With over 30 leading banks and financial Institutions we are able to provide total finance solutions and offer advice on a wide range of products and services to assist you with securing the best loan to help achieve your financial objectives.
The Home Loan market is an increasingly competitive lending market which provides access to local and international banks, building societies, credit unions and an array of specialist lenders. Some of the home loan types available, to name a few, include:
Choosing the right home loan type from this list of options will depend on your individual circumstances, interest rates & fees, lender’s policy and your personal & home finance goals.
Borrowing to build wealth provides the investor with:
Investment loans are typically used to acquire property, shares, managed funds, businesses, and other assets.
Because interest charged on investment loans is generally tax-deductible, borrowing to acquire investments of the type listed above may allow you to take advantage of the associated tax benefits and introduce a regular and steady income stream.
If you’re looking to buy your first investment property, or adding another one to your portfolio, getting the right Investment Loan is essential. At WeLend we can assist you in choosing the most suitable investment loan as well as the most suitable loan structure.
Over time your needs and priorities may change or your current finance arrangements may no longer be as competitive as they should be. As a general rule, we recommend that you review your loan structure every year, or whenever your financial circumstances change to ensure your loan facility changes to reflect your new circumstances.
The mortgage market is a dynamic industry which is continually providing updated products and features to benefit borrowers. This means that there may be something new that could be of benefit to you.
Refinancing involves changing the loan you currently have with a lender by either changing products with the same lender or moving your loan to another lender.
By refinancing your loan, you may be able to improve your financial situation in one or more of the following ways:
Are you on the Best Loan Deal? WeLend is available to assist in reviewing your existing loans to ensure that you are on the best loan deal.
Non-Conforming loans are designed for borrowers who have credit impairments, or who are having problems getting a loan through mainstream lenders.
Non-conforming loans are sometimes suitable to people who don't meet mainstream lending criteria, including:
While you will typically pay a higher interest rate for non conforming loans, some non conforming lenders offer interest rate reductions after a period of time if you have a good repayment history. This clean record will also increase your chances of refinancing your loan with one of the mainstream lenders.
At WeLend we can assist you in choosing the most suitable loan option as well as the most suitable loan structure. In some instances this may involve a non-conforming loan.
Reverse mortgages are intended for people who find themselves later in their life owning their home (or most of it) but requiring more cash. A reverse mortgage allows homeowners 60 years of age and over to borrow against the value of their home and access their equity without having to sell the property.
The reverse mortgage finance could be for any specific purpose, such as a holiday, new car, caravan or modifications to your home, or it could merely be put in place to provide additional money to supplement your income/pension. It may alleviate the need to sell your home, and buy a smaller/cheaper one, just to obtain access to some additional funds.
Reverse Mortgages require no repayments during the term of the loan. Instead the interest and other charges on the loan are added (capitalised) to the loan balance. Reverse mortgage loans generally require no repayments until all borrowers permanently vacate the property. i.e:
When any of the above events occur the loan becomes repayable
Funds obtained via a reverse mortgage can be taken as:
A risk with reverse mortgages is that the amount of the loan may increase to a point where it is more than the value of your home. This is called 'negative equity'. Fortunately, most reputable lenders offer a 'no negative equity guarantee' so even in a disastrous property market you may never owe more than the value of your home.
At WeLend we can assist you in choosing the most suitable reverse mortgage option as well as the most suitable reverse mortgage structure.
Family Equity products are a popular alternative for borrowers with no or low deposit. Also known as Family Pledge or Family Guarantee, these products allow family members (generally the borrowers’ parents) to provide a guarantee by using their home equity as security for the loan. Family equity guarantees can also be provided in the form of an income/loan serviceability guarantee.
Who should consider Family Equity Products?
Family equity guarantees can be complex finance products and require all parties concerned to be aware of their financial & legal obligations. For example, it may be beneficial to look at splitting the loan to limit the parent's equity guarantee exposure, by establishing an interest-only portion on the larger loan, with a view of having the parents’ security released as quickly as possible.
At WeLend we can assist you in choosing the most suitable family equity loan option and loan structure.
Finding a suitable finance structure for your business in a timely manner can allow you to maximise on opportunities and develop your business further. Businesses need to be prepared to consider the many different options of finance available. Whether you are looking to:
WeLend can assist you in choosing the most suitable commercial loan structure.
At WeLend we are dedicated to understanding and supporting the needs of businesses and offer comprehensive lending solutions. Our experience, knowledge and access to a wide range of lenders means we are well placed to assist you with your business finance requirements.
Some of the financing structures we can assist with, to name a few, include:
WeLend can assist with construction and development finance, whether it is residential, commercial or industrial property. From home renovations to multi dwelling property development projects, our experience, knowledge and access to a wide range of lenders means we are well placed to assist & advise you with your construction and development finance needs.
In an environment that is often complex WeLend can source funding, negotiate costs & terms, as well as structure and deliver a tailored solution for your project. Whether you are a developer planning to build your next project, or an investor who has a construction project for an existing asset, we can work with a range of lenders to provide you with the most suitable finance solution for your development and construction needs. WeLend can organise construction finance for building development on a hard cost or gross realisation basis.
As your business expands, so does the requirement for your business to make capital purchases such as Motor Vehicles, Plant and Equipment. Your decision to either purchase goods from available cash funds or to finance them may have both cash flow and taxation implications for your business. What’s best for your business will very much depend on your circumstances at the time.
If you're looking to build your business, financing your motor vehicle and equipment purchases can help your business to free up its cash resources and invest in those areas that are most profitable. Rather than tying up funds in depreciating assets such as motor vehicles, plant and equipment, you can re-direct your cash funds into more effective purposes allowing you to maximise on opportunities and develop your business further.
WeLend can organise finance for a wide range of items, including:
Some of the financing structures we can assist with, to name a few, include:
Financing business equipment has changed over the years particularly with the introduction of GST. Businesses looking to finance motor vehicles and equipment should be aware that some finance products will have certain characteristics which prove more beneficial to them than others.
At WeLend we are dedicated to understanding and supporting the needs of businesses and offer comprehensive lending & financing solutions. Our experience, knowledge and access to a wide range of lenders means we are well placed to assist you with your business finance requirements.
Super funds can now borrow money to invest in residential and commercial property!
The Superannuation laws have now been amended to allow super funds to borrow and take advantage of gearing options available to regular property investors, as long as a special structure is in place, as there are a number of laws governing Self Managed Superannuation Fund (SMSF) borrowing.
As with all SMSF matters, great care must be taken to ensure that the borrowing strategy employed is legal and compliant with the Superannuation laws. WeLend is well experienced in the SMSF borrowing rules and has the ability to tailor an integrated strategy for your SMSF.
This information is provided as a general guide only and is not advice or a recommendation to enter into any transaction.
