Mortgage & Finance Strategy — Hills District Sydney

Choose a broker whose Australian Credit Licence (ACL) is visible, who is locally based, and who ideally combines other professional services such as accounting so your tax and lending strategies align. At Eternity Mortgage Solutions, Rohan Manokaran is a Chartered Accountant and Credit Representative 565110 under ACL 561324 held by Loans Only Pty Ltd, based in Cherrybrook. One conversation covers both your tax structure and your loan structure.

In most residential lending scenarios, the lender pays broker commission on settlement. The broker receives upfront and trail commission from the lender. Full remuneration disclosure is provided in our Credit Guide and Credit Proposal Disclosure at the start of every engagement, as required by the National Consumer Credit Protection Act.

We work with a broad panel of bank and specialist lenders — our lender panel and how we are paid are set out in our Credit Guide. The right lender for you depends on your income type, deposit, credit history, property type, and goals — not on which lender we prefer.

Refinancing replaces your existing loan with a new loan (same or different lender) on better terms. Common triggers are: a rate that’s no longer competitive, ending of a fixed period, needing to release equity, restructuring after a separation, or switching from interest-only to principal-and-interest. We compare your current loan against current-market alternatives before any application is made.

Negative gearing occurs when the cost of holding an investment (interest, fees, maintenance, depreciation) exceeds the rental income, creating a tax loss that offsets your other income. This is general information only. Whether negative gearing suits you depends on your marginal tax rate, cash-flow tolerance, and overall portfolio strategy. Speak to your accountant before assuming negative gearing benefits.

Standard documents: photo ID (driver’s licence + passport or Medicare card), last two payslips, most recent group certificate or two years of tax returns if self-employed, three months of bank statements showing income and savings, three months of statements for all credit cards and personal loans, and contract of sale or property details. We provide a customised document list at the start of every application.

Pre-approval typically takes 3–10 business days. Full loan approval after offer acceptance and valuation usually takes 2–4 weeks depending on the lender and the complexity of the application. We provide a clear timeline at submission and chase the lender on your behalf if anything stalls.

Pre-approvals are typically valid for around 90 days, though this varies by lender. If yours lapses before you buy, it can usually be extended or reissued — but the lender reassesses against its current policy and rates, so a change in your income, commitments or the lender’s serviceability settings can change the outcome. If you are still searching as expiry approaches, tell us early: refreshing documents before the lapse is quicker than starting again after it.

A full pre-approval application generally involves a credit enquiry, which is recorded on your credit file. One enquiry is normal; several in a short window — from approaching multiple lenders directly — can read poorly to the next lender who assesses you. That is a practical reason to scope and shortlist before anything is lodged: the comparison work happens across the panel first, so ideally only one application ever touches your file.

Yes. As a Chartered Accountant and mortgage broker, Rohan handles self-employed lending end-to-end. We prepare the financials and the loan application together, which means no awkward gaps between what the lender wants to see and what your tax position shows. Low-doc, full-doc, and alt-doc options across a broad panel of bank and specialist lenders.

Often, yes. Lenders assess the income your tax returns declare, so heavy deduction claims can shrink the borrowing position even when cash flow is healthy. Some non-cash items may be added back, but treatment varies by lender and not everything qualifies. If borrowing is likely in the next year or two, raise it before the return is lodged. General information only; outcomes depend on the lender assessment.

No. Broking is a standalone engagement — you keep your existing accountant if you have one, and the Credit Guide is issued at the start either way. Where we do act as your accountant, the practical difference is speed: tax returns, notices of assessment and business financials are already on file and already reconciled, so the slowest part of most self-employed applications — document gathering — largely disappears.

The 20-minute scoping call covers what you are trying to do, your income shape, your existing commitments and your timing — enough to say whether the numbers plausibly support the goal and which lending pathway fits. No credit enquiry is made and nothing touches your credit file at this stage. It does not commit you to an engagement; if we proceed, the Credit Guide and document list follow before any application work begins.