your financial profile, your broker will investigate and present curated loan alternatives from multiple lending sources. These financing solutions will be customized to align with your requirements and objectives, whether you're seeking fixed-rate financing, variable rate products, or adaptable loans featuring offset account capabilities. Your broker will also clarify the loan-to-value ratio and assist you in evaluating the advantages and disadvantages of each financing option, ensuring you make a well-informed choice.
Step 4: Conditional Approval
Securing conditional approval for financing provides you with budget certainty and enhances your negotiating strength when making property offers. Your broker will guide you through this procedure, ensuring all essential documentation, including tax documentation, salary statements, and banking records, are submitted to the lending institution. Conditional approval also provides confidence to respond promptly in the regional property market and prevents the risk of losing your preferred property.
Step 5: Formal Application
After you've chosen the appropriate loan product, your broker will oversee the application procedure on your behalf. They will lodge your application with the lender and verify that all required documentation is supplied. This may encompass additional paperwork including verification of assets, liabilities, and other pertinent financial details. Your broker will manage correspondence with the lender, responding to any inquiries and ensuring an efficient, coordinated application experience.
Step 6: Loan Confirmation & Settlement
Following loan approval, your broker will support you in examining the final loan documentation, ensuring all conditions, including interest rates, charges, and repayment arrangements, are clearly understood. They will also assist in establishing your payment structure and help coordinate any required insurance coverage, such as mortgage protection. Upon settlement completion, your property ownership becomes official, and you'll gain access to your new property.
Step 7: Continued Partnership
After your loan settles, your Finance & Mortgage Broker at Embark Financial continues to provide ongoing assistance. This may encompass guidance on managing your loan payments, investigating refinancing opportunities, or helping you access your property equity for additional real estate investments. Your broker's commitment extends beyond settlement—they'll support you throughout your entire property ownership experience.
JR
Jessica Romano
Ash from Embark Financial was fantastic to work with. He took the time to understand our situation, clearly explain all our refinancing options and break down what would be best for us. He genuinely had our best interests at heart. His communication was prompt, friendly and professional throughout the entire process and we really appreciated his honesty, expertise and integrity. Highly recommend Ash to anyone looking to refinance or get expert lending advice!
SG
Sachin Grover
Ash has been great in helping me work through my refinancing options. He explains things in a really clear, simple way and makes the whole process easy to understand. If you’re looking at your home loan, he’s definitely someone worth chatting to.
VC
Valentina Covaleda
As a first home buyer, I didn't know what documents I needed, what grants I could access or how the loan process even worked. Ash explained everything clearly, helped me understand my options, and turned something I thought would be confusing into a clear and manageable process. Highly recommend Embark Financial for first home buyers.
Embark Financial is a Finance and Mortgage Broker based in Mount Waverley, Victoria and helping customers across Australia. Our comprehensive services include home loan arrangements, investment property financing, commercial lending solutions, and refinancing options. We work with multiple lenders to secure suitable finance solutions tailored to your specific circumstances. Our experienced brokers provide personalised advice on loan structures, interest rate options, and repayment strategies. Whether you're a first-home buyer, property investor, or business owner seeking commercial finance, we guide you through the entire process from initial consultation through to settlement.
At Embark Financial, we use a comprehensive assessment process to match you with the most appropriate lender for your specific situation. This involves analysing your income, employment history, credit history, existing debts, and future financial goals. We then consider each lender's assessment criteria, interest rates, loan features, and approval requirements. Some lenders specialise in certain client types, such as self-employed borrowers or those with complex income structures, while others excel in particular loan types like construction or investment loans. Our extensive knowledge of lender policies and preferences, built through years of experience, enables us to identify which institutions are most likely to approve your application and offer terms that align with your requirements.
Absolutely, refinancing is a significant part of our service offering at Embark Financial. We regularly assist Victorian clients in reviewing their existing loan arrangements and identifying opportunities to improve their borrowing position. This might involve securing lower interest rates, accessing better loan features, consolidating debts, or releasing equity for renovations or investments. Our refinancing service includes a comprehensive review of your current loan against available market options, considering factors such as interest rates, fees, and loan features. We handle the entire refinancing process, including discharge of your existing loan and settlement of the new facility. Many clients find refinancing can save thousands of dollars annually in interest payments.
Yes, Embark Financial has extensive experience helping first-home buyers in Melbourne and across Victoria access available government assistance programs. We stay current with federal and state government initiatives, including the First Home Owner Grant, stamp duty concessions, and shared equity schemes. Our brokers can advise whether you're eligible for these programs and help structure your loan application to maximise available benefits. We also work with lenders who participate in the First Home Loan Deposit Scheme, which may allow you to purchase with a smaller deposit. Understanding these programs and their eligibility criteria is crucial for first-home buyers, and we ensure you're fully informed about all options available to support your property purchase.
Working with Embark Financial provides you access to multiple lenders and loan products through a single point of contact, rather than having to approach each bank individually. Our brokers maintain relationships with major banks, credit unions, and specialist lenders, giving you broader choice and potentially more suitable loan options. We handle the application process, documentation, and communication with lenders on your behalf, saving you considerable time and effort. Our expertise in loan assessment criteria means we can identify which lenders are most likely to approve your application based on your financial situation. Additionally, our service helps you understand complex loan terms and conditions, ensuring you make informed decisions about your borrowing.
The documentation required varies based on your employment type and financial circumstances. Typically, you'll need to provide recent payslips, tax returns, bank statements, and identification documents such as a driver's licence or passport. If you're self-employed, additional documentation including business financial statements, BAS statements, and accountant-prepared financials may be required. For the property purchase, we'll need the contract of sale, and the lender will arrange a valuation. Our team at Embark Financial provides you with a comprehensive checklist tailored to your specific situation and the chosen lender's requirements. We review all documents before submission to ensure completeness and accuracy, which helps prevent delays in the approval process.
Embark Financial specialises in securing finance for self-employed individuals and business owners who often face unique challenges in the lending market. We arrange home loans, investment property loans, commercial loans, and business finance for sole traders, partnerships, companies, and trusts. Many mainstream lenders have strict serviceability criteria for self-employed borrowers, but we work with specialist lenders who understand fluctuating business income, seasonal variations, and the complexities of business structures. Our experienced brokers know how to present self-employed applications effectively, whether you're a tradesperson, consultant, retailer, or professional service provider. We help structure loans appropriately for tax purposes and work with accountants to ensure optimal outcomes for both lending approval and ongoing business operations.Retry
EMBARK FINANCIAL PTY LTD ABN: 54 691 412 790. Credit Representative #573483 is authorised under Australian Credit License #384704.
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.
Site by Broker Studio
