Frequently Asked Questions

For residential home loans, we don't charge you any fees. We're paid a commission by the lender after your loan settles. This is fully disclosed in our compliance documentation. This commission does not influence your interest rate or loan terms.

For commercial, business, or SMSF loans, a brokerage fee may apply depending on the complexity of the transaction. Any applicable fees are always discussed and agreed upon upfront, ensuring complete transparency.

While based in Sydney, we work with clients across Australia. We also assist expats and foreign buyers interested in acquiring property within Australia.

Absolutely! At Veritas Financial, we specialise in helping clients who face challenges with traditional lenders or have had their loans declined. We work with a wide network of lenders, including major banks, second and third-tier lenders, and private funders. This allows us to explore creative solutions and match you with the most competitive product tailored to your unique circumstances.

Most lenders require at least 10-20% of the property's purchase price as a deposit. However, some loans, like those for medical professionals, may allow deposits as low as 5% or even 0%. In many instances, a trusted family member can provide additional security to help support your application. In these instances, you may be able to borrow the full purchase price plus stamp duty.

The timeframe varies depending on the type of loan and lender. On many occasions, our team has obtained loan approvals within hours. However, most lenders typically require a few days to assess applications. For more complex loans, the process may take a few weeks. We always take into consideration any specific deadlines relevant to your situation.

As mortgage brokers, we have access to a wide range of lenders and loan products, allowing us to find the best deal for our clients. We offer expert advice tailored to your needs, save time by handling paperwork and liaising with lenders, and often secure better rates. We also provide ongoing support throughout the loan process. Plus, our services are often free to the borrower, making us a cost-effective choice.

Low-doc loans are designed for self-employed individuals or those with non-traditional income streams. They require less documentation than standard loans, but interest rates may be slightly higher.

Private loans are offered by private lenders rather than traditional banks. They are typically used for short-term needs, such as bridging finance, and may have more flexible terms but higher interest rates.

Business loans can fund various needs, including purchasing equipment, expanding operations, managing cash flow, or hiring staff.

Equipment finance allows businesses to purchase machinery, vehicles, or technology without paying the full cost upfront. You repay the loan over time, with terms tailored to your cash flow and budget.

Yes, you can use your Self-Managed Super Fund (SMSF) to purchase investment properties, provided it aligns with your fund’s investment strategy and complies with superannuation laws. SMSF can only purchase properties intended for investment purposes, not personal use.