About Ability Finance
Ability Finance is located in Sydney New South Wales. Ability Finance is the company sponsoring www.no-deposit-home-loan.net.au Ability Finance was formed in 2005 at the beginning of the increase in both popularity and availability of no deposit home loans. We at Ability Finance have helped many first home buyers and investors purchase properties with little or no deposit. If you are looking for a finance broker to help find a suitable loan we are ready to help.
Philosophy
Home loan policies, interest rates, fees charges and other details can and do change on a regular basis. Ability Finance use the latest up to date home loan software databases we are able to access to find applicants a range of home loans that may be available to suit their individual needs.
A loan that suited the neighbors, friends or family may not always be the optimal loan for your situation. Once we have a potential shortlist of lender options it is analysed and compared to create a comparison of possible home loan options. The short listing process can sometimes take 15 to 20 minutes and at other times depending on available options the selection process can take much longer.
Choosing a home loan is a major step and we are here to spend as much, or as little, time as you need to make an informed choice that you are comfortable with und understand.
Service
Once our clients have selected a loan we make every effort to ensure you are informed of all know details including fees charges options and any restrictions. Wherever possible we lodge home loans online using the lenders own online lodgement systems. In addition to being kinder to the environment this method provides the opportunity of receiving an answer often within minutes of lodging the application.
As the application progresses Ability Finance constantly monitors the status to avoid unnecessary delays where ever possible. Clients are updated and kept informed on a regular basis.
Following settlement your loan will be reviewed at least on an annual basis to ensure that the loan product is still competitive and suitable for your requirements and longer term goals.
Cost
Nothing extra! Most home loans provide for a finance broker to earn commission from the bank or lender without the client being charged any more than if they had dealt with the bank directly.
The difference with using a finance broker is that you get to compare all the lenders and their loans that the broker has available and choose the one that suits you best without having to go from bank to bank.
Provided the finance broker you have chosen is accredited with a wide range of banks and lenders and has an up to date and easy to understand loan analysis database you should at minimum end up with the peace of mind that you shopped around.
Even if you happen end up with a lender you may have initially chosen on your own the service from a finance broker should not have cost you any extra.
Choosing from amongst the extensive range of home loan products just one bank or lender offers without all the facts can be time consuming and there is still the risk of choosing a less than satisfactory home loan product.
People
Wes Smith is the owner of Ability Finance and will be the person helping you choose the loan for which you wish to apply then preparing and lodging your loan application. Wes will be available to answer any questions along the way and will be providing regular updates as the loan application progresses. The software systems utilised at Ability Finance help Wes to check customers loans for suitability and competitiveness over time.
Mortgage and Finance Association of Australia Brochure Download