Why would I do business with you when I can go directly to the banks?

At Finance 24/7 we have access to over 23 lenders and 600 products, whereas your bank sell their products specifically.
We work to solve your loan situation rather than just attain an approval or declined notice.

When you ring us you will get a person, not a recorded message, who will guide you trough the whole process from application to the settlement of your property.

As our name suggests, we are available 24/7 - that's our commitment to you!

Who can borrow?

Individuals, PAYG, Self Employed, Companies, Trusts, Non-residents.

How much can I borrow?

Fully Verified Loans - PAYG and some self employed: Up to 95% of the value of the property.

Lo Doc loans for self employed  -  Up to 80% of the value of the property, for Owner Occupied or Investment purposes.

Non Residents  -  Up to 80% of the value of the property, secured against an Australian property.

What will it cost me?

An application fee, the amount varies between Funders. Average costs=$750.00+ statutory and government charges (incl: stamp duty, mortgage duty, transfer and rego fees).

How long will it take?

Conditional Approval can be done within 24 Hours based on the speed of provision of relevant docs. Full Approval approximately 14-21 days.

Who provides the money?

We are accredited with a large number of funders:

How do I make payments?

All transactions will be set up to operate via internet or phone.
Repayments paid by direct debit from your nominated account. Or in the case of Line of Credit Facilities can be capitalized from loan account.

What is a finance Pre-Approval?

A Finance Pre-Approval gives you the confidence to go out into the marketplace and bid for or negotiate a price on a property, knowing that you have re-assessed approval for finance. This could give you bargaining power and saves you time in the settlement process, having ‘ironed out’ many of the potential problems with your finance application.

It is of course only an approval subject to the lender conditions being met, including valuation and full assessment (the process varies considerably between lenders).

Finance 24/7 can assist you in obtaining Finance Pre-Approval with, in most cases no money from your pocket.

What is a Credit File?

A credit file is simply a report that records information (credit, identity and public records that are of relevance for credit assessment). It reveals the amount of credit you applied for and to whom you have made application for credit (banks, utilities  such as gas, electricity, telephones, finance companies); and also the type/purpos of credit sought (overdraft, interest free, home loan, credit card). Overdue Accounts (Defaults) which may have been listed against your name; Bankruptcy information, Judgments Public record information like Directorships & Proprietorships

Lenders use this 'CRA' or credit file, to assess suitability of applicants for any credit proposals. The contents of this report can effect your ability to access new credit including a home loan, or the circumstances in which credit can be obtained

eg. Some credit defaults may result in a higher interest rate that finance can be obtained for you.

How do I access my Credit File?

If you have applied for any type of credit or utility account, chances are there will be a file registered with www.mycreditfile.com, or you can contact them on: 13 31 24.

Who is the M.F.A.A.?

The Mortgage Industry Association of Australia (MFAA) is a provider of service and representation to mortgage brokers, mortgage managers, mortgage lenders (bank and non-bank), and originators to assist them develop, foster, and promote the mortgage industry.

It advocates ethical business practices, works closely with national and state Governments, offers industry specific education, provides compliance and legal information, runs a consumer information programme and industry networking events.

Our members must adhere to an industry Code of Practice which requires professionalism, ethical behaviour, transparency and a commitment to you, the borrower.