HOME LOAN QUESTIONS

Answers to home loan questions about buying, refinancing and applying through Tungsten Home Loans. We work with clients in Ormeau, across the Gold Coast and in Canberra.

Buying a home | Refinancing | Trusts, companies and occupations | Locations and moving | Asset finance

Home loan questions before buying

How much deposit do I need to buy a home?

The amount depends on the property, lender and your circumstances. A smaller deposit may involve lenders mortgage insurance or eligibility requirements. Allow for purchase costs as well as the deposit. Read our first home buyer page.

What documents do I need for a home loan?

Start with identification, income information, existing debts and living expenses. The lender may request bank statements and property details. Brad can explain what is needed for your application. Visit our Getting Ready Guide.

Can I get a home loan if I am self-employed?

Self-employed borrowers can apply, but the lender needs to assess the business income and commitments. The documents depend on the lender and your business structure. Discuss your situation before deciding which loan to apply for. Speak with Brad Quilty.

Does pre-approval guarantee I can buy a property?

No. Pre-approval is not final loan approval. The property and your circumstances still need to meet the lender’s requirements. Check the conditions and expiry before making a commitment. See the home loan process.

Refinancing and investment loans

When is refinancing a home loan worth considering?

Review the loan when your rate, income, property plans or required features change. Compare switching costs and total cost over the remaining term, not just the new rate. Visit our refinancing and home loan review page.

Can I refinance my SMSF property loan?

An existing SMSF loan needs a separate review of the borrowing arrangement, current rules and lender requirements. Discuss the proposed refinance with Brad and your SMSF accountant or licensed adviser before changing anything. Read about SMSF loan refinancing.

Can I use equity to buy an investment property?

Equity alone does not establish how much you can borrow. A lender also considers income, commitments, property valuation and its lending policy. Discuss both properties and the proposed loan structure with Brad. View Brad’s profile.

Family trusts, companies and emergency-service roles

Can a family trust get a property loan?

Some lenders consider loans through a family trust. The trust, trustee, purpose and financial position affect the assessment. Discuss the structure with Brad and your accountant or solicitor before applying. Read our complex lending overview.

Can I buy a property through a company?

Company borrowing needs to be assessed against the proposed ownership structure, purpose and lender requirements. It is not the same application as borrowing in your own name. Ask Brad about the lending options and seek separate tax or legal advice on the structure. Visit our trust and company lending overview.

Are there home loan options for police, paramedics and firefighters?

Ask Brad whether any lender policies apply to your occupation and circumstances. Specialist benefits are lender-specific and need to be checked; being a police officer, paramedic or firefighter does not guarantee a discount or approval. Read about emergency-service home loans.

Ormeau, the Gold Coast and Canberra

Can Tungsten help with a home loan in Ormeau or the northern Gold Coast?

Yes. Tungsten works with home buyers, homeowners and investors in Ormeau and across the northern Gold Coast. Visit our Ormeau mortgage broker page.

Does Tungsten work with clients in Canberra?

Yes. Tungsten has an existing client base in Canberra as well as the Gold Coast. Contact Brad to discuss the property and lending help you need. Contact Tungsten Home Loans.

What should I check when moving between Canberra and the Gold Coast?

Discuss the timing of your sale and purchase, existing loan, moving costs and any change in income. Buying before selling needs a separate assessment; do not assume bridging finance will be available. See the loan application steps.

Car, caravan and boat finance

Where does the asset finance application go?

The asset finance link takes you to LoanOptions.ai, which handles those leads and informs Brad. For home loan help, contact Tungsten directly. Visit the existing asset finance application or contact Brad about a home loan.

Does Tungsten charge for mortgage broking?

Tungsten’s current service information says there is no fee for its mortgage-broking service and that the lender pays a commission. Ask Brad to confirm the fees and costs that apply to your specific application. Read about using Tungsten.

Have other home loan questions? Contact Tungsten Home Loans. These answers are general information, not a loan approval or personal financial, tax or legal advice. For independent guidance, visit Moneysmart’s home loan information.