At Connecting Finance, we’re experts in the field of lending!

We provide solutions for all your lending needs, including residential homes; investment properties;
commercial and business loans; car and equipment leases and Self Managed Super Fund loans.
Read below for our Frequently Asked Questions or get in touch for any further queries.

What does a mortgage broker normally do?
Mortgage Brokers work to find a great loan for your and your circumstances. Whether you’re looking for a residential home loan, investment home loan, SMSF loan, business loan, commercial loan or car loan, mortgage brokers work on your behalf to identify a great loan from multiple lenders. At Connecting Finance we have access to over 40 lenders & a strong understanding of the banking industry so we can find a great loan for you. We guide you through every step of the loan process and even work to ensure everything is set up as it should be once the loan is in place.
Is it worth getting a mortgage broker?
It’s definitely worth engaging a mortgage broker as they’re not tied to one specific lender and they’re paid by the bank, not by you. Mortgage Brokers such as Connecting Finance have access to different loans from multiple lenders so they can identify and negotiate (or renegotiate) a great loan for you from across the market.
Do I have to pay a mortgage broker?
No, you don’t have to pay mortgage brokers, mortgage brokers are paid by the bank or lender, not by you! From initial meeting to final settlement and any loan reviews, all costs are paid by the banks or financial institution so it’s one less cost for you to think about.
How many types of mortgages are there?
The main types of mortgages & home loans in Australia are fixed rate and variable rate mortgages. Typically an Australian mortgage term is for up to 30 years. With a fixed loan, borrowers can lock in the interest rate on their loan for an agreed period of 1 to 5 years. With variable loans repayments change from month to month in line with any interest rate movement. Additional mortgage and home loan features include redraw facility, offset accounts, interest only repayments, and it’s also possible to negotiate a repayment holiday for a short period if your circumstances change such as parental leave or if you’re in between jobs.
What type of loan is best for buying a home?
The best type of loan is one that suits you, your family and your business! At Connecting Finance we consider your personal circumstances, financial situation and goals as well as the market situation, so we provide an exceptional loan experience for every customer, every time.
Are mortgage brokers better than banks?
Because mortgage brokers are not tied to a bank or financial institution, mortgage brokers review loans from right across the market rather than being restricted to their own loans as banks are. This means we’re well positioned to negotiate and secure a great loan which is tailored to you and your needs.
What type of loan is easiest to qualify for?
If you’re a first home buyer in NSW there are lots of ways we can help you to qualify for a loan and get into your new home sooner. The NSW government has a first home buyers grant on offer and you won’t pay stamp duty on properties which are under $650,000, with discounted stamp duty for properties from $650,000 to $800,000. There are also ways that family members can help with a deposit or through a parental guarantee, using equity from their own home. At Connecting Finance we’ll work with you to understand the easiest loan for you to qualify for and to ensure you can meet ongoing costs and requirements.
How much deposit do you need for a home loan?
In NSW the minimum home loan deposit is 5%, however most financial institutions require 10%. If your home loan deposit is under 20% then you will need to pay for mortgage insurance. When it comes to determining how much you have for a home loan deposit, we can work with you to consider your savings, review your financial situation and home loan costs and repayments.
Is the first home buyers grant still available in NSW?
The first home owners grant is still available in Australia in 2022. If you’re buying your first home or buying land to build a home then you may be eligible for the NSW first home owners grant of $10,000. You may also be eligible for stamp duty under the first home buyers assistance scheme.
Do mortgage brokers get lower rates than banks?
Mortgage Brokers can secure lower interest rates because mortgage brokers have access to loans from many different lenders, and the ability to negotiate across those banks and lenders on your behalf. While a bank has a suite of loans on offer, mortgage brokers review their loans as well as loans from their competitors and other financial institutions to recommend a loan with low rates and optimal terms. At Connecting Finance we have access to over 40 lenders so we’re always reviewing and comparing the best loans in the market – from across banks and other lenders.

3 Reasons to Choose Us

With over 15 years’ experience in the banking industry, we know how banks work and will secure the best loan for you!

We put our customers first & will guide you through every step of the loan process from our first conversation until settlement, and we even follow up to make sure everything’s as it should be

We are a boutique mortgage broking company that has been built on trust and integrity.

We were in need of finance for an investment property and were initially using a different company who told us "Sorry, you can't afford it, it's not possible." In a panic we found Jenny at Connecting Finance, SHE IS AMAZING she did more in 48 hours than the other company managed to get done in 6 months, sent our application off and got it approved. Trustworthy and amazing customer service, would 100% recommend to everyone because they get the job done.

Benn Hallman

Connecting Finance
5
2020-10-14T20:58:31+11:00

Benn Hallman

".... Jenny at Connecting Finance, SHE IS AMAZING she did more in 48 hours than the other company managed to get done in 6 months, sent our application off and got it approved."
Buying our first home seemed like an impossible mission at the start. Everyone knows buying your first home can be a very tedious and daunting task.

However, Sue Wilson made this mission seem effortless! Sue worked around the clock always available to answer any questions we had. She gave us multiple options and explained each in detail. We were always in the loop and knew exactly what was happening.

We can not thank Sue enough for all her help and communication and will definitely be using her in the future.

Connecting Finance
5
2022-03-30T19:35:47+11:00
Buying our first home seemed like an impossible mission at the start. Everyone knows buying your first home can be a very tedious and daunting task. However, Sue Wilson made this mission seem effortless! Sue worked around the clock always available to answer any questions we had. She gave us multiple options and explained each in detail. We were always in the loop and knew exactly what was happening. We can not thank Sue enough for all her help and communication and will definitely be using her in the future.
I reached out to Geoff and Jenny as a very nervous (and occasionally teary) first-home buyer with no idea about finance or where to start. Geoff and Jenny are a remarkable team and provide expert advice with a personal connection. Jenny was so kind and approachable for the get-go, her communication was impeccable- always prompt, no jargon and always professional. She took the time to explain many concepts that were way over my head and no question was ever too silly. I felt respected and valued throughout the entire process and I am so grateful to have been supported by Jenny. I would highly recommend her services to anyone and everyone. Thank you so much Jenny - I am forever grateful!

Angela McCoy

Connecting Finance
5
2020-10-14T21:00:41+11:00

Angela McCoy

Geoff and Jenny are a remarkable team and provide expert advice with a personal connection.
Geoff and his team are fantastic. So easy to work with, always keep you updated with what's happening, hold your hand through onboarding, explain everything in plain english, unravelling all the complexities of mortgages... I was saying to Geoff before we finished refinancing our properties that I wish I could buy more properties so we could work together again - he'll be the first person I call next time I buy a property. Cannot more highly recommend him and his team.

Vanessa

Connecting Finance
5
2019-02-27T23:07:02+11:00

Vanessa

Geoff and his team are fantastic. So easy to work with, always keep you updated with what's happening, hold your hand through onboarding, explain everything in plain english, unravelling all the complexities of mortgages... I was saying to Geoff before we finished refinancing our properties that I wish I could buy more properties so we could work together again - he'll be the first person I call next time I buy a property. Cannot more highly recommend him and his team.
We are beyond happy with the service Sue has provided us. Sue really went above and beyond and made herself available for every phone call, email or question we had. Sue really looked after our needs and understood our financial situation making the dream of buying our first home a reality. Sue provided us with expert advice and was really with us every step of the way. We highly recommend working with Sue! We cannot thank Sue enough for everything she has done and will be working withConnecting Finance for all future business.

Breanna Edwards

Connecting Finance
5
2022-05-18T14:25:00+10:00

Breanna Edwards

We are beyond happy with the service Sue has provided us. Sue really went above and beyond and made herself available for every phone call, email or question we had. Sue really looked after our needs and understood our financial situation making the dream of buying our first home a reality. Sue provided us with expert advice and was really with us every step of the way. We highly recommend working with Sue! We cannot thank Sue enough for everything she has done and will be working withConnecting Finance for all future business.
Great work - absolutely got us the best deal. Saved us thousands every year in renegotiating our home loan.

Matt

Connecting Finance
5
2019-02-27T23:01:50+11:00

Matt

Great work - absolutely got us the best deal. Saved us thousands every year in renegotiating our home loan.
Geoff Bell, from day one did more than anyone would expect of him, we put some difficult tasks to him, of which he was able to fulfil, all of those deals have now been put into place...... we have a would highly recommend his services ...

Denise & Phil

Connecting Finance
5
2019-02-27T23:05:30+11:00

Denise & Phil

Geoff Bell, from day one did more than anyone would expect of him, we put some difficult tasks to him, of which he was able to fulfil, all of those deals have now been put into place...... we have a would highly recommend his services ...
Great service, Geoff will go above and beyond to find the best financial products for you- Highly recommend

Joy

Connecting Finance
5
2019-02-27T23:06:18+11:00

Joy

Great service, Geoff will go above and beyond to find the best financial products for you- Highly recommend
Geoff has been an amazing Mortgage Broker for my family, friends and I, having organised several loans for us. He is honest understanding and down to earth. Geoff makes the stressful process of buying a property easy. I whole heartedly recommend Connecting Finance.

Adrian

Connecting Finance
5
2019-02-27T23:08:18+11:00

Adrian

Geoff has been an amazing Mortgage Broker for my family, friends and I, having organised several loans for us. He is honest understanding and down to earth. Geoff makes the stressful process of buying a property easy. I whole heartedly recommend Connecting Finance.
Geoff and his team have been so helpful in providing the best financial solutions tailored to meet our needs and we are more than happy to recommend his services to anyone else seeking financial advice.

Helen

Connecting Finance
5
2019-02-27T23:08:59+11:00

Helen

Geoff and his team have been so helpful in providing the best financial solutions tailored to meet our needs and we are more than happy to recommend his services to anyone else seeking financial advice.
Geoff really helped us throughout our buying process! Cannot recommend Connecting Finance enough!

Mike

Connecting Finance
5
2019-02-27T23:09:49+11:00

Mike

Geoff really helped us throughout our buying process! Cannot recommend Connecting Finance enough!
Geoff Bell is a professional at all times but also easy-going and easy to get along with. He will inform you every step of the way in the loan process and answer any questions you have. I would recommend Connecting Finance with Geoff at the helm.

Chris

Connecting Finance
5
2019-02-27T23:10:54+11:00

Chris

Geoff Bell is a professional at all times but also easy-going and easy to get along with. He will inform you every step of the way in the loan process and answer any questions you have. I would recommend Connecting Finance with Geoff at the helm.
Friendly, helpful and professional service! Can't recommend Geoff and his team highly enough. Thank you!

Kara

Connecting Finance
5
2019-02-27T23:01:10+11:00

Kara

Friendly, helpful and professional service! Can't recommend Geoff and his team highly enough. Thank you!
Friendly professional service. Geoff and his team assisted us with a complicated finance scenario in a very challenging financial market. Highly recommend Connecting Finance!

Diana

Connecting Finance
5
2019-02-27T23:03:15+11:00

Diana

Friendly professional service. Geoff and his team assisted us with a complicated finance scenario in a very challenging financial market. Highly recommend Connecting Finance!
Geoff is amazing at what he does! It is so wonderful to work with an ethical and supportive finance person. We have been working with Geoff for the last 5-6 years and will continue to do so well into the future. I can't recommend him enough!

Emma

Connecting Finance
5
2019-02-27T22:58:42+11:00

Emma

Geoff is amazing at what he does! It is so wonderful to work with an ethical and supportive finance person. We have been working with Geoff for the last 5-6 years and will continue to do so well into the future. I can't recommend him enough!
Jenny has help us obtain our dream home and my husbands dream car! Communication was beyond what we have experienced previously. Highly recommend Connecting Finance for all your financial dreams.

Nikki Rhodes

Connecting Finance
5
2020-10-14T21:03:41+11:00

Nikki Rhodes

Highly recommend Connecting Finance for all your financial dreams.
I'd like to give my thanks to Jenny & the team at Connecting Finance Engadine. A thoroughly professional service and Jenny was an absolute pleasure to deal with. Would we engage Connecting Finance again? 100% yes!

Steve Carline

Connecting Finance
5
2022-03-30T19:33:14+11:00

Steve Carline

I'd like to give my thanks to Jenny & the team at Connecting Finance Engadine. A thoroughly professional service and Jenny was an absolute pleasure to deal with. Would we engage Connecting Finance again? 100% yes!
Geoff went above and beyond for us as 1st home buyers, 18 months later and connecting finance have continued negotiating discounted rates for us

Jessica Stinson

Connecting Finance
5
2022-03-30T19:34:21+11:00

Jessica Stinson

Geoff went above and beyond for us as 1st home buyers, 18 months later and connecting finance have continued negotiating discounted rates for us
Geoff and the team at Connecting Finance have always gone above and beyond with any of our loan needs. Not only have they been able to get us amazing deals on our loans (saving us a lot of money in interest and fees) but have made the whole process stress-free. We go straight back to Geoff with any questions about our loans as we know we're going to get the most honest and helpful information for our needs. Thank you Connecting Finance!

J & J Stoeckel

Connecting Finance
5
2022-05-18T14:23:22+10:00

J & J Stoeckel

Geoff and the team at Connecting Finance have always gone above and beyond with any of our loan needs. Not only have they been able to get us amazing deals on our loans (saving us a lot of money in interest and fees) but have made the whole process stress-free. We go straight back to Geoff with any questions about our loans as we know we're going to get the most honest and helpful information for our needs. Thank you Connecting Finance!
Geoff helped us get an excellent rate and more than enough to build our dream home. I can’t recommend Connecting Finance highly enough.

Mark

Connecting Finance
5
2019-02-27T23:04:10+11:00

Mark

Geoff helped us get an excellent rate and more than enough to build our dream home. I can’t recommend Connecting Finance highly enough.
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Connecting Finance