Question 1

Why choose a local Sunshine Coast mortgage broker?

Accepted Answer

• Local Knowledge: We have deep understanding of the Sunshine Coast property market, its trends, and nuances, helping you make informed decisions based on local data and insights.
 • Strong Relationships: We've built strong relationships with local lenders, allowing us to negotiate competitive rates and terms tailored to the Sunshine Coast market.
 • Personalized Service: We understand the unique needs of Sunshine Coast residents and are committed to providing personalized support throughout your entire mortgage journey.
 • Community Focus: We actively support the Sunshine Coast community and are passionate about helping locals achieve their homeownership dreams.

Question 2

What sets Fundi Finance apart from other mortgage brokers on the Sunshine Coast?

Accepted Answer

• Specialization: We specialize in various mortgage types, including first home buyer loans, investment loans, refinancing, and more, offering expert guidance in each area.
 • Transparent Fees: We believe in transparency and clearly communicate our fees upfront, ensuring no hidden costs or surprises.
 • Technology-Driven: We leverage technology to streamline the loan application process, making it fast, convenient, and efficient for you.
 • Dedicated Team: Our team of experienced and qualified mortgage brokers is dedicated to your success and provides ongoing support throughout your loan journey.

Question 3

What are the benefits of working with a Fundi Finance broker compared to going directly to a bank?

Accepted Answer

• Wider Range of Options: We compare mortgage options from various lenders, including major banks, smaller lenders, and specialist lenders, offering you the best possible options tailored to your needs.
 • Negotiation Expertise: We leverage our experience and relationships to negotiate favorable rates and terms on your behalf, potentially saving you money on your loan.
 • Streamlined Process: We handle the complexities of the application process, saving you time and stress.
 • Ongoing Support: We provide ongoing support and guidance even after your loan is settled, ensuring you're on the right track financially.

Question 4

How is SMSF income calculated?

Accepted Answer

The income used when purchasing a property using a SMSF home loan is based on how much the SMSF has available to contribute - if you currently do not have any outgoings in your SMSF the money you contribute can be used in association with the anticipated rental income that the rental property will receive.

Question 5

Where does the deposit come from when purchasing a property in my SMSF?

Accepted Answer

A SMSF deposit must come from the SMSF bank account, there are strict rules in place for this. To be able to prove that the SMSF is the true purchaser

Question 6

How much of a deposit will I need?

Accepted Answer

The maximum loan amount for SMSF is 80%, so a minimum of 20% as a deposit of the purchase price is required in your SMSF to buy a property, plus the ability to affordably make loan repayments.

Question 7

Can I increase my borrowing power by making additional contributions to my SMSF?

Accepted Answer

There are some lenders that will take into consideration that if you can afford to contribute more to your SMSF they can accept these additional contributions to help with your borrowing power. I wouldn't rely on this to get your loan approved but this could be a suitable alternative for some.

YOUR LOCAL MORTGAGE BROKER FOR SUNSHINE COAST HOME LOANS

What makes us Sunshine Coast specialists?

We are able to help with loans for everyone;