Home Comprehensive Loan Services Sydney
Looking for comprehensive loan services in Sydney? eFinance Home Loans is your trusted mortgage broker for all loan types, whether you’re purchasing your first home, investing in property, expanding your business, or building from the ground up. We specialise in home loans (variable, fixed, and split rates), investment property loans, first home buyer loans, SMSF loans, construction loans, business loans, commercial property finance, low-doc loans, and refinancing solutions. With access to over 30 lenders, we compare hundreds of loan products to find the right solution for your unique situation. Our Sydney-based team takes the complexity out of borrowing, handling the paperwork and negotiations so you can focus on what matters most.
Planning your next property or business venture starts with understanding the numbers. Our comprehensive range of financial calculators takes the guesswork out of your borrowing decisions, helping you estimate repayments, compare loan options, and assess your borrowing capacity across all our lending solutions. Whether you’re calculating home loan repayments, evaluating commercial finance options, or planning a development project, these user-friendly tools provide instant insights to guide your financial planning. Simply enter your details to see clear, accurate projections tailored to your circumstances.
Standard variable. Standard variable rate loans are the most popular mortgage product in Australia, with almost half of all borrowers opting for this type of mortgage.
Standard variable rate loans carry flexible features such as offset facilities, redraw, extra repayments and the ability to split the loan.
A fixed rate home loan means your loan repayments will be charged at the same interest rate for however long the fixed rate period is.
While historically variable rate loans have been more popular in Australia, fixed-rate loans have become increasingly popular with the fall in official cash rate . Fixed rates can vary from 1, 2, 3, 4, 5, and longer depending as to which lender you are dealing with.
Self-managed super fund (SMSF) loans are home loans offered for Australians who wish to invest their superannuation in property.
A SMSF loan can offer certain tax benefits so are attractive to some investors of borrowers. However, the rules and regulations surrounding SMSF borrowing are complex. Potential borrowers are strongly encouraged to seek qualified financial, tax and legal advice before taking out a loan.
Your Super is a big part of your future financial stability, always invest wisely and think of the long term! If you have done your research and decided an SMSF loan is for you.
This, as the name suggests, is a type of loan you might come across if you’re starting from scratch with your home.
When building a new home, you will not need the entire amount of the loan drawn down all at once. If you did this, you would be making interest repayments on the entire amount right from the start and not just on the amount needed at the time. Construction of a dwelling is generally divided into five stages.
Package home loans, or ‘professional package home loans’ bundle together various products with your lender, including credit cards, personal loans and savings and transaction accounts.
You’ll usually benefit from decreased fees and interest rates on your home loan and other linked products, and in exchange your lender will require you to pay an annual fee which ranges from $150 – $400, or even more in some cases.
Years ago, this type of package was offered only to professionals like doctors, accountants and lawyers. But now, non-professionals can also apply and get approved. A package home loan can be a great option if you intend on borrowing more than $250,000.
There’s a big difference between a standard and basic product – and the right loan for you will depend on your individual goals and requirements. A basic variable loan generally carries cheaper rates, because they lack the above-mentioned extra features such as an offset or redraw facility.
“A basic or ‘no frills’ loan is around 0.7% lower than a standard variable loan, and is ideal for first homebuyers and owner-occupiers, or investors. These facilities also have higher fees if you wish to redraw funds or discharge early and generally come with no EXTRA’s as such . It is a simple loan with simple features without any bells and whistles.
Unlike a home loan to buy a residential property, commercial loans aren’t governed by the National Consumer Credit Protection Act 2001 (NCCP Act).
That’s actually a good thing for you in that lenders can be more flexible with lending policy.
The trick is trying to figure out what the bank wants to see in an application and trying to get a fair deal.
Another of our common specialist products is the low document or ‘low doc’ loan. These have been available in Australia for a number of years.
Initially, they were only offered by non-bank lenders but as traditional banks began losing market share in this area they included them in their range of lending products. They fell out of favour somewhat during the GFC, but are returning to the market as confidence grows.
The reverse mortgage loan was introduced to the market to cater for retirees wanting to take advantage of the equity they have in their home and use it to supplement their retirement income.
Basically, retirees can use this type of loan to borrow money against the equity they have in their property, and have it paid to them in either a lump sum or in instalments, depending on the lending institution involved.
In many cases, vendors (sellers) putting their homes on the market will be selling with the intention to purchase another property, or buyers may be waiting for completion of the sale of an existing property prior to buying a new one.
Non-conforming loans, are mortgages that do not conform to a lender’s typical loan underwriting criteria. This may include situations where the applicant has a poor credit history, or who may not have been employed long enough to show a history of earning an income.
Nonconforming loans may exceed 80% of the security’s value and the interest rate is based on the severity of the credit history.
Because the asset is vital to these loans, the location of the security is also imperative. Hence insurers and lenders alike may not lend in high-risk areas such as inner-city high-rises or large rural allotments.
You may not know this, but all lenders are legally required to display a comparison rate when advertising any loan. But what is it, and – more importantly – how can it help you get a better deal on your home loan?
A comparison rate is a figure that is derived from the amount of the loan, the length of the loan, the repayment frequency, the interest rate, and the fees and charges connected with the loan.
Since 2006, eFinance Home Loans has been helping Sydney residents and business owners secure the finance they need. Our experienced mortgage brokers understand that every borrower’s situation is different—whether you’re self-employed, have complex income structures, need urgent pre-approval, or are juggling multiple property investments. We’ve seen every scenario and know exactly which lenders will say yes when others say no. As a full-service mortgage broker offering all loan types under one roof, we save you time, stress, and often thousands of dollars. Ready to discuss your loan options? Contact us today for a free consultation— click a button below to get started.
We help you on your journey to property ownership as smooth and successful as possible.
Connect with us today and take the first step towards your new property!