Home Loans Perth.

Are you looking for a new home?

Helping You Save Money on Your Mortgage.

Looking to purchase a new home or refinance your existing mortgage? You’ve come to the right place. I offer great finance deals that could save you thousands over the life of your loan. The banks don’t want to save you money but I do! Get in touch with me to find out how.

Refinancing a Home Loan.

If you have been with your existing lender for some time, you might think you are happy with your mortgage. However, if interest rates drop, it could cost you thousands over the life of your loan.

Refinancing your loan can help you take advantage of lower interest rates and save you money. To find out if refinancing is the right move for you, I recommend getting in touch with me to discuss your options.

What Drives Mike Mackenzie?

Solutions that work.

Long-term outcomes to reduce your financial stress.

Family-first approach.

Easing the financial burden for you and your family.

Knowledge to empower.

Educating you to make informed financial decisions.

Giving your time back.

Saving you valuable time negotiating with lenders.

Invested in your success.

Simplifying your finances to help you get ahead.

Financing your future.

Tailored finance for today and tomorrow.

Are You Looking to Refinance or Move Into a New Home? Get in Touch Today!

Fixed Rate Home Loans.

A fixed rate home loan can be an attractive alternative to a variable interest rate loan, as your interest rate is “locked in” over an agreed period. Most lenders offer fixed rate periods between one and five years. Many people choose a fixed rate home loan as it offers added peace of mind and can make budgeting easier. Get in touch with me to find out if a fixed rate loan could be the right solution for you.

Interest Only Home Loans.

Interest only home loans are where you pay only the interest over an agreed period on the amount you borrowed. This usually results in lower repayments than if you were paying the principal amount plus interest. However, as your repayments do not cover the principal component of the loan, your balance will not reduce over the period. Many lenders offer you the option of switching between principal and interest repayments throughout the life of your loan.

Low Deposit Home Loans.

I get it. You’ve budgeted and struggled and saved as much as you can but you just don’t have enough for a home loan deposit. Most lenders want at least 20 percent deposit before they even consider offering you finance.

If you have a small deposit, I have good news! Some lenders offer loans with a deposit as low as 10 percent (or even 5 percent) of the value of the home you are looking to purchase. Keystart loans require only 2 percent deposit to get you into a new home.

Home Loan Repayment Calculators.

Testimonials.

“Thanks to Mike’s help we are scheduled to build our dream home! He helped us refinance our current house, and save money. He then walked us through the process of how we could build our dream house as well!

Even if you’re not sure what you can achieve, give Mike a call and he’ll give you your best finance options to move forward. I highly recommend Mike.”

"Mike was so amazing to work with, it wasn't an easy refinance but he made the process as good as it could possibly be. He absolutely went above and beyond. Thank you so much for all the work you did. We are so grateful."

"Mike has been a godsend! He walked me through every stage of the process, making sure I got the best deal with the bank I wanted. His responses were always very prompt & accurate. Mike made purchasing a home effortless. I would strongly recommend him, as I was recommended through a family member."

"Mike Mackenzie is brilliant! My refinance situation was particularly difficult, and he did it with ease. Mike is easy to speak with, knows what to do, and how to get it done. He absolutely knows his job; I wouldn’t go anywhere else. Macca and his team are gold, thanks Mate!"

"Mike has been very helpful in the process of getting my loan. We had a few bumps in the road with the lender, and without him to help me work through them I probably would have given up. Now I’m a happy owner about to build my dream. Thanks again, Mike."

Building a new home or renovating?

I can help with great finance deals on construction home loans.

Buying your first home?

I can help get you out of the rent trap and into your first home.

Financing a vehicle?

I can help with finance to get you into the car of your dreams.

Need a personal loan?

I can help you achieve your goals with the finance you need.

Need finance for your business?

I can help with commercial finance for your business.

FAQs.

What are the advantages of a fixed rate home loan?

The key advantage of a fixed rate home loan is the certainty of knowing your repayments over the life of your loan. This can allow you to budget more accurately, as you know exactly how much you need to pay each month. Taking advantage of lower interest rates and fixing your loan for a defined period can save you thousands over the life of your mortgage. Most lenders offer fixed rate loans for periods between one and five years.

Why would I choose an interest only home loan?

Interest only loans can be beneficial if you are investing in property. It gives you the capital you need to purchase a property, while enabling you to maximise your tax deductions. You may also choose an interest only loan if you need to save money for a particular purpose or during a temporary income reduction, such as if you are studying.

A key factor to consider is that when the agreed interest only period ends, your loan repayments default to paying off the principal amount plus interest. This means your repayments will increase, which can become a financial burden if you are not prepared for the higher repayments.

What are the benefits of a low deposit home loan?

While you can get into your new home sooner, it could end up costing you in terms of higher interest rates, additional fees and Lenders Mortgage Insurance (LMI). There can be exceptions, including if you are a first home buyer eligible for the Federal Government First Home Loan Deposit.