FAQs
Find comprehensive answers to frequently asked questions and common concerns.
Common questions and answers
In addition to offering competitive rates, we pride ourselves on being available to help with whatever questions you have throughout the life of your loan. Whether you’re a first-time buyer or an experienced investor, we’re committed to supporting you whenever you need us.
What does a broker do?
A broker is a finance professional who will work with you one-on-one to discuss your borrowing goals and help you determine how much money you can qualify for. They typically provide a more personalised level of service than you would receive from a lender and also have access to loans from multiple lenders, so they can find the right loan terms for your unique situation.
Do you charge fees for home or investment loans?
There are no extra loan repayments or fees when you take out a loan through a broker. A broker is simply paid commission by the lender for introducing new business, but this doesn’t affect your interest rate or other aspects of the loan agreement.
Is it more expensive to use a broker?
Using a broker is free for you because the lender pays your broker. With access to hundreds of loan products from various lenders, brokers will find the ideal loan for you and your circumstances. In most instances, this is a combination of the lowest available rate at the time and product features that are most convenient for you.
Some brokers charge service fees, which must be disclosed before they provide their services.
How much can I borrow?
The amount you can borrow depends on a variety of factors, including your income, expenses, and financial goals. For a personalised assessment and expert advice tailored to your unique circumstances, reach out to us. We’re here to guide you through your options and help you take the next step with confidence.
Should I go for a fixed or variable rate?
Just as the name suggests, variable-rate home loans have interest rates that change over time. They are often more flexible than other types of loans, with features like redraw facility and extra payment options. However, they do not have fixed repayment amounts.
On the other hand, fixed-rate home loans come with predictable monthly repayments – you will know exactly how much you need to pay each month for the entire fixed rate period. These kinds of loans might not be as flexible in terms of features but offer borrowers peace of mind when budgeting repayments.
In choosing which type of loan is right for you, it’s good to weigh up what’s most important to you – whether that’s flexibility or certainty around your monthly repayments.
Which lenders do you work with?
Because we are connected to a mortgage aggregator, we have the privilege of being able to source loan options from over 40 different lenders. This means that we can help you find multiple suitable options for you and your specific situation.
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Why choose us
At Border Finance Solutions, we’re more than just brokers, we’re partners in your financial journey. With deep expertise in agribusiness, commercial and personal lending, we pride ourselves on delivering tailored solutions designed to meet your unique needs. Our personalised approach ensures you feel supported and informed every step of the way. Whether it’s securing your dream home, growing your business, or investing in agriculture, we’re here to make your goals a reality with clarity, dedication & expertise.