Matt Hanrahan - Mortgage Broker Doncaster, Glen Waverley, Mulgrave

Mobile: 0412 715 280 Phone: +61 3 9540 3555 Fax: + 61 3 9540 3855
Business address: 1/879 Springvale Road, Mulgrave, Victoria 3170
Trading entity: Nova Orsa Pty Ltd
Contact: Matt Hanrahan, mortgage broker

With more than 10 years experience in the finance industry, I have the knowledge and contacts to present you with a choice of lenders to suit your individual requirements, whether you are a first time buyer, looking to refinance or are an experienced investor. I will explain the process and assist you in obtaining a home loan, with the aim of assisting you to achieve your immediate and future finance goals.

First home buyers

First home buyers come with varied levels of knowledge and different borrowing requirements, but they all have one thing in common – they’re making what’s likely to be the biggest financial commitment of their life so far. In making such an important decision, having a qualified and experienced expert on their side to talk them through the process is paramount. I pride myself in making this time a stress-free and momentous occasion for first home buyers, by arming them with the information they need to make a confident decision. 

Investment loans

If building a property portfolio is your goal, you will need to ensure each of your loans is structured appropriately. I have a great deal of experience in writing investment loans and will thoroughly ascertain your plans for the future before showing you all of your options. Property investment can be a brilliant wealth creation vehicle when done correctly.

Construction loans

A construction loan is slightly different a standard home loan, in that payments usually need to be made throughout several stages of the construction period. I will help you find the right lender and complete the application for your construction loan, then continue to liaise with the lender on your behalf throughout the construction period to ensure each release of finance does not delay the construction of your property.

Personal and leasing finance

If you need an additional personal loan or finance to purchase a car, I will assist you to find a solution that suits your financial situation. Your options include using the equity in your property to secure additional funding via your home loan, a secured or unsecured personal loan, or a specialised car loan.

Real estate expertise

Securing  your finance by the specified time is extremely important when it comes to purchasing property. I work closely with several real estate agents and understand the process involved. I will work with your chosen real estate agent to ensure your home loan is secured on time.

Home loan types

Fixed rate home loans – A fixed interest rate home loan is usually taken out for a specified period of time. After this time, the home loan reverts back to a variable loan, usually a standard variable.

Variable rate home loans – A variable interest rate home loan is determined by the changes in lenders’ interest rates and the amount owing on your property. If the interest rates go up or down, so too will your repayments.

Split home loans – A split loan means you may have part of your home loan with a fixed interest rate and the remaining part with a variable interest rate. You can choose the percentage of each side you would like fixed and variable, as long as the minimum fixed amount is covered.

Interest-only home loans – Only the interest portion of your home loan is payable, meaning the principal remains at the full balance. The interest-only period of the home loan is generally available for up to 10 years and may be extended upon application.

Line of credit home loans – A line of credit loan allows you to borrow money up to an agreed limit, which you can access as required. A line of credit loan is generally arranged before the funds are actually required, meaning extra flexibility for the customer in that it ensures the ability to make cash available in the short-term.

Lo doc loans – A low doc home loan is short for a low documentation home loan. These loans are mostly taken out by the self-employed or people who cannot provide full financial statements or other solid evidence of their income.

Introductory home loans – The introductory rate home loan is also sometimes known as the ‘honeymoon rate’. This type of loan has a short period, normally 6 to 12 months, where the variable interest rate is set at a reduced level from the standard variable interest rate available from the lender.

Construction loans – A construction loan generally involves draw down payments, where you pay in instalments after a body of construction work is complete (e.g. after foundations have been laid).

Relocation loan – A relocation loan, or bridging loan, is a short-term loan which is often used when a person is in the process of selling one property and purchasing their next.

Seniors equity release loans – This type of loan is also known as a ‘reverse mortgage’ and is suitable for people aged 60 or over, who own their own home and would like to access the equity in their home as cash.

Melbourne East customers

I give personalised service and travel to customers in and around the south east Melbourne area, including Doncaster, Templestowe, Warandyte, Box Hill, Nunawading, Forest Hill, Vermont, Mount Waverley, Mulgrave and Notting Hill.

 

For more information on home finance or to talk to Matt Hanrahan

Contact Matt Hanrahan, or call us any time on 13LOAN

• State: Victoria, VIC
• Broker region: Melbourne East
• Suburbs: Doncaster, Glen Waverley, Mulgrave
• Matt Hanrahan provides mortgage broking services in suburbs including but not limited to: Doncaster, Templestowe, Warandyte, Box Hill, Nunawading, Forest Hill, Vermont, Mount Waverley, Mulgrave, Notting Hill

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