MyBudget Loans

MyBudget Loans can have your loan pre-approved so you can negotiate the purchase of your new home with confidence.

Welcome to MyBudget Loans

MyBudget Loans has been established to help clients find a home loan better suited to their financial situation. Alongside MyBudget, we’re dedicated to helping individuals and families improve their financial position and reach their financial goals through budget management.

There was a clear need to create a service that was able to find the right loan for their clients whilst offering the same levels of understanding and customer service that MyBudget clients had come to expect and enjoy. Out of this need, MyBudget Loans was born. MyBudget Loans, like MyBudget, is dedicated to helping you achieve a positive financial outcome that aligns with your current and future financial goals. We do this by finding a loan suited to your individual needs.

Whether you need to refinance, consolidate, investment, or are a first homebuyer, MyBudget Loans will find the loan that works for you. We have our own home loans that have been tailored for MyBudget clients.

MyBudget Loans is dedicated to excellent customer service and will personally assist you through each step of the process, from gathering the required documentation all the way through to final settlement.

Are You a Pepper Home Loan Customer?

How we can help

Credit Problems
Sometimes our past seems to haunt us. You may have had loan arrears, paid or unpaid defaults, judgments against you or even been through bankruptcy before. That’s in the past, but the banks still refuse your loan application. MyBudget Loans may help.
Don't fit the criteria?
MyBudget Loans can help borrowers secure mortgage finance who do not fit the criteria of traditional lenders. This market is sometimes referred to as the 'non-conforming' segment, but MyBudget Loans prefer to think of it as specialist lenders.
What does it cost?
Absolutely nothing! Our service is free to you. We are paid by our panel of lenders. It costs you no more than if you approached the lender yourself. In many cases our leverage with lenders means that it could actually cost you less.

Refinancing and consolidating your debts

Consolidating all of your debts into one loan can be an effective way of managing your finances. Generally, home loans have a lower interest rate than other loan types such as personal & car loans or credit cards. By rolling all of your debts into one loan you can save on interest and make only one payment. This will allow you to free up cash or pay the loan off faster.

A debt consolidation loan can be an effective debt reduction strategy if you utilise the savings to service the newly consolidated debt. Talk to MyBudget Loans and discuss the advantages and disadvantages of debt consolidation to help you determine whether it is the right strategy for you. If debt reduction is your aim then perhaps a loan is not what you need! Why would a company that provides loans make a statement like that, you ask? Well, because it is often true. We are interested in providing you with solutions that suit your financial situation, not just providing you with a financial product.

MyBudget specialises in helping people achieve their financial goals and can help you consolidate your debts without a loan. It may turn out that for your situation, a debt consolidation loan is ideal, or it may not. A consultation with a MyBudget Loans Lending Specialist is free and no obligation.

First Home Loan

Buying a home is often the largest financial undertaking many people ever make, so it’s important to get things right. Finding the right home is often hard enough, let alone working out which of the myriad of financial products on the market is right for you. Then there is working out how much you can borrow, how much deposit you need, and gathering the correct documentation. Let’s not forget the first homebuyer’s grant. The whole process can often be a daunting prospect.

MyBudget Loans will help you at every step of the way (perhaps it's better if you choose your own home, though). We will look at your financial situation now and what your goals are for the future, and find the most suitable loan for you. We will guide you through the process, from the first homebuyer’s grant, through gathering your documentation and to final settlement. Let us show you how buying your first home can be an enjoyable and rewarding process.

MyBudget Loans can have your loan pre-approved so you can negotiate the purchase of your new home with confidence.

Building or renovating your home

MyBudget Loans can arrange renovation loans for people who wish to build, improve or extend their existing home or investment property. Once you have plans and specifications for the work, council approval and a fixed price builder’s contract, we can arrange the right loan for you. Payments to your builder are generally done in stages as the work is completed. Understanding how building loans work and the impact it has on you can be daunting so talk to MyBudget Loans today as we are the specialists in this area.

Investment loans

Many people like to invest in “bricks and mortar”. Buying an investment property is often perceived as less risky than other types of investments like stocks and shares, as property is tangible and can provide rental income, tax concessions and potential capital gain. MyBudget Loans can help you unlock the equity you have built up in your home to finance the purchase of an investment property, or enter the market with your first property!

Buying an investment property, paying off part of the loan and borrowing against that equity to finance the deposit for another property is a popular investment strategy. Most financial institutions will let you borrow the full purchase price plus costs of an investment property depending on the value of your current home/s and how much of it you own.

MyBudget Loans will help you find the most suitable deal to buy your investment. The amount you will need for a deposit can vary depending on the financial institution, the type of loan you need and your financial situation.

Things you should know

MyBudget Loans works alongside MyBudget. MyBudget Loans has a separate ACN 613 857 104 and has a credit licence: Australian Credit Licence 492064.

Terms & Conditions apply and lender fees and charges are payable. MyBudget Loans does not guarantee a loan approval as each individual loan application is subject to a formal assessment.

Copyright 2018 MyBudgetLoans Pty Ltd.