Here are some of the questions that you’ve told us you really want answers to. So let’s not beat around the bush. Here are the facts – upfront and honest, just like us.
If it costs us nothing, how do Roost get paid?
We’re not a charity, we do get paid but not by you. Roost is paid a commission by the lender, because it saves them the time and cost of having to go out and get new business.
Is our advice really free? In most cases, absolutely! The only time you'll be charged a fee for our service is if you complete a home loan application form, have it approved and documented by your lender, and then decide not to go ahead with the loan through us (we think that's a pretty fair deal).
How do the lenders feel about Roost?
It wasn't easy at first, but we've won them over. They know we just want to make sure you really do get the home loan that’s best for you. Everyone wins when there’s no agendas.
Why should I deal with you and not the lender direct?
Hunting down the right home loan or finance arrangement for an investment property can be a daunting task. Today, there are many organisations offering products and finance from a range of different lenders. The increased number of players, the new options and an increased ability to switch lenders without penalty means there are more opportunities than ever to get the arrangement you want - but only if you know where to look and what you're looking for. We do that for you.
At Roost we have your best interests at heart - not the banks. We'll give you the best advice we can so you'll feel informed and confident when making your decision. We've made it our job to find the mortgage that's right for you.
What are some of the questions I should be asking before I make a decision?
- What's the best type of loan for my situation?
- Which lender has the best interest rates?
- Who has the lowest fees?
- What are the costs of redraws?
- Should the loan be fixed rate or variable or some form of blended rate?
- What happens when the loan matures?
- What are the costs of early repayment?
- Are there any specials around?
- Is a variable loan the best way to go?
- How much can I borrow?
We'll answer all these, and a whole lot more.
How difficult is it to get a loan if you're self-employed or a contract worker?
It depends. It can be very difficult. And that's where we can make a significant difference. We've represented many self-employed people over the years. We know which lenders are likely to be most sympathetic to your situation. And we know the very best way to make your case.