Whether it's your First Home, Next Home or Dream Home, we're on your side

At Traj Finance, we understand that buying a home is one of the most significant financial decisions you'll ever make. Whether you're a business owner, a professional services employee, or a high net worth individual, securing the right Home Loan can be challenging. Our mission is to simplify this process by helping you access Home Loan options from banks and lenders across Australia. We provide expert guidance on everything from interest rates to lenders mortgage insurance (LMI), ensuring you find the loan that best suits your financial situation and goals.

When it comes to Home Loan options, understanding the various types available is crucial. You may choose between a fixed interest rate home loan, which offers stability in repayments over time, or variable home loan rates, which can fluctuate based on the market. Each option has its benefits; a fixed interest rate provides certainty, while a variable rate might allow you to take advantage of potential interest rate discounts. At Traj Finance, we'll help you weigh these options against your borrowing capacity and financial circumstances to find the most suitable solution.

Another essential aspect of applying for a home loan is understanding the loan to value ratio (LVR). This ratio compares your loan amount to the value of the property you wish to purchase. A lower LVR could mean better interest rates and reduced LMI costs. Our team will assist you in calculating your LVR and guide you through the Home Loan application to ensure you are well-positioned in the property market. We also offer insights into how your credit history can impact your application and potential borrowing capacity. By reviewing your bank statements and other financial documents, we identify areas where you might improve your application outcome.

Furthermore, it's important to consider additional costs like stamp duty when buying a home. These fees can significantly affect your budget and overall financial plan. Understanding these expenses early in the process will help you manage your finances more effectively. At Traj Finance, we offer a streamlined application process that takes into account all these elements, providing clarity and confidence as you apply for a home loan.

Getting pre-approved is a strategic step when entering the property market. A Home Loan pre-approval not only guides you on how much you can realistically afford but also strengthens your negotiating position with sellers. It demonstrates your seriousness and financial readiness to purchase a property. We assist our clients in achieving pre-approval quickly and efficiently, providing an edge in a competitive market.

Additionally, considering features like an offset account or using home equity can enhance your financial strategy. An offset account can help reduce the interest paid on your loan by offsetting your savings against your loan balance. Meanwhile, leveraging home equity might allow for future investments or improvements. Our experts at Traj Finance will provide personalised advice on these features, ensuring they align with your long-term financial objectives.

In summary, Traj Finance is dedicated to helping you access Home Loan options that meet your specific needs. We guide you through every step of the Home Loan application process, from understanding variable and fixed interest rates to managing additional costs like stamp duty. By getting pre-approved and considering features like an offset account, you can optimise your financial strategy when buying a home. Contact us today to learn more about how we can simplify your journey towards home ownership and provide tailored solutions that align with your financial goals.

The Home Loan Application Process

1. Initial Meeting
   Begin by having a chat with one of our qualified Finance & Mortgage Brokers, either face-to-face or via a Teams video call. We will explore your goals and overall strategy, taking time to understand your situation. We also discuss Home Loan types, options, and special policies you may be eligible for.

2. Documentation
   Next, we go over all necessary documents. Reviewing your financials, assets, credit history, and bank statements allows us to provide accurate insights into your borrowing capacity. This ensures we have everything we need for a strong submission that aligns with your financial objectives.

3. Strategy Meeting
   In this session, we delve into credit policies and refine your financials to maximise servicing potential. We break down the loan amount, interest rates (both variable and fixed), potential rate discounts, and the importance of the loan-to-value ratio (LVR). Our goal is to offer personalised solutions that match your objectives while ensuring a clear understanding of all requirements.

4. Home Loan Submission
   Once you receive your Home Loan pre-approval, you can confidently begin bidding or making offers on properties. We then submit your complete application and supporting documents to your chosen lender, aiming for the best possible outcome based on your financial goals.

5. Approval and Signing
   After approval, we organise document signing and provide guidance, ensuring clarity. We guide you through each step to finalise your Home Loan effectively.

6. Settlement
   Upon property settlement, your Home Loan is drawn down, and you can move forward. We coordinate with all relevant parties to make sure the process is efficient and seamless. You’ll also receive guidance on loan repayments and managing your interest rate.

7. Post Settlement
   Following settlement, we stay in touch to ensure everything continues to run smoothly. We remain available to answer any questions about your new loan and assist with any changes you might need. Furthermore, we review your loan every six months to maintain competitive pricing, demonstrating our commitment to your financial well-being.