Blog

Finding the right loan

mortgage loan

Whether you are buying your first home, purchasing an investment property, refinancing an existing property or simply looking to switch your current home loan and get a better rate, Arafura Finance Brokers tailor our service to your own needs.

With all the professionals under one roof, you’ll be guided smoothly through the entire process to help you find the right home loan.

Tags: 

How to purchase an investment property

Darwin investment property with pool

Step 1: Speak to an MFAA Accredited mortgage broker

When considering an investment property, your first port of call should be your finance broker.  An MFAA Accredited Mortgage Broker can help you achieve your investment property goals.  They will review your assets and liabilities to determine how much you can borrow, which will, in turn, give you a general idea of your target price range, so you can narrow your property search within your purchase budget.

Tags: 

Understanding your borrowing capacity

Darwin elevated home

If you’re on the hunt for a new home, the term ‘borrowing capacity’ is something you’ll want to familiarise yourself with.

It’s a crucial factor in the world of home loans, so let’s dive into what it means, how lenders determine it, and how it affects your finance application.

What is Borrowing Capacity?

Essentially, it is the maximum loan amount a lender is willing to offer based on your finances. 

It’s the key to your home loan application, determining the highest funds available for your property purchase.

Tags: 

Avoid confusion about home loan pre-approvals

House for sale by auction

Confused about home loan pre-approvals? Here’s everything you need to know before you start house hunting.

What information do you need?

First, your broker will want to build a comprehensive picture of your finances. To do this, you’ll need to provide evidence of everything including:

Tags: 

How a guarantor can help you secure finance

82 Bonson Terrace Moulden

When you’re desperately trying to save up a deposit for a home and just see the prices of property climbing and climbing, it’s difficult to remain patient. But there is another way: a guarantor can help.

If you don’t have a substantial deposit for a home loan, there are still a number of ways to obtain credit. These are known as family pledges and there are two types available to borrowers: service guarantees and security guarantees.

Tags: 

Dealing with troublesome tenants

82 Bonson Terrace Moulden

It’s important to look after the tenants in your investment property – it encourages them to stay long term and take care of your property. So how can you keep your tenants happy? By treating your property like a business and your tenants like valued customers.

Tags: 

Three questions to ask before you refinance

Older Man and Woman

Three Questions To Ask Before You Refinance Your Home Loan

The home loan market is constantly changing, with new and attractive deals coming up all the time. Refinancing can help you secure a more competitive interest rate, access the equity in your home, add features (such as an offset account) or consolidate your debts, but there are some important questions to consider before you get the ball rolling.

Tags: 

Why brokers hold the keys to getting your foot in the property door

Man Woman Keys

Getting a foot in the door of your dream home might be getting harder, but talking to a mortgage broker could get you the keys more quickly.


Purchasing a property in today’s housing market is not for the faint-hearted. Would-be home buyers have only to turn on their TV – or check Facebook or Twitter – for the latest news informing them that their dream home is slipping further out of reach.

Tags: 

What to consider when buying a second property

What to consider when buying a second property

Buying your own home remains the great Australian dream – and purchasing a second property may help you take your wealth further. Whether you’re building your property investment portfolio, buying a holiday house or supporting a family member, there are plenty of things to think about before you take that next step.

Tags: 

Case study: buying my first home

Nick Kirlew Darwin Mortgage Broker

Purchasing her first home could have been a complex task for Lydia, who spent most of the year out of town, leaving little time to search for properties.

Lydia asked mortgage broker Nicholas Kirlew, of Arafura Finance Brokers Darwin, for help with a particular challenge in finding her first property – she was away from her home base for much of the year, so she didn’t have time to look for properties every weekend.

Tags: 

Pages

Subscribe to RSS - Blog