Our Services
We offer a complete range of products for all types of finance. All of the following products will be explained in full and the final decision of what product and which financier is left up to the client.
Mortgage Lending
First Home Buyers
Being a first home buyer you may be unaware of the process and fees involved. We help you understand how it works and provide you with a detailed list of all expenses during the early stages so you are aware of what is to come. Lenders have various different offers for First homes buyers that may include discounts in rates and fee's to make the process possible. We will source the best possible package for your needs and take care of the lodgement of your First Home Owners Grant. Pre-Approvals are available, so please call now if you are in the market for your first property.
Land and Construction Loans
For owner occupied and investment properties. This loan will finance both the land and the construction of your home, commercial property or investment. The builder is paid in progress payments whilst construction is taking place. Owner builder loans are also available subject to you meeting licensing requirements. We will assist in the process from you signing the contract on the land to the day you receive the keys ensuring everything runs smoothly.
100% Home Loans
This product will fund the entire purchase price of the home with only the legal fees remaining. This allows both first home buyers who are struggling to save the required deposit and investors looking to build their portfolio with minimal cash outlay an option to purchase their desired property. Great rates and discounted fees are available.
Investors
As an Investor you will most likely require a more complex loan structuring to take advantage of the tax benefits offered. Loan splits between personal and investment and also fixed and variable are available. Being a property investor you will typically have more debt than the average person, professional packages are available to give you discount on rates and fees depending on the total amount with each lender.
Lo Doc and No Doc Loans
Are you self-employed and haven't done your tax returns in ages? We can help with a Lo Doc Loan. This will assist you in purchasing your home or investment with alternative proof of income sources. Don't let your paperwork hold you back, rates and products at times can be very close to those of full documentation loans but do vary greatly between lenders. A sizeable deposit through cash or equity in a current property is required, and a good broker is essential to ensure you obtain the best package to suit your needs. Please call us for a free consultation.
Line of Credit
A line of credit is secured against a property and acts as a very large credit card at home loans rates. If you are thinking of buying a new vehicle, going on a holiday, making some home improvements or would like to unlock the equity in your property this is the perfect product for you.
Bridging Finance
Found the perfect new home but still haven't sold your old one? With bridging finance you will be able to secure your dream property whilst you still have your old home on the market. This works by you paying mortgage repayments on your new property while no repayments are payable on your old house. Instead the interest is added onto the balance of your previous loan and repaid when you sell the house. Terms are typically between 6-12 months at very competitive rates.
Reverse Mortgages
Reverse Mortgages are designed for the asset rich and cash poor society. You must be at least 60 years of age to qualify and they work exactly as the name states. Instead of your mortgage getting smaller with repayments, it increases and no repayments are required until the property is sold. Hobbs Financial Services only deal with lenders accredited with the Senior Australian Equity Release Association of Lenders (SEQUAL). For more information on independent reverse mortgage products please visit www.sequal.com.au or contact our office.
Commercial Loans
Hobbs Financial Services provide a complete range of lenders and products for commercial property. Full, Lo and No Documentation loans are available at market leading rates and packages. Whether it be for a commercial shed, office, entire building or rural farm property we have the resources to ensure you are well looking after and informed in your decision. Please contact our office to arrange a free consultation regarding your purchase.
Consolidation Loans
Are you paying too much in interest to the banks and would like one easy payment? Using the equity in your property we are able to roll all your debt into one easy and much cheaper payment. Get on top of your financial situation and start your road to financial wealth with our huge range of packages available.
Business Finance
At Hobbs Financial Services we will work closely with your accountant to ensure you are receiving the maximum benefit available. Please contact your accountant as to which structure will be most suitable for your business.
Chattel Mortgage
Purchase a piece of equipment of machinery for your business with little or no cash down. A Chattel Mortgage allows you to claim the GST portion of your purchase on your next Business Activity Statement (BAS). Terms from 1-5 (7 in some cases) years and balloon/ residual values are available to structure the loan to suit your requirements. An early termination is possible and fees will vary depending on the lender.
Lease
A lease allows you the use of equipment or machinery while leaving the legal ownership of the goods with the financier. You make repayments on the lease for the chosen term (1-5 years) and at the end of the term a balloon or residual which is determined at the start is payable. Payments are fully tax deductible and once all payments including the residual have been made ownership is transferred to the borrower.
Novated Lease
Designed for the employee who has the option of receiving a vehicle as part of their salary package. The employee enjoys full use of the motor vehicle whilst the employer makes all the rental payments to the financier. The contract and ownership of the vehicle is in the name of the employee and should the employee leave the company, the employee will take over the loan repayments or their next employer. Please call the offce for further details.
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Business Finance
At Hobbs Financial Services we will work closely with your accountant to ensure you are receiving the maximum benefit available.
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Commercial Loans
Hobbs Financial Services provide a complete range of lenders and products for commercial property.
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