Mortgage Broker in Cherrybrook — Local Home Loan Help

A mortgage broker is your point of contact between you and the lender — they scope your situation, model serviceability against the most-likely lenders, prepare and submit the application, and coordinate the lender, valuer, solicitor and conveyancer through to settlement. Mr Rohan Manokaran (Credit Representative 565110) is authorised under ACL 561324 held by Loans Only Pty Ltd. The Credit Guide explains how the engagement is structured.

In most residential lending scenarios, the lender pays broker commission. We explain remuneration in our Credit Guide and Credit Proposal Disclosure document, provided in writing before any application is submitted. For complex, commercial or specialist applications a fee-for-service arrangement may apply; if so, it is confirmed in writing before work starts.

Each lender applies its own income assessment, expense verification, liability treatment and serviceability buffer (APRA-regulated lenders apply a buffer of at least 3 percentage points above the actual rate). Two lenders can reach materially different borrowing-capacity figures for the same applicant. We model your shape against the most-likely lenders before any formal application, so you avoid unnecessary credit-file enquiries.

A refinance follows a structured sequence: scoping (rate, structure, term, fixed-vs-variable, equity-release intentions), documentation pack, comparison of your current loan against the most-likely refinance candidates, application to a shortlisted lender, valuation, unconditional approval, settlement via your solicitor or conveyancer, then discharge of the outgoing loan. Costs (exit fees on fixed loans, government charges, application fees) are quantified up front so the net benefit is honest.

Yes. Self-employed loans (sole trader, contractor, Pty Ltd director) are a routine part of the practice — partly because the practice already understands how your tax returns, BAS and business financials read to a lender, and partly because we work with lenders whose policies suit ABN income. Loan shortlisting is materially different from a PAYG application; we walk you through the differences at scoping.

Timing depends on how complete your document pack is and on the shortlisted lender’s assessment queue, which can move from days to weeks. A straightforward PAYG file generally moves faster than a self-employed file, where the lender reads tax returns and business financials line by line. Lenders express pre-approval validity as a fixed window (commonly around three months); if your property search runs longer, the pre-approval is refreshed with updated documents rather than started from scratch.

No. Engagements run in person at 15 Forest Close, by phone or by video — whichever suits. Identity verification, document collection and signing are all handled through the channels the lender accepts. Many local clients prefer one in-person scoping meeting at the start and handle the rest remotely; others never visit the office at all.

Yes. Investment property loans are an established part of the practice. Loan purpose, interest deductibility context (general information only — not personal tax advice), offset-vs-redraw positioning and serviceability all sit at the cross-cluster line with the tax side. Same practitioner across both sides.