FAQ

Question: How much will it cost to use GO Property & Finance broking service?

The initial consultation is provided complimentary and without obligation. After that, generally most loans are free as the lender of your choice pays us the commission. However, for some complicated loans eg: SMSF loans there may be a cost. If a cost is deemed appropriate we will provide you will a written credit quote prior to you making any decisions.

Question: How much deposit is required to buy our first home?

Generally, most lenders require genuine savings of 5% saved over 3 months. However, we recommend a larger deposit than 5% as lenders mortgage insurance(LMI) applies to all loans over 80% LVR (loan to value ratio) so the greater the deposit the lower the LMI.

Question: I am ready to buy my first investment property - what do I do next?

We will provide you with a Questionnaire that provides us with detailed information so we can make a preliminary assessment and product recommendations. We will arrange a complimentary consultation with you to discuss your goals & objectives and to provide all relevant information to ensure you a fully informed before making any decisions.

Question: I have a mortgage on my home - how do I save to buy an investment property?

If you have sufficient equity in your home, then it is most likely that you will not need to contribute any of your money. Our consultants will help you to structure your loan to fund the investment purchase & ensure you understand all the aspects associated with property investing.

Question: Can GO Property & Finance assist with SMSF lending?

ASIC have some very clear rules around SMSF & the provision of advice. At GO Property & Finance, our consultants can assist you with sourcing finance from a range of suitable lenders. However, it is important that you have received advice from your solicitor, accountant & financial planners before we can assist you with all aspects of the lending process.