How we work
From first chat to settlement
A clear process so you always know what happens next. Homestead is a mortgage broker, not a lender. We compare loans for you and manage the application on your behalf.
- 1
A first chat
We start with your plans: buying, upgrading, refinancing or investing, your timeframe and your budget. No cost, no obligation and no credit check.
What we do: We listen first, then tell you honestly what looks realistic.
- 2
Borrowing power, deposit and schemes
We work through your income, expenses, debts and deposit to estimate what you can borrow, and check which government schemes, grants or stamp duty concessions apply to you.
What we do: We give you a clear budget and a short list of the documents we'll need.
- 3
Comparing lenders
We compare home loans from banks and non-bank lenders on rate, fees, features and how each lender will assess your situation. You get a clear recommendation and the reasons for it.
What we do: We explain the trade-offs in plain English. You make the final call.
- 4
Application and approval
We prepare and lodge the application, answer the lender's questions and get you pre-approved, then formally approved once you've found the property.
What we do: We chase the lender so you don't have to, and keep you updated at every step.
- 5
Settlement and beyond
We work with your conveyancer and the lender to get to settlement on time. Afterwards, we check in on your rate so your loan stays competitive.
What we do: We're still here when you want to refinance, upgrade or invest.
How we're paid
Our service costs you nothing
Lenders pay us a commission when your loan settles. We'll always tell you how we're paid before you proceed, and we must act in your best interests.
Get started
Let's find the right loan
Tell us where you're at and we'll show you what you can borrow, which lenders fit and what it will cost. No cost to you and no obligation.