Services
Owner Occupier
It is imperative that your principal place of residence is in the best financial product.
You residential property/owner occupier/principal place of residence has no regular tax benefits so holding an expensive or incorrect financial product is wasteful and can unnecessarily cost you thousands in extra fees and interest per year.
This can also have a knock on affect on your retirement so we recommend that you engage a professional to review your home loan and that you look at home loan refinancing at least every 24-36 months to make sure that you are in line with what is available in the market.
First Home Buyer
We have years of experience assisting first home buyers through the property purchase process. We will check with all 45 banks and lenders and recommend the best products and lenders to suit your unique situation.
You will always have regular updates from our team, and we will liaise with your advisors (accountants/solicitors/real estate agents/conveyancers) to make sure that everything is moving in the forward.
We can also assist you with your first home owner grant or home guarantee scheme applications and check your eligibility criteria.
House and land packages or an off the plan apartment is a popular option for first home buyers. House and land packages require a construction home loan which we can organise on your behalf. We can help you check if your chosen property is an eligible property as well.
We can also guide first home buyers through the stamp duty exemption process and show you how to avoid lenders mortgage insurance (LMI).
The home owner grant, lenders mortgage insurance and stamp duty exemption will collectively save you tens of thousands of dollars as a first home buyer so this process needs to be managed correctly and by professionals.
You can trust Soren Financial with this process as we process multiple first home buyers applications every week.
Investment Purchase
We review all of our investor client’s existing home loans to make sure that they are on par with available products and rates.
Your existing loan should be reviewed every 18 months to see if it still meets/suits your needs.
There is more to investor home loans than variable and fixed interest rates and whether to pay interest only or principal and interest.
Your loan to value ratio will play a big part in the type of product you should be in as well as your short to long term financial goals.
Commercial Loans
We understand business owners and the issues you face, we understand that interest rates are only part of the solution. we also have the right lenders on panel who can assist you to find a solution that suits your requirements.
Self Employed/Business Owners
Traditionally business owners have to jump through more hoops to get their finance deal across the line and although many lenders offer products to you, we want to make sure you have the correct documentation and can get your approval first go this is one of the services that we specialise in. You will be provided with a fact sheet to complete and we will align your expectations with the right lender and the product that suits you and your situation.
Developer Finance
At a time when lenders are adverse to risk, your development needs to be a solid project and a great track record. Get in touch so we can discuss your project and the different products to suit.
Short Term Business Finance
Short term business loans can provide your business with a much needed cash flow boost especially during these challenging times. One of the main advantages are that short term business loans are traditionally from non-bank lenders and hence they are often far easier to secure and more importantly the turn around time is much faster.
Asset Finance
Asset finance enables you to access business assets such as equipment, machinery and vehicles without having to invest/lock up your own business capital. It can also allow you to release cash from the value in assets you already own or use your existing assets as security against a business loan from an asset finance lender.
We have access to a wide range of products that will suit your business needs.
Construction Loans
A construction loan is a type of home loan designed for people who are building a home or doing major renovations, to an established property. This home loan is structured differently to your typical home loans designed for people buying an existing property.
A construction loan most commonly has a progressive drawdown. That is, you receive instalments of the loan amount at various stages of construction, rather than receiving it all at once at the start. You generally only pay interest on the amount that is drawn down, as opposed to on the whole loan amount. This loan also allows interest only during the construction phase to assist with cash flow.
Self Managed Super Fund Loans
These specialised loans offer a unique avenue for astute property investors to leverage their superannuation funds towards strategic property acquisitions.
When it comes to SMSF loans, careful navigation and expert advice is paramount and you need a strategy that goes above and beyond getter a better interest rate or fixed rate loan from your existing lender.
Our specialist brokers can assist you with the best way forward and which lender and product will suit your specific requirements so that you can get to your goal of clearing your loan balance as fast as possible.
