Frequently Asked Questions

A home loan comparison rate is a rate that includes the interest rate plus other costs associated with a home loan, expressed as a percentage. The comparison rate is designed to give you a better idea of the true cost of a home loan so that you can make an informed decision about which loan is right for you…  VIEW MORE

Commercial property renovation loans are a specific type of loan that aims to improve the profitability of your commercial property by renovating and upgrading it. At Perry Finance, we listen to your needs and assess your borrowing capacity, after which we provide you with a tailored loan product that meets your requirements. VIEW MORE

A long-term commercial loan is a type of financing that offers businesses extended repayment terms over a period ranging up to 30 years. It allows companies to borrow funds at a fixed margin over base interest rates and pay it back over an extended period. This type of loan can be used for purposes such as acquiring or expanding a business or buying real estate, equipment, or inventory. They are typically only available for owner-occupied enterprises, but they can also be offered to commercial property investors in some circumstances. VIEW MORE

A commercial loan refinance is done when you need to refinance your existing commercial debt. This can take many forms, but a common one is refinancing a commercial property loan. This allows you to leverage the existing equity in your commercial property. VIEW MORE

If you’re planning to increase your property holdings, it’s likely that you require an investment home loan. The question is, what amount of down payment is necessary for purchasing an investment property? We’ll answer this and related questions in the points below.

But first thing’s first… VIEW MORE

If your aim is to invest in properties, you might want to contemplate a loan option different from that of an owner occupier. When seeking approval for an investor home loan, the two primary choices available to you are “interest-only loans” and “principal and interest home loans”… VIEW MORE

Looking to take out a loan for a residential or commercial property but finding that your borrowing capacity isn’t quite where you need it to be? Don’t worry, there are plenty of steps you can take to increase your borrowing capacity and secure the financing you need… VIEW MORE

If you’re looking to buy your first home, you’ve no doubt already started to encounter some of the jargon surrounding residential mortgages. One of the most important terms to be aware of is LVR, or loan-to-value ratio. Your LVR will have a significant impact on what kind of loan conditions you’ll be applicable for, so it’s essential that you have a clear understanding of where you stand from the get-go… VIEW MORE

Welcome to Perry Finance, your trusted ethical mortgage brokers in Melbourne CBD. We understand that buying a home or securing a loan can be a daunting process, which is why we are here to help you every step of the way… VIEW MORE

Starting a business and becoming your own boss is a strong desire for many Australians. However, it demands considerable efforts and comes with certain expenses. If you intend to boost your business by streamlining cash flow or expanding your business, business loan options might be worth considering… VIEW MORE

Looking to invest in another property that you can rent out? Congratulations! Investment properties are a fantastic way to expand your portfolio of assets and open up new income streams.

Now that you’ve made the decision to purchase an investment property, you might be wondering whether it’s best to use a mortgage broker or go it alone. Here are just a few of the many reasons why using a mortgage broker can be beneficial when purchasing an investment property… VIEW MORE

Of all the questions people ask themselves when building their own home from scratch, this is arguably the most concerning one. Unfortunately, it’s not a cut-and-dry answer either.

It depends on the specific terms and conditions outlined in the contract between the buyer and the builder. Typically, a fixed-price building contract is used for a house and land package, which means the builder agrees to build the home for a specific, agreed-upon price… VIEW MORE