Your Local Broker for Central West NSW
- 10+ years experience
- Member of the FBAA
- Commercial, asset and residential accredited
Send Us a Message
Home
Loans
Buying a new home, refinancing or buying an Investment?
Car
Loans
Looking to buy a new car or refinance an existing loan?
Equipment Loans
Need a new tractor on the farm or adding a new truck to the fleet?
Personal Loans
Getting away on a holiday or have a large unexpected expense?
Business Loans
Launching a new business or growing your venture?
Why you should use a mortgage broker for your home loan
The process of buying a house can be stressful and confusing as can the home loan application process. A mortgage broker removes this stress at no cost to you by:
Why you should use a mortgage broker for your home loan
The process of buying a house can be stressful and confusing as can the home loan application process. A mortgage broker removes this stress at no cost to you by:
- Talking to different banks and lenders so you don't have to
- Finding the best loan option for you and saving you money
- Helping you prepare your finances and paperwork
- Being a source of knowledge to guide you through the process
REMC Finance: Your Trusted Finance Brokers
Finding the perfect home loan, car loan, or business finance can be a daunting task. With so many options available, it's easy to feel overwhelmed and unsure where to turn. That's where REMC Finance comes in. We're your trusted finance brokers, dedicated to providing expert advice and tailored solutions to help you achieve your financial goals. Whether you're a first home buyer, looking to refinance, or needing finance for your business, we've got you covered. We take the time to understand your unique circumstances and needs, and then use our extensive knowledge and network of lenders to find the perfect solution for you.
Home Loans Made Easy
Navigating the world of home loans can be particularly tricky. But with REMC Finance, it doesn't have to be. We offer a comprehensive range of home loan services, including:
- First Home Buyers: Taking that first step onto the property ladder is exciting, but it can also be confusing. We’ll guide you through the entire process, from pre-approval to settlement, ensuring you understand every step of the way. We’ll help you determine your borrowing capacity, explain the different types of home loans available, and find the right loan to suit your budget and goals.
- Next Home Buyers: Looking to upgrade or downsize? We can help you find the right loan to suit your changing needs, whether it’s a larger family home or a smaller investment property. We’ll consider your current equity, your new property goals, and any potential tax implications to ensure you make informed decisions.
- Refinancing: Is your current home loan still the right deal? We can help you assess your options and refinance to a more suitable loan, potentially saving you thousands of dollars in interest. We’ll compare interest rates, fees, and features from a wide range of lenders to find the loan that best meets your needs.
- Investment Property Loans: Keen to grow your property portfolio? We can help you secure the finance you need to purchase your next investment property. We’ll help you understand the different investment loan options and structure your loan to maximise your returns.
- SMSF Loans: Want to invest in property through your self-managed super fund? We have the expertise to guide you through the complexities of SMSF loans. We’ll work closely with your financial advisor to ensure your SMSF loan is structured correctly and meets your retirement goals.
- Guarantor Loans: Need help with a deposit? We can explore guarantor loan options to help you secure your dream home sooner. We’ll explain the responsibilities of being a guarantor and help you find a loan that works for both you and your guarantor.
More Than Just Home Loans
REMC Finance offers a diverse range of financial solutions to meet all your needs. We can also assist you with:
- Car Loans: Whether you’re after a new set of wheels or looking to refinance your existing car loan, we can find the right deal for you. We’ll compare car loan options from various lenders, including banks, finance companies, and dealerships, to get you the most suitable rate and terms.
- Personal Loans: From debt consolidation to funding a dream holiday, we can help you secure a personal loan that suits your lifestyle. We’ll help you determine the right loan amount, repayment schedule, and interest rate to fit your budget and goals.
- Business Loans: Need finance to start or grow your business? We offer a range of business loan options, including commercial loans and equipment finance. We’ll work with you to understand your business needs and find the right loan to support your growth.
- Construction Loans: Building your dream home? We can help you navigate the complexities of construction loans and ensure a smooth building process. We’ll help you understand the different construction loan options available and manage the progress payments throughout the build.
- Bridging Loans: Need short-term finance to bridge the gap between buying and selling property? We can help you secure a bridging loan to make the transition easier. We’ll explain the costs involved and help you find a loan with a suitable bridging period.
- Low Doc Loans: Self-employed or have complex income structures? We can help you find suitable low doc loan options. We’ll work with you to gather the necessary documentation and present your application in the best possible light to lenders.
About REMC Finance
REMC Finance is a leading finance brokerage with a passion for helping clients achieve their financial goals. Our team of experienced and qualified finance brokers have a deep understanding of the finance industry and a commitment to providing exceptional customer service. We pride ourselves on our ability to find tailored solutions to meet our clients’ unique needs.
With access to a wide network of lenders and a deep understanding of the loan products available, we can help you navigate the complexities of the financial world with confidence. Our goal is to make the process as smooth and stress-free as possible, so you can focus on what matters most – achieving your dreams.
Loan Calculators
Use our handy loan calculators to estimate your repayments and explore different loan scenarios:
- Home Loan Calculator: Calculate your monthly mortgage repayments and see how much you can borrow.
- Car Loan Calculator: Estimate your car loan repayments and compare different loan terms.
- Personal Loan Calculator: See how much your personal loan repayments could be and how long it will take to pay off your loan.
Loan
Repayment
Calculate your loan repayments
Borrowing
Power
Calculate your borrowing power
Stamp Duty
Calculate your stamp duty on a property
Additional Repayments
Calculate your loan term from extra repayments
Loan Comparison
Compare different Loans below
Why Choose REMC Finance?
- Expert Advice: We have a deep understanding of the finance industry and can provide you with clear, unbiased advice to help you make informed decisions.
- Tailored Solutions: We take the time to understand your individual needs and find the right solution for you, ensuring your finance aligns with your goals.
- Wide Range of Lenders: We have access to a wide network of lenders, giving you more choice and better rates, so you can find the perfect loan for your circumstances.
- Seamless Process: We handle the entire process from start to finish, making it as stress-free as possible, saving you time and effort.
- Ongoing Support: We’re here to support you even after your loan settles, providing ongoing assistance and advice, and ensuring your financial well-being in the long term.
7 Easy steps to mortgage freedom
Learn the secrets to paying off your mortgage fast and saving thousands of
dollars revealed by a mortgage industry insider who did it in just 7 years!
About
Russ is a Gunnedah resident who started his career as a Mortgage Broker in 2001. He understands the needs of the local community and is committed to giving them the best finance broking services in the area. Russ is affiliated with one of the country’s largest broking companies, which handles 1 in every 10 home loans nationwide, every month.
Thousands of products from a huge range of lenders to choose the right product for you
No matter your situation we can find a loan to suit your needs, bad credit, SMSF mortgages, military personnel, medical professionals and essential workers
FAQs
A mortgage broker is a licensed professional who acts as an intermediary between borrowers and lenders. They help borrowers find the right home loan products to suit their needs and guide them through the application process.
The great news is that using a mortgage broker is typically free for borrowers. Mortgage brokers are paid a commission by the lender once the loan settles.
For a property purchase you will need to pay stamp duty which is a one-off government levy calculated on the purchase price. Other government fees also apply such as land transfer registration and mortgage registration. You will need to allow for your conveyancing or legal fees as well as any council and water rates or strata fees that might apply.
If you are refinancing you won’t need a conveyancer so you will not have legal fees and stamp duty but you will still pay for land transfer and mortgage registration as well as a discharge fee to your existing lender.
For a purchase or a refinance, the lender might also charge fees at application. These fees will differ from lender to lender and it is part of your broker’s job to discuss these with you and keep costs to a minimum. Lender fees will form part of any product comparison provided.
In short the answer is it depends. To avoid paying lenders mortgage insurance you will need a 20% deposit however a home loan can be secured without this much of a deposit. Having a bigger deposit means you may not have to borrow as much money, reducing the amount of interest you will ultimately pay over the life of the loan. A larger deposit means less risk to the lenders and you are more likely to receive a competitive interest rate.
Lenders’ Mortgage Insurance (LMI) is a one-off, non-refundable, non-transferrable premium that’s generally added to your home loan. It applies when a borrower has insufficient savings or equity to meet the standard 20% equity requirement of the property value. LMI is insurance designed to protect the lender, not the borrower. It provides the lender with indemnity against any loss incurred if you are unable to repay your home loan and the property needs to be sold. The higher the percentage the higher the premium will be as the risk of loss to the lender is deemed to be greater
REMC Finance offers a wide range of loans, including home loans, car loans, personal loans, business loans, and more. We can help you find the right loan to suit your individual needs.
Simply contact us to arrange a free consultation. We’ll discuss your needs and guide you through the application process.
Ready to Get Started?
Contact REMC Finance today for a free consultation. We’ll be happy to answer any questions you have and help you find the perfect finance solution for your needs.