Home Loans

Home Loans

Low rates, fast approval and flexible terms — apply for a home loan with Universal Finance Corporation

Buying your first home is a major financial decision. Between stacks of paperwork to fill out, organising inspections, liaising with real estate agents and more, there’s a lot to do before you get the keys to your new home. Choosing a home loan is an important step in any buyer’s journey, and with so many lenders to choose from, knowing where to start can seem daunting. 


Universal Finance Corporation simplifies this step for home buyers, sourcing and securing competitive home loan rates for our clients. Discover how Universal Finance Corporation can match you with the most competitive home loan rate for your circumstances today. 



Why use a mortgage broker to help you find a home loan

Whether you’re buying your first home or adding another investment property to your portfolio, a mortgage broker can make the process easier. Think of a mortgage broker as the middleman between you and the lender. Their job is to find the right home loan for your financial needs and goals. 


A lot of the time, mortgage brokers have access to off-market deals you might not be able to access if you were to compare financing options on your own. They negotiate the terms of your loan on your behalf, working to secure the lowest rate possible and the most cost-effective terms. 



The types of home loans Universal Finance Corporation specialises in

  • First home buyer loans — We simplify the process for first-time buyers, helping you understand government benefits and special first-time home loan offers.
  • Investment loans — If you intend to purchase a home for investment purposes, you will need to apply for an investment loan. 
  • Bridging loans — These home loans are designed to assist those buying a new home before selling their current one.
  • Low-doc loans — Tailored for the self-employed who might have difficulty showing traditional income verification.
  • Refinancing — To ensure you're always on the best rate and terms, or to access home equity for other investments or expenses.




Take your first step toward property ownership with Universal Finance Corporation 

Universal Finance Corporation is here to make your dream of owning your own home a reality. Get in touch today for a no-obligation consultation to find out how much you could borrow. 



FAQs

  • What are the types of home loans available?

    There are many types of home loans in Sydney available to cater to the needs of all kinds of borrowers. The type of home loan we recommend you apply for depends on your property goals. For instance, if you are a first-home buyer, Universal Finance Corporation will investigate first-time home loans you may be eligible for.


    Investor loans are available to borrowers looking to purchase a property to use as an investment, bridging loans “bridge” the financial gap for buyers who need to purchase their new home while their existing one is in the process of being sold, while self-employed loans are specialised loans available for self-employed individuals who may not fall within the eligibility criteria of a standard home loan. 

  • How much can I borrow for a home loan?

    The amount you can borrow for a home loan will come down to your borrowing capacity. An individual’s borrowing capacity is determined by many factors, such as their credit score, income, whether they have any personal debts, like a credit card or personal loan, and their monthly expenses. Once a lender has an understanding of who you are as an applicant, they can then determine the amount you can afford to borrow.

  • What is the difference between a fixed-rate and a variable-rate home loan?

    When you begin comparing home loans, you’ll soon find there are typically two options to choose from: fixed or variable rate. A fixed-rate home loan is a loan where the interest rate is “fixed” for the duration of the loan term, ranging from one to five years. Fixed-rate loans are a great choice for borrowers who like to keep to a strict budget and like their repayments to remain the same each month.


    On the other hand, a variable-rate loan rises and falls with the market. This means that depending on how the market is faring, your monthly repayments could be higher or lower. Variable-rate home loans are geared towards borrowers who want more flexibility with their mortgage.

  • How can Universal Finance Corporation help me get the best home loan rates?

    Whether you’re a first-home buyer or a seasoned investor, finding the most affordable and competitive home loan is essential for keeping your costs as low as possible. At Universal Finance, we have access to a wide range of banks and non-bank lenders to ensure you receive the most competitive deal available. We’ll also negotiate on your behalf to ensure your rate is as low as possible and the terms of your loan align with your financial goals.

  • How can Universal Finance Corporation help with applying for the First Home Loan Deposit Scheme?

    As the First Home Loan Deposit Scheme features several eligibility criteria and restrictions, knowing where you stand as a first home buyer can be difficult. Universal Finance Corporation simplifies your First Home Loan Deposit Scheme application by guiding eligibility requirements and application procedures. We’ll compile the necessary documents and liaise with relevant lenders to finalise your application.
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