Frequently asked questions (faq)
There are so many (bank and non-bank) lenders and home loan products on the market, it would be very limiting just walk into your bank’s branch and ask for a home loan. Obviously, your bank is going to recommend its own loan products. It is wiser looking at the entire market to find the home loan products which most suits you. Obviously, it would be overwhelming for anyone to look at the entire market, too hard and time consuming without an expert guide. That’s why it is a smart idea asking help to an experience mortgage broker like a ‘My Sydney Broker’ specialist.
Some of the main reasons why using us:
- Industry experience, bringing knowledge of all the ins and outs as a broker regularly applies for loans.
- Access to huge number of home loan products, dealing with several banks and non-bank lenders.
- Familiarity with issues, problems and unusual situations which might impact your application (e.g. credit history, property type, etc.), so a broker might suggest the lenders who are more likely to approve your loan.
- Handling the hard job for you, making the process easier aiming to remove any stress from the process.
- Free service.
There is no charge for service offered by My Sydney Broker.
How much you can borrow (borrowing power) vary according to your personal and financial position as well as the specific bank or non-bank lender you are going to use. In other words, you can borrow more money with some lenders rather than other ones.
Information regarding how much deposit you need is available at the on our website page:
Information regarding borrowing with bed credit history is available on our website page:
information regarding borrowing in maternity leave is available on our website page:
information regarding the deposit requirements is available on our website page:
information regarding getting a home loan living and working overseas is available on our website page: https://www.mysydneybroker.com.au/australian-expats/
information regarding getting a home loan with a 457 Visa is available on our website page:
information regarding getting a home loan if you are on a Visa is available on our website page:
information regarding getting a joint home loan with your partner if he / she is on a Visa (not an Australian Permanent Resident) is available on our website page: