Home loans

The right home loan depends on more than the interest rate.

Whether you're buying your first home, refinancing, investing or planning your next move, the right lender and loan structure will depend on your circumstances and what you're trying to achieve.

Greenfield Finance helps you understand your borrowing position, compare lender options and make sense of the differences so you can make a confident decision.

 Buying your first home comes with plenty of questions.

We can help you understand what you may be able to borrow, the deposit and purchase costs to plan for, first home buyer support that may be available and how pre-approval works.

The aim is to give you a clear picture of your position before you start making serious offers.

A home loan that suited you a few years ago may not be the best fit today.

We can review your current rate, repayments, features and loan structure and look at whether refinancing or negotiating with your existing lender makes sense.

A refinance can also be an opportunity to consolidate debt, access equity or restructure your lending around what you're planning next.

Changing lenders comes with costs, so we look at the numbers rather than assuming a lower advertised rate automatically means a better outcome.

Investment lending should be considered in the context of the property you're buying, your cash flow and your future plans.

We can help you understand your borrowing capacity, lender options, the use of available equity and different repayment structures.

If you're planning to build a property portfolio, it's also worth thinking beyond the next purchase. The lender and structure you choose today can affect the options available later.
 

If you want to buy before your current property is sold, bridging finance may help manage the timing gap.

The lender will look at your existing property and debt, the new purchase, expected sale proceeds and the debt likely to remain after your existing property is sold.

We can work through the numbers and lender requirements before you commit to a purchase, including what happens if your property takes longer to sell or sells for less than expected.

Construction lending works differently from a standard home loan because funds are generally released progressively as the build proceeds.

The lender will usually need to consider the building contract, plans, costs, valuation and the amount you're contributing.

We can help you understand what needs to be in place before construction starts and how the lending will work during the build.

A lender is trying to understand whether you can comfortably repay the loan and whether the application fits its lending policy.

They will generally consider your income, living expenses, existing debts and credit limits, deposit or available equity, credit history and the property being offered as security.

But lenders don't all assess these things in exactly the same way.

This is why an online borrowing calculator can be useful as a starting point, but it can't tell you exactly how much every lender will be prepared to lend or which lender is the right fit for your situation.

You don't need to know which lender you want or exactly how the loan should be structured before you speak to us.

Tell us what you're planning and we can work through your position, the options available and what needs to happen next.