Finance Advice

Virtue and Partners provide professional finance advice to help you find the right lender and loan for your situation. Whether you are re-financing, purchasing your home or an investment property, we can assist you.

As mortgage brokers, our role is to choose a loan product across many lenders that is right for you and your circumstances. We give sound advice, compare home loans and lender options and deal with all the running around and paperwork.

Types of Loans

Select the type of loan that you want to learn more about:

• Home Loans

  A home loan is usually the largest and often long term financial transaction that most individuals will make during their lifetime.

  We find home loans for your specific situation and can also provide 'Property Sales History' to assist you with determining how much you should be paying for a property and/or negotiating with the real estate agent.

  We save you time by doing all the hard work for you. Our service is free and we are fully trained and accredited.

  Home loans come in different types and with different interest rate options.

  With the constant changes in lending criteria and interest rates we will work out which provider is best for you based on your needs. We compare rates, fees and charges to ensure you get the best home loan deal for your financial situation.

  Select a different type of loan

• First Home Buyer Loans

  From 1 October 2012, the $7,000 First Home Owner Grant was replaced by the $15,000 First Home Owner Grant (new homes) Scheme.

  First home owners who purchase or build a new home will be eligible for the $15,000 grant. The grant will reduce to $10,000 on 1 January 2014 for eligible transactions which have a commencement date (contract date) on or after 1 January 2014.

  To be eligible you need to meet the following criteria:

  • Each applicant is a natural person and not a company or trust.
  • At least one applicant is a permanent resident or Australian citizen.
  • Each applicant must be at least 18 years of age.
  • Applicants have not owned a residential property, jointly, separately or with some other person or for a continuous period of at least six months in any State or Territory of Australia before 1 July 2000.
  • The total value of the property does not exceed the cap amount of $650,000.

  Select a different type of loan

• Investment Loans

  Property is a popular investment and can be held in your own name, jointly, in a company trust or even a self-managed super fund. At Virtue and Partners we can assist you not just with your mortgage options but also provide you with sound financial advice that will give you peace of mind on building your wealth to meet your financial goals.

  We will consider:

  • How much you can borrow
  • Using your existing equity
  • Tax savings
  • Positive vs negative gearing

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• Pre-approval Loans

  By obtaining a loan pre-approval, it allows you to shop for a property to the value of the home you can afford.

  Depending on the lender it normally takes 24 to 72 hours to assess your application for pre-approval. Pre-approvals can be valid from three months to one year.

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• Business/Commerical Loans

  Obtaining a business loan or commercial finance can be difficult without the help of an experienced mortgage broker. We specialise in helping businesses obtain business finance to meet their growing needs.

  Whether you are buying a commercial property, a new business, expanding your existing business, buying equipment or refinancing we can work with you to find the best commercial and business finance solutions for you.

  Select a different type of loan

• Asset Finance & Leasing

  We help all kinds of businesses from small to large leverage their financial capacity.

  Purchasing assets such as equipment and vehicles is a significant financial undertaking. To help you preserve your working capital, we offer a range of equipment and car finance solutions with payment plans that can be customised to your cash flow.

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• Refinancing/Restructuring

  Whether your circumstances have changed, or you are simply looking for a better loan with more flexibility or looking to consolidate, you should consider refinancing or restructuring.

  Changing loan providers or restructuring could save you lots of money in the long run, but you must consider the up-front fees, stamp duty, government charges and costs. Virtue and Partners have helped many clients change their debt structures to be more tax advantageous. Call us if you would like to know more.

  Considerations to refinance / restructure;

  • Better interest rates
  • Improved features and flexibility
  • Debt consolidation
  • Renovations/ building a new home or development
  • Change of circumstances/income
  • Access equity
  • Meeting repayments

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• Reverse Mortgage

  A reverse mortgage, also known as Equity Release Loans, allows you to borrow money using the equity in your home as security. The loan may be taken as a lump sum, an income stream, a line of credit or a combination of these options. Interest is charged like any other loan, but you usually don't need to make repayments while you live in your home. The loan must be repaid in full if you sell your home or die or, in most cases, if you move into aged care. Learn more

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Calculators

How much can I borrow?
Find out how much you can borrow based on your income and expenses.

Home loan repayment calculator
This calculator allows you to assess your fortnightly or monthly loan repayments

Stamp Duty Calculator
Check the stamp duty payable in your state on the purchase of a property.