SW Brokerage FAQs
What is a Mortgage Broker?
A mortgage broker is a licensed financial professional who helps borrowers find and secure the right home loan by comparing loans across a range of lenders. Rather than offering finance directly, mortgage brokers assess your financial situation, goals, and eligibility, then recommend the most suitable loan based on your financial situation. Mortgage brokers also manage the loan application process, handling paperwork, liaising with lenders, and guiding you through to settlement.
How is SW Brokerage Different From Other Mortgage Brokers?
SW Brokerage stays in contact with you throughout the entire loan application and through to the settlement. SW Brokerage mortgage brokers are committed to supporting you after the settlement too, with annual check-ins and personalised financial guidance. Our mortgage brokers also act as a financial concierge, connecting clients with trusted accountants, solicitors, financial planners, and buyer’s agents.
What is a Self Managed Super Fund?
A Self Managed Super Fund, or an SMSF, is a type of super fund that is managed by the client where the client is the trustee. This allows the client to have more financial autonomy when it comes to managing investments. You can also hire a financial advisor who can help manage the SMSF.
What is an SMSF Loan?
An SMSF loan is a limited recourse borrowing arrangement (LRBA) that your superfund enters in order to purchase property as an investment property.
What is The Average Return on Investment With an SMSF?
The annual growth rate for residential properties in Australia since 2004 is 6.0% with more data to come on recent property growth rates.
Why is an SMSF better than a traditional super fund?
Traditional super funds don’t allow you the flexibility and autonomy that an SMSF can provide. Setting up an SMSF is a great way to access funds to invest in residential or commercial property.
Home Loan Mortgage and Residential Lending
Does SW Brokerage Help First Home Buyers?
SW Brokerage specialises in supporting first time home buyers by simplifying the home loan process, helping you understand your borrowing capacity, and guiding you through every step until (and after) the loan settlement.
How to Refinance a Home Loan?
SW Brokerage home loan refinancing involves replacing your existing mortgage with a new one. Potentially at a better rate or with improved features. SW Brokerage compares lender products to find the best fit and handles the paperwork on your behalf.
How to Apply for a Home Loan with SW Brokerage?
You’ll typically need proof of income (such as payslips), identification, bank statements, and evidence of assets and liabilities. SW Brokerage streamlines the process of applying for a home loan to make it as painless as possible.
Do SW Brokerage Provide Loans for Home Renovations?
Yes, our brokers can help you refinance your mortgage to help fund your home renovations and improvements. Our experienced brokers can help you determine how much funding you are eligible to access for your home renovations or upgrading your family home.
Do you help find and lease the property?
Our trusted partners with SW Capital can help clients find and lease their investment properties, supporting you at every step of the investing process.
Business and Commercial Lending
What Business Loans do SW Brokerage Offer?
SW Brokerage provides small business loans, refinancing, ATO debt pay out support, business acquisition loans, and commercial property loans. Our brokers also assist with equipment and vehicle finance.
Do SW Brokerage Provide Small Business Loans?
Whether you’re launching a new business or expanding an existing one, SW Brokerage helps navigate the lending landscape and connects you with finance that matches your goals.
What Can I use a Commercial Loan For?
Commercial loans may be used for purchasing retail, industrial, or office property, refinancing existing facilities, funding development, or even acquiring business assets.
Does SW Brokerage Offer Cash Flow Lending?
Medical Loans and Medical Financing
What Loans can Medical Professionals Access Through SW Brokerage?
At SW Brokerage, we offer a full suite of financial solutions for healthcare professionals. Whether you’re looking to purchase your first home, invest in property, acquire or expand a medical practice, fit out a new clinic, purchase specialist equipment, or refinance existing debt. We also provide SMSF lending options for professionals looking to grow long-term wealth through property investment.
What is an LMI Waiver for Health Professionals?
An LMI waiver for health professionals refers to a special lending policy offered by select banks and lenders that allows eligible medical professionals to avoid paying Lenders Mortgage Insurance (LMI), even when borrowing more than 80% of a property’s value.
Why do Banks Offer Special Loan Terms for Medical Professionals?
Lenders recognise that medical professionals typically have strong income potential and low default risk. As a result, they often offer more favourable lending policies, such as higher LVRs without LMI, better interest rates, and more flexible terms. At SW Brokerage, we leverage our relationships with our network of lenders to ensure you benefit from these exclusive offerings and tailoring them to your long-term financial strategy.
Can SW Brokerage Help with Home Loans for Doctors?
Absolutely. At SW Brokerage, we understand that your financial needs often overlap between personal and professional goals. We can support you with both residential lending and commercial lending, cash flow lending, ATO debt repayment, equipment finance and more.
Can I get Help with my SMSF Loan as a Medical Professional?
Yes. Many of our medical clients use Self-Managed Super Funds (SMSFs) to purchase commercial or residential investment properties. We offer SMSF lending solutions specifically for medical professionals, with guidance through setup, structuring and compliance.