No, you will likely not be charged a fee for our services. We are paid directly by the lender we refer your loan to the month after settlement.

Effectively we are 'freelance employees' for the finance market and are paid commission by the lenders instead of them employing a sales person.

With residential home loan finance, your interest rate and fees should be identical to the most competitive rate you would be able to secure directly with a bank. Normally the rate we get you should sharper than going direct, as we are able to secure special discounts given our knowledge of competitor rates.

If your particular situation is complicated and requires a large up front investment of time on our side, or if it is expected your home loan will be paid out and closed in full 'within the first 12-18 months' of the loan being established, then we may seek to charge a Work Fee for our time and service.

We will not charge for a Home Loan Pre-Approval, which normally lasts for 90 days. If you haven't found/bought a property after 3 pre-approvals (270 days) then we will charge a work fee of $500+GST for the 4th Pre-Approval, which will be reimbursed to you if you buy/settle a loan within the next 90 days.

Home Loan finance typically should be approved between 24 hours to 5 working days from the formal lodgement of the application (with all necessary supporting information).

We pride ourselves with knowing exactly what the banks require (and don't require) to ensure the approval is as swift as possible with little or no rework or follow-up questions.

Business, Commercial, and SMSF loans can take a bit longer than standard home loans, and are dependent on banker work loads. They typically could take between 1-2 weeks and could even take up to 4-5 weeks, depending on the bank and if a major valuation is required (e.g. for a large construction project).

At present there are numerous First-Buyer Incentives available.

These include the First Home Buyer Grant ($10,000 in Victoria) which is only for new properties, the Stamp Duty Waiver or Concession (for purchases up to $750k in Victoria), and the recently expanded First Home Buyer Scheme, where you can borrow up to 95% of the purchase price excluding Stamp Duty, with No LMI (Lender's Mortgage Insurance) required, provided you meet certain criteria and don't purchase for too much.

Further information and details around the above can be provided during our consultation.

Our aim is to connect you to close to every worthwhile lender in Australia. There are over 15 home lenders we regularly go to (big banks, 2nd tier and non-banks), plus we work closely with the Private and Fintech markets to ensure there is always a way to get you the funding you need.

All up we have access to more than 60-70 Australia lenders and we may suggest splitting your lending between them.

The Little Giant HQ is based in the heart of Melbourne with direct access to Legal and Conveyancing services. We have trusted relationships with Accountants, Property Advocates, Real Estate Agents, Building Inspectors, insurance Experts, and Wealth Planners & Advisors, to ensure any of your requirements are met.