No, you don’t pay your broker directly. Your broker is paid by the lender you choose once your loan settles. This typically includes an upfront commission and an ongoing trail payment.

If you’re a first home buyer or have not owned a home in 10 years or you are a single parent, you may be eligible for the 5% deposit scheme with an LMI (Lenders Mortgage Insurance) waiver. Each state has different property price caps — book a chat to find out if you qualify.

Your borrowing capacity depends on your income, living expenses, and any existing debts or liabilities. Each lender calculates this differently, so it’s best to review your situation with your broker for an accurate estimate.

Timelines vary depending on the lender, but generally, pre-approval takes 1–3 business days. Once the right lender for you is chosen, we’ll outline their specific turnaround times so you know exactly what to expect.

You’ll usually need proof of ID, income documents (like payslips or tax returns), bank statements, and details of your current assets and liabilities. However, the exact documents required may vary depending on your situation. We use a secure online platform to collect this information safely and conveniently, and we’ll guide you through each step along the way.

Construction loans are released in stages as your home is built — this is called progressive drawdown rather than a lump sum. You only pay interest on the funds that have been drawn, helping to manage cash flow during the build. Once construction is complete, your loan converts to a standard home loan.