What If We Finance FAQ’s

Questions and answers are outlined below to some of the most common items mortgage broker What If We Finance encounters. Contact us for more information or if you have a question we have not answered.

Home Loan FAQ

How do I apply for a loan?
Your mortgage broker will complete all the requirements and applications to ensure your home loan has the optimum chance of success.
Do I have to pay my mortgage broker?
At What If We Finance, our services are free! We are paid by the lender of your choice. We go to great lengths to ensure you get the best deal. This ensures you not only experience great service, but you also save money.
Why do I need a mortgage broker?
Mortgage brokers identify loans that meet your needs and then compare terms and rates so you don’t have to. They offer mortgage products from a wide network of lenders, giving you access to a greater range of products than loan officers.
What is the first home owner grant (FHOG)? Am I eligible for it?
Funded by the Federal Government, the FHOG scheme is administered through each state. The amount available ranges from $7,000 to $26,000, depending on the state you live in. For residents in Victoria, find more information here.

To be eligible for FHOG, you and your spouse should not have previously claimed the grant or owned a home.
Which loan is right for me?
What If We Finance will help you find which of the hundreds of home loans will best fit your needs. It’s our passion to be strategic and ensure you get the perfect home loan for your unique situation.

Homepage FAQ

Does What If We Finance provide an ongoing service or do you just help me get to settlement?
At What If We Finance, we don’t forget you after your loan has settled. We will continue to be there for any concerns or queries on your part. We can also help you switch products or modify your loan. Each year, we review your loan to see if it still suits your needs. If it doesn’t, we do our best to negotiate and secure a better rate from your lender.
Does What If We Finance charge fees?
Our services are completely free of charge. We are paid a fixed commission fee by the lender of your choice, fully disclosed to you.
What makes What If We Finance different?
We are available 7 days a week to meet and discuss your needs. We can meet anywhere convenient to you: be it at your home or in our CBD office during business hours. We also hold our own accreditation with the Mortgage Finance Association of Australia and Credit License with ASIC.
Why use a mortgage broker?
A mortgage broker helps you save both time and money. They provide you with access to different lenders, rates and loan types — offering you options that a traditional bank cannot. Once you choose a loan that suits your specific needs, a mortgage broker ensures things happen on time and you’re fully informed at every step of the process.
What is a mortgage broker?
A mortgage broker is a middleman or an intermediary – helping you arrange a mortgage with a lender. They use their expertise and tools to source competitive rates and ensure a smooth process to settlement. A mortgage broker always acts in the borrower’s best interests – understanding your situation and needs before narrowing down your mortgage options.

Property Investment FAQ

How do I know which loan is best for my needs?
This is best answered by one of our mortgage brokers. Contact us today and we will source the most suitable deals for you on the market.
How much will I need for a deposit?
This depends on your situation and how each lender assesses your capacity to borrow. Some banks only require a 5% deposit if you have a good credit history, a stable job and your income are sufficient to cover the loan repayments.
Will there be support available for me in case my financial situation changes?
At What If We Finance, we offer ongoing service to ensure your loan can change to meet your needs. We don’t forget you after your loan has settled. We can help you modify your loan or switch products to secure rates that work better for you.
What does a mortgage broker do?
We act as the middleman between you as a borrower and various lenders. Our role is to assess your personal situation, find the best loan product for your needs and goals and then negotiate the loan’s successful approval and settlement.
Why should I invest in property?
Property investment is a tested and proven investment option that is more stable and predictable compared to many other investments. Unlike the stock market, property values fluctuate rarely and most often increase. You’re likely to benefit from stable cash flow from rent payments and a good return on your investment.
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