We are an independent mortgage broker agency

When it comes to approvals for a property purchase, there are three levels to keep in mind:

Pre-Approval

It might be easy to get, but it’s not binding, so it may not be worth the paper it’s printed on.

Conditional Approval (This usually takes 2-3 days, depending on the lender)

This is where a real live person takes a look at your loan application and confirms that you can repay the loan. But, it’s only conditional on the property you’re looking to purchase. This usually takes 2-3 days, depending on the lender

Full Approval (This usually adds an additional 3-5 days on top of the Conditional Approval)

This is where both you and the property have been given the green light by the lender. They’ve done their due diligence and now it’s up to you.

It is important to inquire about potential brokerage fees when seeking a loan. In most cases, our firm does not charge fees as we are compensated by the financial institutions for introducing new loan applications and performing tasks that would typically be handled by their employees.

To receive expert guidance regarding your specific loan situation, please contact us by phone at 02 7251 1868 or complete our complimentary evaluation form, and we will assist you in obtaining approval.

It is essential to consider all options when seeking a loan. By working with multiple lenders, we can provide you with the most cost-effective and suitable loan package to meet your needs.

Options:

Your bank may not inform you of more favorable rates or products offered by other financial institutions.

No cost services:

Our services come at no charge to the majority of our clients.

Quality of service:

Statistically customers have a higher level of satisfaction when working with mortgage brokers as opposed to bank managers.

Simplicity:

Our team will take the stress out of the loan application process by handling communication with the lender on your behalf.

Professionalism:

Our mortgage brokers have a higher level of training and expertise compared to bank lenders. Our team is trained to handle mortgages and will work with all parties, such as accountants, real estate agents, buyers agents and solicitors, to ensure a smooth process for you.

Specialized lending:

We can work with lenders who have more flexible lending policies than your bank, increasing the likelihood of loan approval.

Regular evaluations:

Banks can adjust rates after your loan has been approved, we will ensure your loan remains competitive through annual reviews.

Many applicants approach their bank directly and miss out on more favorable rates or loan options. Avoid this mistake and consult a mortgage broker who can offer you a wider range of options.

As a mortgage broker, it is important to understand that our compensation is derived from the financial institutions with which we work. Specifically, we receive payment for introducing new loan applications and for performing tasks that would otherwise be handled by bank staff.

Even though we act as a lending manager on behalf of various lenders, our primary allegiance is to the borrower. This outsourcing approach is highly efficient and mutually beneficial for both the borrower, who has greater loan options, and the lender, who does not incur expenses unless an application is submitted.

Our compensation consists of both an upfront incentive and an ongoing incentive. The upfront incentive ranges from 0.33% to 0.85% of the loan amount, while the ongoing incentive ranges from 0% to 0.285% of the loan balance per annum. It is common industry practice for lenders to offer upfront commissions of 0.65% and ongoing trails of 0.15%, not including GST.

It is important to note that this compensation is not paid by the borrower, but rather by the lender. If you would like a copy of our lender’s incentive schedules, please do not hesitate to contact one of our mortgage brokers.

As expert mortgage brokers, we are proud to assist individuals from all corners of Australia in securing their desired loans. From the bustling capital cities to the remote rural regions, our proficiency and experience have enabled us to successfully approve loans for customers in every state and territory. Additionally, our services extend to those residing overseas who seek to invest in the Australian market.

Given that the majority of lending institutions maintain their credit departments in Sydney, our firm has made the strategic decision to establish a main office staffed with highly trained personnel. This enables us to cultivate strong relationships with the key decision-makers within these institutions, thereby increasing the likelihood of loan approval for our clients.

If your goal is to secure a home loan, we strongly advise you to entrust the task to a reputable and experienced mortgage broker, rather than relying on local providers who may not possess the necessary expertise.

Our team is well-equipped to handle even the most complex and challenging situations. This is owing to our in-depth familiarity with industry policies and our knowledge of lending institutions that possess a more flexible approach to loan approval.

Should you find yourself in a predicament where traditional banks have denied your home loan application, rest assured that our team is adept at identifying alternative lending options to suit your unique needs.

Furthermore, in cases where creditworthiness may be a concern, we will work closely with you to address any issues and secure the necessary financing to fulfill your goal of homeownership.

Our commitment to our clients is unwavering, and we remain dedicated to finding solutions to even the most difficult of circumstances. For personalized assistance, please do not hesitate to contact us at 02 7251 1868 or complete our complimentary assessment form.

As an independent and Australian-owned establishment, our organization operates without the influence of shareholders, allowing us to prioritize the satisfaction of our clients whilst maintaining a position of complete independence.

Our business model is founded on the principle of integrity and fairness, and this philosophy is reflected in our steadfast commitment to providing unparalleled service and expert counsel with the utmost impartiality and transparency. Working with KOI Financial Solutions, you can be rest assured that we are dedicated to providing the highest caliber of service and expert advice for your benefit.

When considering various home loan options from banks or lenders, it is imperative to take into account all associated fees and charges. Careful examination of this information, which will be provided by our brokers, can prove to be financially advantageous. It is important to note that a mortgage may entail a variety of fees, including but not limited to: monthly fees, package fees, rate lock fees, application fees, as well as valuation and settlement fees. As a prudent borrower, it is essential to possess a thorough understanding of each of these fees and the associated costs. It is advisable to consult with a mortgage expert who can provide valuable insight and guidance in this regard.