Home Loans
At Rizon Finance, we're Mortgage & Finance Brokers helping clients Australia-wide get into their home sooner with a range of Home Loan options
Rated 5 from 5 Reviews
At Rizon Finance, we're Mortgage & Finance Brokers helping clients Australia-wide get into their home sooner with a range of Home Loan options
Rated 5 from 5 Reviews
Taking the first step towards buying a home is thrilling, yet it can seem daunting. Whether you're a first-time buyer or eyeing your next property move, securing a home loan is a substantial part of this journey. Rizon Finance, a Bannockburn based Mortgage & Finance Broker, is your quintessential partner in navigating the intricate world of home loans. With access to an array of home loan options from banks and lenders across Australia, we stand equipped to tailor a solution that perfectly aligns with your unique financial situation.
Choosing Rizon Finance to assist with your home loan unlocks a plethora of advantages. Firstly, with our comprehensive insight into the property market and a network of financial institutions, we effortlessly match you with loan options that offer competitive interest rates. Whether you're inclined towards a fixed interest rate home loan that provides stability in repayments, or a variable home loan rate that offers flexibility; we’re here to secure the best deal for you. Furthermore, if you're vying for interest rate discounts, our negotiative prowess can significantly enhance your chances.
Our expertise also extends to navigating the nuances of lenders mortgage insurance (LMI), loan to value ratio (LVR), and digging into the various facets of your credit history. Understanding these components is crucial, not just for securing a loan, but ensuring it's structured in a way that's manageable for you over its term. This approach means considering potential stamp duty costs, calculating your borrowing capacity accurately, and ensuring that your loan amount is suited to both your dreams and your financial reality.
Applying for a home loan with Rizon Finance is designed to be as streamlined and stress-free as possible. We pride ourselves on simplifying the application process, which can often feel overwhelming. From the initial gathering of necessary documents like bank statements to calculating home loan repayments, our team provides unwavering support at every turn. Our objective is to demystify the complexities of the property market, lending criteria, and the myriad of home loan options available.
Moreover, our nuanced understanding of the varying dynamics of fixed versus variable interest rates ensures that clients are well-prepared to make informed decisions. We take the time to break down how each option impacts your repayments, helping to fine-tune your strategy in line with market conditions and personal aspirations.
In conclusion, when you choose Rizon Finance for your home loan needs, you're not just getting a loan; you're getting a bespoke service designed around you. Our team's profound knowledge, coupled with our dedication to your financial well-being, positions us as the ideal guide in your home buying journey. Let us help you unlock the door to your new home, with confidence and clarity every step of the way.
In 60 seconds, understand how much you can borrow to buy your dream home.
Get your Borrowing Capacity
Initial Consult
Have a chat with one of our qualified Mortgage Brokers who will understand your situation and talk you through the next steps.
Fact Find
We'll work with you to understand a bit more about your situation (including your financials, assets etc.) to make sure you will qualify for a loan.
Pre Approval
Once you're approved, you can start bidding or making offers on properties you want to purchase.
Settlement
You settle on the property, your loan draws-down and you're good to go!
Book Appointmentaj
anthony jones
daniel was amazing to deal with nothing was to much trouble when it came to helping us highly recomended
AJ
ANTHONY JONES
daniel help with our loan nothing was to much trouble highly recommended
AT
Alana Trait
Finances have always been a struggle of mine but Daniel made the whole process easy and we were able to work out the best option for my financial situation :)
The Australian Government offers a number of schemes to assist first home buyers, such as:
• A $10,000 First Home Owner Grant when building a new home valued under $750k
• Stamp duty exemptions for properties valued less than $600k
• Concessional stamp duty rates on properties valued at $600-750k
• Access to shared equity and 5% deposits through the Victorian Homebuyers Fund (VHF)
• Federal schemes, including the Home Guarantee Scheme, Help to Buy, and First Home Super Saver Scheme (FHSSS)
Rizon Finance specialise in this area as we understand it can be a challenge as not all lenders would consider these circumstances. We have access to niche lenders that accommodate this type of lending.
There are a variety of home loan products available, each with its own features and benefits. Some common types include:
• Fixed-rate loans: Offer certainty in your repayments over a fixed term.
• Variable-rate loans: Interest rates can fluctuate with market conditions.
• Interest-only loans: You only repay the interest on the loan for a set period, then begin repaying the principal amount.
We can explain the different loan options and help you choose the one that best suits your needs.
We certainly can. We help you navigate what assistance may be available to you as we understand getting your foot on the ladder as a first home buyer can be a difficult and daunting process.
We understand there are many reasons why people may experience forms of financial difficulty/credit problems and work with each scenario to understand them. Rizon Finance can speak to each lender to fight your case to secure lending.
The comparison rate is a more accurate reflection of the true cost of a loan than the advertised interest rate. It includes the interest rate as well as most fees and charges associated with the loan. Comparing the comparison rates of different loans will help you find the most cost-effective option.
Rizon Finance can understand your business and source great deals for Self-employed applicants.
There are many benefits to using Rizon Finance. Here are a few:
• Access to a wider range of lenders: Rizon Finance work with a large and reputable panel of lenders, so we can find you a loan that best suits your needs and financial situation, even if you don't qualify for a loan from your own bank.
• Personalised service: Rizon Finance take the time to understand your individual circumstances and goals, and then recommend the best loan options for you.
• Expertise in navigating the loan application process: Rizon Finance assist with all the paperwork and liaise with lenders on your behalf, saving you time and stress.
• Compliance: Rizon Finance operate in a highly regulated environment and provide recommendations. Therefore, we have a duty to all our clients to provide appropriate products in the best interests of our clients
The amount you can borrow will depend on a number of factors, including your income, expenses, savings, credit score, and the property value. We can help you determine your borrowing capacity and ensure you borrow responsibly.
The documents you will need to provide will vary depending on your individual circumstances and lender, but some common documents include:
• Proof of income (payslips, tax returns)
• Photo ID
• Bank statements
• Evidence of savings deposit
• Details of the property you are purchasing (contract of sale)
• Details of assets
• Statements for liabilities
Rizon Finance will provide you with a complete list of required documents once we begin working with you.
The loan application process typically takes 4-6 weeks, but this can vary depending on the complexity of your application and the lender's processing times. We will keep you updated throughout the process.
Don't despair! We can help you understand why your application was declined and work with you to improve your chances of approval in the future. This may involve improving your credit score, saving a larger deposit, or finding a guarantor.
Rizon Finance do not charge you any fees. We get paid a commission by the lenders. All commissions are disclosed and discussed upfront before you proceed with an application.
In addition to your mortgage repayments, there can be a number of ongoing costs associated with a home loan, such as establishment fees, account fees, and lenders mortgage insurance (if applicable). Rizon Finance will help you understand these costs and factor them into your budget.
Tomlinson, Daniel ABN: 90 232 048 159. Credit Representative #561000 is authorised under Australian Credit License #384324.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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