Mortgage Brokers

K Partners – Mortgage Brokers

Our mortgage broking service offers a unique approach to securing a mortgage, handling the financial aspects, at no extra cost to you.

Depend on us for mortgage broking and advice

As with all our financial services offerings, we offer mortgage broking on a fully independent basis, putting integrity and transparency at the forefront.

K Partners Pty Ltd is a holder of Australian Credit Licence No.388189

Step-by-step support through the property refinance process

Mortgages are a major financial investment, but they need not be overly complicated. With our simple three-step process, we provide personalised guidance, answering your questions and helping you achieve the best possible outcome.

  1. We ask you what your loan requirements, how long you need it for and what features it should have. We take a consultative approach, as the loan needs to work for you.
  2. We get started finding you the most affordable loan available. We have a panel of over 20 lenders we can choose from that includes all the major banks and some smaller lenders enabling us to cater for any type and size of loan.
  3. Once we’ve determined the best product and strategy, we assist you in implementing it. This is a simple process where we can handle all the paperwork and details.

You can count on our experienced team to help you with residential property loans, commercial property loans, business loans and Self Managed Superannuation loans.

To find out more about this service or how we can assist, please contact us or submit an enquiry.

Maintenance and debt consolidation

At K Partners, we constantly look for ways to deliver added value to our clients. One of the benefits of securing your loan through K Partners is having the confidence that your loan will be structured in the most tax effective way possible.

Your mortgage broker will get in touch with you once a year to make sure that everything is on track and that your chosen lender is still serving you in your best interest.

In many cases, a debt reduction strategy is a significant part of the advice we provide. As a part of our loan recommendation, we will present you with a strategic debt reduction plan.

Debt consolidation simplifies the administration of your loans, reduces the interest rate cost and improves your overall cash flow. Through this support, you can focus on controlling your debt while actively working towards debt reduction.

Contact us to arrange an mortgage broking consultation.

Frequently Asked Questions

The benefits of refinancing your mortgage can vary depending on your situation and financial goals. In general refinancing opens the door to many opportunities, such as:

  • Better mortgage rates
  • Paying off your home loan sooner
  • Lower monthly repayments
  • Shorter loan terms
  • Fixed-rate options
  • Debt consolidation

The team at K Partners can help you make an informed decision by helping you to set goals and review loan options that align to your needs.

We have access to a range of exclusive, flexible, and competitive loan solutions. 

We can work with you to find a loan tailored to your circumstance.

Fixing your loan is highly dependent on your future decisions. When you lock in a fixed rate its important to understand that you are signing a contract with the bank to lock in for a certain time.

A fixed loan provides certainty in knowing your weekly/monthly repayments and offers peace of mind if you are concerned about rising rates.

However a fixed rate also comes with restrictions. If you decide to sell or refinance your loan inside the fixed rate period you could be up for a significant fee (Break Cost Fee).

If you have surplus funds available you are not able to park this in your fixed loan account to reduce the interest payable (as you would with a variable home loan).

To make an informed decision please call us to discuss your options to ensure if a fixed rate is the best product for you.

Our mortgage broking services are complimentary as the banks remunerate us once your loan application has settled.

We have access to approx. 30 different lenders. Dependent on your situation we will pick the ideal lender that best suits your needs.

Normally your last two (2) payslips and a breakdown of your assets and liabilities. It would be ideal to prepare a budget as well as we will be discussing your ability to repay a future mortgage.

Having a budget completed will allow us to confirm your actual borrowing capacity.

Fees that are associated in a property purchase are:

  • Stamp duty
  • Transfer fees (title transfer)
  • Lenders mortgage insurance
  • Conveyancing fees
  • Discharge fee (if you are refinancing a mortgage)
  • Disbursements (estimated vendor costs)

All fees are dependent on the price of the property you are purchasing/refinancing. We will always

provide you with an estimate of your expected fees.

This question is dependent on your income, liabilities & living expenses. Every bank have different parameters as to how they determine your borrowing capacity.

It’s vital that you have a clear understanding of your actual borrowing capacity to determine your actual affordability. 

Once we capture all your information we will put together an application to the bank. Normally the banks require 3-5 business days to assess your application. They might require further information if they want to further verify any of the provided information.

Once your loan is approved you will be in a position to make an offer on your new home or investment.

The rate is driven by your overall risk position. Most lenders will measure this based on how much you are borrowing versus the property value, this is called the loan to value ratio (LVR).

The LVR combined with the loan amount and repayment type (interest only or principle and interest) will determine your final rate.

The rates are negotiable with most lenders.