Home Ownership Dreams

your Home Loan Solutions for Every Milestone

Whether you’re stepping into your first home, finding your forever home, or making smart financial adjustments to your current home loan, Mortgage World Australia is here to guide you. With access to over 40 of Australia’s leading lenders, we ensure you’re matched with the perfect financing solution to meet your unique needs.

aPPLY ONLINE CALL: 1300 66 12 11
Home Ownership Dreams

your Home Loan Solutions for Every Milestone

Whether you’re stepping into your first home, finding your forever home, or making smart financial adjustments to your current home loan, Mortgage World Australia is here to guide you. With access to over 40 of Australia’s leading lenders, we ensure you’re matched with the perfect financing solution to meet your unique needs.

aPPLY ONLINE CALL: 1300 66 12 11
Comprehensive Solutions Tailored to Your Needs

Find Your Perfect Home Loan

Navigating the world of home loans can be complex, but we’re here to simplify it for you. From first-time buyers to seasoned investors, our range of loan services ensures you find the right fit for your journey. Explore our offerings and discover how we can help you lay the foundation for your future.

Types of home loans

Our mortgage brokers can assist you with home loans for the following situations:

Property purchases

Whether upgrading or buying for the first time, access competitive loans for both new and established properties.

Home loan refinancing

Reduce your monthly payments or tap into home equity with our refinancing options tailored to save you money

First home buyers

Special support and guidance for first-time buyers, making the dream of home ownership a reality with as little as 5% deposit

Guarantor home loan/No deposit loan

Unlock the market with little or no deposit by leveraging the equity of a family member’s property as security.

Self employed home loan

Business-owner-friendly loans that understand your unique financial situation, with low-doc options available.

Construction loan

Financing for when you’re ready to build, offering flexible drawdowns and interest-only payments during construction.

Property purchase

Home loan to purchase a new or established property :

▪ Use savings or equity in an existing property as a deposit
▪ Selling your existing property to upgrade

Home loan refinancing

You may be paying a higher interest rate than you need too. Put money back into your pocket instead of into the banks :

▪ We can review your current home loan to determine whether you can save money by refinancing.
▪ Did you know that cutting the rate by 0.50% on a $500,000 25 year home loan would save you $41,994 in repayments over the loan term

First home buyers

Home loans suited to first home buyers

▪ Loans that requires as little as 5% deposit plus purchase costs
▪ Lenders that allow the deposit to be the proceeds of a gift from family

Guarantor home loan

A guarantor home loan makes it possible to purchase a home with little or no deposit :

▪ Requires an immediate family member who owns real estate in Australia to act as a guarantor
▪ Potentially saves you tens of thousands of dollars in mortgage insurance

Self employed home loans

It can be difficult to obtain a home loan when you are self employed but there are solutions:

▪ Low doc home loans that don’t require tax returns to prove income but instead accept alternative forms of income evidence
▪ Standard home loans that require just the most recent years tax return instead of the last 2 years tax returns

Construction home loans

We have access to a number of home loan solutions to assist you with purchasing land and constructing your dream home :

▪ Construction loans of up to 95% plus mortgage insurance or 100% plus costs if using a guarantor
▪ Interest only repayments only required during construction to make it more affordable while you are also paying rent or another mortgage

FAQs

Not sure? Have additional questions? Try here 

The minimum deposit required in order to qualify for a home loan is 5% of the purchase price plus additional funds for purchase costs such as stamp duty, government registration fees, government transfer fees, conveyancing fees etc. If you have a relative that owns a property and his happy to act as your guarantor it may be possible to qualify for a home without a deposit.

It is possible to borrow 100% of the purchase price of a property but only if you have a relative who owns a property and is happy to act as your guarantor. You may even be able to borrow 100% plus purchase costs. There is even a lender that may lend up to another $50,000 for renovations.

Without a guarantor the maximum that can be borrowed is 95% of the purchase price plus the entire mortgage insurance premium. This often totals 99% of the purchase price.

You can still qualify for a home loan even if you have defaults on your credit report. If you have just one small default with a telephone or utilities provider it may be possible to still borrow up to 95% of the purchase price. The higher the number of defaults and the amount of the defaults the more deposit that will be required by lenders.

Yes, we have lenders that will consider lending up to 95% of the purchase price without genuine savings. Each lender has different policies regarding genuine savings. If you have a 20% deposit then almost all lenders won’t require evidence of genuine savings. If you have less than a 20% deposit that is the proceeds of a gift there are still a number of lenders that may be able to assist.

To obtain a standard home loan the minimum requirement is the most recent personal and company tax return, company financial statements and ATO Assessment Notice. Most lenders require these documents for the last 2 years but we have some lenders that will accept just the most recent year.

If these documents are unavailable the alternative option is a low doc or alt doc loan where documents such as Business Activity Statements, 6 months business bank statements and/or a signed accountants declaration may be accepted.

Why not give us a call, or send us an email and get a direct response from one of our finance experts. We’d be happy to give you a hand and help point you in the right direction.

TALK TO A BROKER TODAY

Helping you find the right loan product for your needs.
aPPLY ONLINE CALL: 1300 66 12 11