Home Loans

Loan dreams made easy

Home Loans | Refinancing | Investing

Home Loans

Whether you're looking to refinance, invest or buy your first home, we'll find the loan that's right for you.

Backed by a wide range of lenders, we've got access to competitive rates, lending resources and products to optimise your repayment amounts and support your journey at every stage.

BCP has been helping home owners, renters and investors for over 25 years. We’ve successfully funded every kind of home loan, including:

Our Loan Process

1. Analyse
your needs

We get to know you, your current needs, home dreams and future goals.

2. Build a
strategy

We discuss your current position, overheads and expenses to build a loan strategy that works best.

3. Explore your options

We explore options across the loan market to identify your borrowing capacity and repayment structure.

4. Secure your funding

We provide expert advice and guidance every step of the way to secure the loan that’s right for you.

Find the loan that’s right for you

Home Loans

Get pre-approved and purchase with confidence, find a flexible loan solution that's right for you.

Refinancing

Get a better interest rate and loan structure for your existing home.

Investing

Grow your wealth portfolio and optimise your return.

Frequently Asked Questions

A home loan is money borrowed from a lender to buy a house. You pay it back over time, including both the borrowed amount and interest. Eventually, you become the property owner.

Interest: When you borrow money for a home, the lender charges you interest. This is the cost of borrowing. The interest rate can be fixed (stays the same) or variable (changes over time). It’s essential to understand the interest terms before signing the loan agreement.

Loan Types: There are many types of home loans, such as fixed-rate, adjustable-rate, and government-assisted loans. Each has its pros and cons, so it’s crucial to choose the one that suits your financial situation.

Remember, the property you’re buying serves as collateral for the loan. If you fail to repay, the lender can take possession of the property.

A home loan is a significant commitment, so it’s essential to research, talk to your broker compare options, and make an informed decision.

To buy a home, you typically need a minimum deposit of 5% of the property’s value. Here’s how it works:

Minimum Deposit: Most lenders (including major banks) accept a 5% deposit if you’re willing to pay lender’s mortgage insurance (LMI) and have a strong application. This means having a good credit score, steady income, and solid employment history. This type of loan is called a low-deposit home loan.

Avoiding LMI: To avoid LMI, aim for a deposit of at least 20% of the property’s value. Lenders generally consider loans with an LVR (loan-to-value ratio) over 80% to be riskier.

The amount you can borrow varies depending on a range of factors, like your income, credit score and debt-to-income ratio. Estimate your borrowing capacity now with our Borrowing Calculator.

It’s tough to determine which bank is right for you. Many banks offer loan products you may not know about or have access to without Broker assistance.
That’s why we offer a free home loan health check to discuss your current situation and future aspirations to help you make the right choice.

A refinance involves replacing your current mortgage with a new one. It’s typically done
to get a lower interest rate, change loan terms, or access home equity. Refinancing can save you money or help with home improvements. Discover your refinance options.

Rates vary from lender to lender and can differ based on the type of loan and your qualifications. Discover your options by chatting with our brokers today.

A mortgage broker acts as a bridge between you (the borrower) and the lender (the bank) to help you secure the best loan for your needs. Unlike a bank, mortgage brokers have access to a wide pool of lenders they can choose from and often find better deals than if you approached a bank directly. Mortgage brokers save you time by handling the comparisons and applications and understand the market dynamics to help you make informed decisions. Learn about our brokers and discover your options, today.

Stamp duty is a tax that buyers pay when they engage in specific transactions, such as purchasing property. Unlike the seller, the buyer is responsible for paying this tax. The rates differ across states, and some states provide special benefits or concessions to first-time homebuyers.

The First Home Owner Grant is a one-off payment to encourage and assist first-home buyers in purchasing or building a new residential property. The grant voids stamp duty and LMI costs to make entering the market more achievable. The grant amount varies by state and territory. Talk to a broker to discuss your options.

Our brokers are available after hours, both in-person and over the phone, at a time and place that best suits you. Unlike your bank, we’re flexible to your schedule and can even come to you. You’ll never wait on hold, or talk to multiple people. We’re here when you need us, as it should be.

Mortgage Brokers:
Have access to multiple lenders and rates, and can compare rates and loan products for you across the board.
We work closely with you to understand your needs, and you will always have a single dedicated broker for your loan.
There’s no cost to you, we don’t take upfronts and there are no hidden charges. Chat with us today to see how we can help you.

Banks:
Banks are a single lender with restricted rates. They have loan products, but can only offer their own, not any from other banks.
Banks make you wait on hold, then talk to a computer. Your loan manager may also change multiple times over the course of your interaction. Banks will charge management fees and there are  hidden costs that can pop up along the way.

1. ANALYSE YOUR NEEDS
We get to know you, your current needs, home dreams and future goals.

2. BUILD A STRATEGY
We discuss your current position,
overheads and expenses to build a loan strategy that works best.

3. EXPLORE YOUR OPTIONS
We explore options across the loan market to identify your borrowing capacity and repayment structure.

4. SECURE YOUR FUNDING
We provide expert advice and guidance every step of the way to secure the loan that’s right for you.