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Lending Australia

ALL YOUR FINANCE NEEDS

Mortgage, Home Loan & Finance Brokers in Bayside Melbourne

Lending Australia provides a range of services including home loans, professional finance guidance, and mortgage broking. With our office situated in Bayside Melbourne we have established ourselves as a trusted source for mortgage & finance solutions. Over 25 years of experience, our experienced mortgage brokers have assisted numerous clients in achieving their dreams of owning a home, expanding their property portfolio, and effectively managing their financial commitments and loans.

  • Refinancing has never been more Important

    In a market where interest rates are rising, refinancing becomes increasingly crucial as it allows homeowners to identify better prospects and maximise potential savings. By securing lower interest rates, reducing monthly mortgage payments, and capitalising on increasing home values, refinancing provides financial stability and the chance to optimise investment returns and reduce mortgage stress.

  • Fixed Rate Cliff

    The fixed rate mortgage cliff describes when people on fixed interest rate home loans come to the end of the period when their rate is locked in, and therefore get hit by an unusually high jump in repayments.This is exactly what is about to happen to hundreds of thousands of Australians with home loans. This can be incredibly stressfull and uncertain time. We are here to help you navigate your options and provide sound advice in a dificult time.

  • First Home Buyers

    Setting foot on the property ladder is easier than you think.
    Buying your first property is probably the most important decision in your life and getting the right advice and home loan is as important as choosing the property itself, but do not be intimidated by all the jargon and options available to you.
    Contact us for information about Home Loans or the First Home Owner Grant, from what it is, to the eligibility criteria, what the differences are in each state, how much you could receive.

Real Solutions

Do mortgage or finance brokers charge a fee?
Lending Australia don’t charge any fees for the service our mortgage brokers provide. We are paid a commission by the lender when your loan settles. Most of the banks pay exactly the same amount to the broker. Some mortgage brokers choose to charge a fee for their service. It’s important you find out upfront before committing to ensure you understand how your mortgage broker will be paid.
Do Lending Australia just assist with home loans?
Our finance broker team is able to assist with all sorts of different finance needs, not just home loans via our mortgage broker team. This includes commercial financial, asset finance, car loans, business lending, private banking, development finance and cash flow funding. We also have an excellent referral network, everything from Insurances, utilities to internet, we can find a tailored solution to your needs.
What we do
With knowledge of the most competitive loans available on the market, our services allow customers to enjoy the loan experience while having someone assist them in researching, organising, and negotiating on your behalf.
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About Us

Lending Australia — We know how hard and lengthy the lending process can be without the right knowledge and support. All the paperwork, time and googling terminology is hard work if you don’t know the finance industry well and even if you do. Having been in the Mortgage and Finance Industry since 2001, Simon offers a wealth of experience . Residential, Commercial, and plant & equipment. Catherine has been in the industry for over 6 years. She has a modern take on what clients need, want and deserve. She has a wealth of experience in all facets of the business If you’d like to know more about how we can help freshen up your finances and provide you with a tailor made solution to suit your needs, speak to us today.
Home Loans
Over 50 lenders on our panel. Loan for every need. With knowledge of the most competitive loans available on the market, our services allow customers to enjoy the loan experience while having someone assist them in researching, organising, and negotiating on your behalf.
Plant & Equipment
There is a common belief that vehicle & equipment loans are similar to home loans, just with a shorter loan term. However that couldn’t be further from the truth. We are here to help.
Commercial
The main challenge many Australian business owners face is cash flow. In order to expand operations and grow their business, a capital injection is required.
This is where a commercial loan comes in.
Insurance
We offer an exciting and price competitive alternative to your home insurance.

Recent News

RBA Increase Again-More Pain
8/6/23
The Reserve Bank has lifted its official interest rate to 4.1 per cent. The bank’s board decided to lift the cash rate target by 0.25 of a percentage point for the second month in a row, amid concerns inflation is taking too long to come down. Consumer Price Index (CPI) figures released by the Australian Bureau of Statistics (ABS) late last month indicated prices rose by 6.8 per cent over the year to April, up from 6.3 per cent in March.While the increase could largely be attributed to the fuel excise cut, there is increasing concerns about the rising cost of services, such as hospitality, which are labour intensive and vulnerable to rising wages. Days after the rate rise announcement, the ABS released figures indicating the economy grew 0.20 per cent in he first three months of the year. The economy is now growing at an annual rate of 2.3 per cent, down from 2.7 per cent. This was the sixth-straight increase in quarterly GDP, but the slowest growth since the September quarter 2021. The household saving ratio fell to 3.7 per cent in the March quarter, from 4.4 per cent and is now at its lowest level since mid-2008. Despite the economic slowdown, a respite in hikes is unlikely.RBA governor Philip Lowe reiterated interest rates are the only tool the bank has to combat inflation and that the extreme short-term pain some households were feeling would be worse if the bank did not lift interest rates enough to contain inflation. While arrears payments have increased, the Governor was assured by the banks they remain low, suggesting most borrowers were coping with higher interest rates. While further tightening of monetary policy may be required, the governor conceded that it was getting harder to decrease inflation without instigating a recession or an increase in unemployment. AMP’s deputy chief economist Diana Mousina believes a cash rate hike in July would increase the possibility of a recession in the next 12 to 18 months. She argues that the RBA may taking interest rates too high, especially as all indicators are pointing to lower price growth in the next six months.
Interest Rate forecast
31/3/23
Big banks predict mortgage repayments to fall by end of yearThe major banks are split on what’s next for interest rates, with the potential for more pain. But there’s a surprising prediction for what’s set to happen in 2024.
Commonwealth Bank economist Gareth Aird says it’s almost a 50-50 call whether the Reserve Bank raises interest rates, despite the bank saying rates rises will likely hold.
Homeowners could be set for some welcome relief with forecasts predicting interest rate rises will be paused in April, while three of the four big banks are expecting they will be slashed again from early 2024.However, ANZ’s forecast would send chills through any homeowner, with the major bank expecting more pain to be heaped on mortgage holders.
It has predicted two more hikes in April and May, saying rates would then stay at a peak of 4.1 per cent until November 2024 as the Reserve Bank of Australia (RBA) attempts to bring inflation down.
Yet, Westpac lowered its forecast that the cash rate would be hiked as high as 4.1 per cent.
Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the RBA will even put a pause on any rate hikes in April.

Westpac chief economist Bill Evans also maintained that interest rates would start to be cut again from the second quarter of next year between March and May – with four cuts pushed through taking interest rates to 2.85 per cent by the end of next year.
Interest rates have skyrocketed from a record low of 0.1 per cent to 3.6 per cent since last May.
Commonwealth Bank has also backed the forecasts that interest rates have only one more hike to go up to 3.85 per cent in May.

Fixed Rate Mortage Cliff
21/1/23
In recent months there has been a great deal of debate surrounding the “fixed rate mortgage cliff” and its impact on the housing market and the broader economy.Opinions on the issue range from it being viewed as a relative non-event, to those who view it with far greater levels of concern.
Rather than getting bogged down in the opinions of economists and various commentators, we’ll be looking at a number of different data points from the Reserve Bank, the major banks and other data providers so that you can come to your own conclusions.
The ‘fixed rate mortgage cliff’
The term “fixed rate mortgage cliff” came about to describe the hundreds of thousands of mortgages having their fixed rate terms expire, with those loans to see low fixed rates roll off onto much higher variable rates.
If Westpac’s loan book is broadly representative of the rest of the nation’s mortgages, about 18 per cent of all mortgages overall face coming off low fixed rates on to higher variable rates during this year.
According to figures provided by the RBA, the average owner-occupier fixed rate loan with a term of three years or under, written between the onset of pandemic to the end of 2021, had an interest rate of 2.14 per cent.
Once November and December’s rate rises have been fully priced into the average variable rate owner-occupier mortgage, the rate payable will be about 5.6 per cent.
While the big four banks all have varying viewpoints on exactly how the cash rate will evolve from here, as things currently stand a majority expect at least two more rate rises.

That would leave the average variable rate for owner-occupiers somewhere in the region of 6.1 per cent.

We Are Your Partner in Providing The Highest Quality Service for all your Finance Needs.

  • Paul M
    Nurse
    “A loan with Lending Australia allowed us to purchase our first home with confidence. I cannot speak highly enough of Simon and Catherine. They helped us from start to finish, it was a real leap of faith and we felt like our best interest where always a priority”.
  • Matt S
    School teacher
    "“Lending Australia's options and their service is second to none. They are always helpful and I have recommended two of my friends”
  • John K.
    Construction
    “I had a mortgage broker for 6 years who didn’t seem to be able to match my needs like Simon and Catherine did so easily. They were also able to give me a lower rate than my bank. They honestly have been so great to deal with"

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