Time to purchase your new home?
Looking to invest in property?
Wondering how you'll afford your new car?

What we do?

Our goal is to help you find a finance solution.

We will guide you through the loan process, compare and recommend suitable loan products which will meet your financial needs. There are so many lenders, loan products and features available, and it can easily seem overwhelming to you. Our process involves:

  • Assessing your financial circumstances
  • Finding a suitable loan for your situation and negotiating the best rate for you with the lender
  • Managing the application process
  • Providing you with advice at every step

In early 2010, the National Consumer Credit Protection Act, was established to protect borrowers and ensure ethical and professional standards in the finance industry. A key protection for consumers under the NCCP, are the responsible lending obligations on mortgage brokers. The objective of these obligations is to ensure that the credit contract or lease is ‘not unsuitable’ for you, the consumer.

Assessing your financial circumstances

We will take the time to discuss your needs and circumstances with you. This gives us the opportunity to determine which type of loan is most suitable to you.

To make it easier for you, you will need to provide documents to support your identity and financial situation. These documents will include a 100 point check list for identification, personal bank statements to demonstrate savings (if applicable), tax returns, payslips, outstanding loans, statements, etc. Your mortgage broker will advise you of what you need for your particular situation.

Once we have an understanding of your objectives and financial position, we will discuss the various loan products available. We will provide you with product comparisons and inform you of proposed mortgage repayments and any upfront and ongoing fees.

Finding a suitable loan for your situation - and getting you the best deal

After assessing your objectives and financial needs, we will research hundreds of loan products from many different lenders, including major banks, smaller banks, credit unions and other lenders. We always have details of the latest deals from the lenders. Sometimes, we even have access to some exclusive loan products which are not available elsewhere.

One of the things that makes us different is that we always try to get you a better deal than what is first offered. So you can always be assured you are getting the best possible rate from our proposed lender!

We will then recommend a product or products which will suit your needs.

You may also be provided with a copy of the lenders comparison rate. Comparison rates include both the interest rate and fees and charges relating to a loan. It is a tool to help you identify the true cost of a loan. A sort of an "apples with apples" yardstick to help you compare loan packages easier.

Managing the process

If you wish to proceed, we will help you to complete the necessary paperwork and liaise with the lender on your behalf. This will include the completion and submission of your home loan application and the on-going communication between all parties until your home loan is approved and settled.

Providing advice at every step

There are many steps in the loan process and our goal is to make it easy for you.........everything fom your initial steps, such as getting pre-approval (where your loan is "approved" based on certain conditions such as loan value) right through to settlement.

We also provide a home loan health check further down the track. After the ‘health check’ we may find ways to help you reduce your repayments, unlock the equity in your home, or consolidate debt. And if you need to refinance should your objectives or financial circumstances change, we can do that too.

The earlier you contact us the better off you could be!

Resources to Help You
How else we can help you

CENTRA MONEY Pty Ltd (ABN 96 167 497 305) is a Credit Representative (#452523) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237) and trades as CENTRA MONEY. It is part of "The CENTRA WEALTH Group" | www.centrawealth.com.au.