FAQs

At Time Finance we are dedicated to making sure we can answer all your questions, so that you can feel comfortable with your loan. If you don't find what you are looking for, please read related articles or contact us.

:

Depends on the size of your deposit, the value of the property, and your servicing capacity (based on your income and how much you are able to repay).

:

Most mortgage lenders will require a deposit of 20% or more of the property price. Less may be required however will require mortgage guarantee insurance in most cases

:

Depends on the type of loan, intrerestr rate, payment term, and whether you pay monthly or fortnighly. Use us mortgage calculators to guide you.

:

Every state is different and may depend on the value, whether you are building or buying an established home. Read more in our FHOG article

:

It is a rate that includes both the interest rate and the fees and charges relating to a loan, combined into a single percentage figure that lets you compare loans from differengt lenders on a fair comparison.

:

This 'in principle approval' is usually valid for 3 months. Gives you the confidence on how much you can borrow before your purchase a property.

:

The cost of Stamp Duty varies between States and Territories. Subject to your personal loan circumstances, the cost of stamp duty can be included in the loan amount you borrow.

:

Proof of income, Passport, Drivers license, Utility bill, last ATO assessment

:

"Usually within a week of lodging your loan application (and often within 24-48
hours) for conditional approval, then another 2-3 days after property vaulation report"

:

There can be many fees including establishment fee, application fee, valuation fee, stamp duty, and others

:

A fixed rate is locked in at a set interest rate for a set period, whereas a variablle rate will move as the wholesale rate fluctuates.

:

We have access to the widest range of loans with over 800 loan products to choose from to find your the best deal, and our service is completely free to you.

:

In most cases no, however if you are not confident reading legal agreements it may be worthwhile.

:

It is the same as applying for a new home loan. The value of the property vs the amount you need to borrow will determine what product suits you best.

:

If you do not have 20% or more deposit it may be required by the lender in order to provide the loan.

:

Yes, as they need to verify the value of the property and therefore your LVR

:

The proof of income requirements are different so you should read the article on our site for Self Employed

Australia's largest choice of lenders

Hundreds of loan offers from Banks & Major Lenders

It's time! Contact us now to get started

Have a Time Finance expert contact you to get your loan requirements arranged on a no charge, no obligation basis.

Please call me

Takes just 45 seconds

Enter loan details now

Free service & no obligation

Take a few seconds to tell us your loan needs first

Free service & no obligation

Ele-quote-top

We must use time wisely and forever realize that the time is always ripe to do right

Nelson Mandela

Ele-quote-bot