By our count, there are about 34 opportunities for our customers to get lost, confused, delayed or frustrated managing their own construction loan, and that’s if they’re only negotiating with 1 bank or lender.
With your Clarendon Home construction loan specialists who are backed by Loan Market, you delegate the responsibility to 1 committed professional who makes it their mission to negotiate 100s of attractive rates and products with over 30 well-known lenders to secure finance that fits your plans and your timeframe.
And they do this for Clarendon Home customers every single day.
Distinct benefits of working with a Clarendon Homes Finance Managers
*This offer is only applicable to loans secured and finalised (i.e. unconditional loan approval) by our Finance Manager. $500 Eftpos Visa Gift Card will be issued with your handover pack upon completion of your new home and cannot be redeemed or exchanged for cash or any discount.
We have the power to negotiate a competitive deal with over 30 banks and lenders you know and trust, giving you confidence we will find the right loan for you
Find the right interest rate, structure and flexibility for your situation
We do the legwork and paperwork for you in 6 easy steps so you don't have to
We cut out the middleman and become your main point of contact throughout your new home journey
Find out how much you could borrow, and how much repayments would be for your loan size.
It's important to shop around - bank and lenders all use different criteria to calculate how much they will lend you. Your borrowing capacity between two banks could be thousands of dollars - the difference between building your dream home or settling for your second favourite.
Our Finance Managers know what each lender is looking for and will use the strengths of your application to maximise your borrowing capacity.
Complete the form below and let our team of Finance Managers help you with anything finance related, every step of the way. You have nothing to loose! Our construction loan expertise and service comes at no cost to you.
Rakesh has a passion for helping people, and moved into the field of mortgage broking 10 years ago to do just that. His personal motto is ‘Get the job done’ and Rakesh will use his skillset, knowhow and experience to make that happen. For many years, Rakesh specialised in residential construction loans and he also has broad experience with commercial, equipment, and business finance. Rakesh, who is a member of the FBAA, completed a degree in Business Administration & Finance at the University of Sydney. He also completed a Diploma in Business Management and Certificate 4 in both Mortgage Broking and Insurance Broking.
You’re in safe hands with James. He is a true expert in the world of mortgage broking and wealth management, bringing to the table over 20 years’ financial services expertise in these areas. As a construction finance specialist, James puts his knowledge to great use ensuring he provides customers with loan solutions for their current and future needs. As well as being a member of the FBAA, James has extensive training and education, including a Diploma of Finance & Mortgage Broking Management from the National Finance Institute.
A strong relationship person who has exceptional loyalty, Michael takes great pleasure in helping customers reach their financial goals and achieving their dreams when they didn't think it possible. Having worked in finance for 27 years, Michael knows a thing or two about all types of finance and has helped many customers become financially successful. A family man with three children, when he’s not chasing a better finance deal for customers, he is chasing his kids, cruising on his motorbike or sampling wines on his Mudgee property.
Typically lenders ask for 20% of the total house price before they’ll consider giving you a loan but there are a number of ways around this. Some lenders will accept a smaller deposit but it’s likely that you’ll need to pay Lenders Mortgage Insurance (LMI). There might also be grants that you can take advantage of. Get in touch to chat about your options.
Of course! Borrowing capacity refers to how much you can borrow from a lender. As your borrowing capacity can differ widely from Lender to lender, get in touch today and we can help you understand your maximum borrowing power from the 30 plus lenders we have access to.
With more than 30 home lenders on our panel, you and I are spoiled for choice. We narrow the search down by first understanding your needs and objectives. We will show you the features of each loan and explain the benefits, allowing you to make an informed choice which lender and loan you would like to apply for.
You do not pay a fee for our services. Instead, we’re paid a commission by the lender you choose for doing the work on their behalf and looking after your home loan needs ongoing. Learn more here and get in touch if you have any questions.
There are several fees that often aren’t discussed in length when buying a property. These include stamp duty, application fees, pest and building inspections and more. Get in touch with a broker today for an up-front conversation about all the hidden fees. Find a summary here.
There are many grants that are available for those wanting a home loan and the options differ from state to state. To find out what grants you are eligible for, get in touch with our Home Finance Managers to help you understand what grants you could be eligible for.
Some of the costs you’d expect to pay include discharge, application and settlement fees and we work with you ensure that the savings outweigh the costs when refinancing from one lender to another. To find out how much you can save by refinancing your loan, give us a call.
LMI is required if you need to borrow more than 80% of the value of the property you are purchasing. You pay a premium which can be funded in the home loan and it protects your lender if you can’t pay your loan and the home needs to sold.