Home Loan over 1 Million Dollars
Home loans over 1 million dollars will generally require more due diligence to ensure the best outcome for the customer. The interest rate becomes much more weighted than fees are when dealing with over a million dollar home loan - where a difference in interest of 0.10% p.a. will cost you upwards of $696 per year. Paying 0.50%p.a. more than the lowest rate available on a million dollar home loan will cost you $3,480 per year!
We can help you find the best home loan for over a million dollars!
Whilst most banks will do loans over a million dollars, we work on a service-based commission model, meaning we can dedicate extra time to ensuring you get the best loan available. We have over 25 lenders and can compare them all in real time, and produce you actual repayments (including fees) for your loan amount, to ensure you're not paying thousands more than you need to. We don't charge for our service and can do after-hours and weekend appointments at the place of your choice.
|Our Mortgage Broker can:|
|Take your personal circumstances into consideration.|
|Calculate your maximum borrowing capacity.|
|Compare over 25 home loan lenders including all the lenders.|
|Give you actual repayments so you can compare them side-by-side.|
|Complete the application on your behalf.|
Home Loans over a million FAQ:
How much does my interest rate matter?
A lot! Per million dollars, a difference of 0.01%p.a. means a difference in repayments of $69.60 per year. So if you're paying 0.50% more than the lowest available (not an unusual situation), thats $3,480 per year wasted!
What are the fees associated?
Nothing is required up-front, however each different lender has different fees applicable, all of which will be disclosed in full to you prior to your application. We do not charge for our home loan services.
How long does it take to get a home loan?
This is different with each lender, but we can guarantee we'll have you a proposal or application in 24 hours or less, Monday - Saturday.
Can you do after-hours appointments?
Yes! After-hours and weekend appointments are welcomed, although your finance application will generally only be processed on week days.
Do you only service Brisbane?
We can do home loans all over Australia, often over the phone. Our Home Loan Broker is however based in North Brisbane, and as such can service all surrounding areas in person: Albion – Alderley – Ascot – Aspley – Bald Hills – Banyo – Boondall – Bracken Ridge – Bridgeman Downs – Brighton – Brisbane Airport – Carseldine – Chermside – Chermside West – Clayfield – Deagon – Eagle Farm – Everton Park – Fitzgibbon – Gaythorne – Geebung – Gordon Park – Grange – Hamilton – Hendra – Kalinga– Kedron – Keperra – Lutwyche – McDowall – Mitchelton – Myrtletown – Newmarket – Northgate – Nudgee – Nudgee Beach – Nundah – Pinkenba – Sandgate – Shorncliffe – Stafford – Stafford Heights – Taigum – Virginia – Wavell Heights – Wilston – Windsor – Wooloowin – Zillmere.