OUR SERVICES / OWNER-OCCUPIED

Owner-Occupied
Home Loans

Purchasing the home you intend to live in? As skilled owner-occupied mortgage brokers, we’ll help you structure your loan application for success.

Our Services and Strategies as Owner-Occupied Mortgage Brokers

Helping our clients with owner-occupied or PPOR (Principal Place of Residence) loans is a core part of our business at Blue Fox Finance. We have access to a vast array of lenders and understand all the options beyond simply purchasing a PPOR. Whilst we are Brisbane-based, we’ve shifted towards becoming online brokers due to the large volume of interstate clients we help. We now deal with any state in Australia.

Concepts and processes we can help you with include, but are not limited to:

Effectively utilising offset accounts, redraw and credit cards
Setting up a loan that’s effective for future debt recycling
7-day finance clauses, and heavily reducing risks on unconditional contracts and auctions
Bridging loans
All the normal stuff: LMI, fixed/variable/split loans, large selection of lenders, etc.

FIRST HOME BUYERS SCHEMES:

IF NOT YOUR FIRST PURCHASE:

Specialist Borrower Policies

As experienced owner-occupied mortgage brokers, our knowledge of borrower-specific policies is extensive, including:

For self-employed borrowers, we have a detailed understanding of how businesses work and their income verification options.

Full-doc
Low-doc (6 months BAS, accountant’s letter or business bank statements)
Director’s wages (6 months history needed)
1-year financials with major banks
12 month ABNs (competitive rates!).
Contracting to your previous PAYG employer – we have had strong deals approved at 3 months’ ABN with a major bank
Ignoring company debt
Franking credits as income (I know this sounds like common sense, but it isn’t always!)

It is possible to make a joint purchase with family or friends using group servicing, i.e. one borrower on a higher income can offset another on a lower.

I.e. splitting debts you have with non-applicants.

We can pretty easily get 80% LVR on equity releases without any supporting documents and get the cash in your bank. >80% will sometimes require extra verification.

Novated leases
Pre/post-tax deductions
Bonuses (can use what was received in the last 12 months)
Commissions (6+ months)
Casual workers can also get away with 1 payslip if they just came out of a similar role (but we’ll compare your income against your prior income and use the lower of the two)
Maternity leave
Front-line workers (100% of all income used)
PAYG Contracts

If > 3 months left on your contract, we can usually get this done competitively.
If < 3 months left on your contract, we can look at your historical earnings for affordability, even without having your next contract secured.

At higher rates, we can do most degree-qualified professionals at 90% without LMI.

Additional Considerations

Every situation is unique, but we’ve been around long enough to see the vast majority of scenarios. We also keep clear records of our unusual circumstances, so it’s not uncommon that we’ve seen your exact situation in the past, and already have an idea for a solution.

Connect With a Reliable Mortgage Broker for Your PPOR

Making the right choices around buying your home comes down to loan structure. At Blue Fox Finance, we specialise in structuring your loan correctly from the start, ensuring you’re set up for success. With 9 years of experience and a broad range of knowledge, we’re your top choice for a mortgage broker for your PPOR.

Owner-Occupied Home Loans