Premium
Trade with confidence – Premium offers long-term financing solutions for Australian corporations with flexible interest periods up to 10 years.
Mortgage Street’s Premium is the perfect choice for mortgage brokers looking to provide their corporate customers with a reliable and flexible financing solution.
With our acceptance of Non – trading Australian corporations as borrowers and our expertise in working with corporate clients, Premium is the ultimate choice for unlocking the full potential of your business.
As Australia’s premier alternative lending solution, our mission is to empower our brokers to achieve their goals
Our goal at Mortgage Street is to provide you & your customers with first-class service and innovative products to help you deliver solutions to your clients who don’t fit traditional lending criteria. But if your clients don’t qualify for a bank loan, Mortgage Street can always find alternatives. With 24 mortgage options available, we can help your customers find the right fit for their unique situation.
Mortgage Street is committed to providing a modern, efficient service to our clients. By distributing home loans through professional Australian mortgage brokers, we can offer a convenient and streamlined digital process that allows you to apply for a loan, submit documents, and track the progress of your application from the comfort of your own home.
Working with a Mortgage Street accredited professional mortgage broker means you can benefit from their expertise and industry connections. This can often result in faster approval times, as brokers are able to expedite the loan assessment process and provide lenders with the information they need to decide.
Each lender has their own credit policies, which can vary significantly. By working with a Mortgage Street accredited mortgage broker, you can access a wider range of lenders and take advantage of more flexible credit policies that may be better suited to your individual circumstances.
A Mortgage Street accredited mortgage broker can help you to maximise your borrowing capacity by advising on the best loan structure and providing guidance on how to strengthen your application. This can be helpful if you have a complex financial situation or are self-employed.
Negative gearing considerations
If you are planning to purchase an investment property, a Mortgage Street accredited mortgage broker can help you understand the tax implications of negative gearing and advise on the best home loan options to suit your goals.
A Mortgage Street accredited Mortgage brokers have access to a wide range of lenders, including those that may consider larger loan amounts. This can be especially useful if you are looking to purchase a more expensive property or undertake extensive renovations.
No mortgage insurance to 85% LVR
Many lenders require mortgage insurance for home loans with a loan-to-value ratio (LVR) of over 80%. By working with a Mortgage Street accredited mortgage broker, you may access lenders that do not require mortgage insurance up to an LVR of 85%, saving you money on your loan.
Turbo charge your application for faster turnaround times
Fill up the MSt 003 and get low rates within a day
Complete the MSt 001 for ready to submit a new application
Mortgage Street focuses on what you and your customer needs. Submit a scenario now and we’ll help you every step of the way.
Helpful guides & forms
Don’t let your unique situation hold you back, explore the 24 mortgage options offered by Mortgage Street.
Good Borrowers
Specialist loan
Reloaction loan
Yes, our Premium products do accept equity line of credit as a facility type. This means that mortgage brokers can offer their clients the option to use the equity in their home as collateral for a line of credit. This can be a useful tool for homeowners who need access to funds for home improvements, debt consolidation, or other expenses.
Additionally, using an equity line of credit can also potentially save homeowners money on interest rates compared to other types of loans. It’s a flexible and efficient way to access the equity you’ve built in your home, and it’s available as an option for our premium products. If you’re a mortgage broker looking to offer your clients more options and flexibility, be sure to check out our website to learn more about the benefits of our premium products.
The maximum interest only repayment period for our Premium products is up to 10 years. This means that mortgage brokers can offer their clients the option to only pay the interest on their loan for up to 10 years, before transitioning to principal and interest payments. This can be a useful tool for homeowners who want to keep their monthly payments lower in the short-term, but still have the option to pay off the principal of the loan over time.
Also, it’s important to note that interest-only payments can also help to qualify for a larger loan, as the lower payments can increase the debt-to-income ratio. This can be a useful strategy for homeowners who want to purchase a more expensive home, or who want to refinance their current home. If you’re a mortgage broker looking to offer your clients more options and flexibility, be sure to check out our website to learn more about the benefits of our premium products and the specific interest only repayment period available.
Our premium products do not have a maximum number of dependents, allowing flexibility and consideration of individual client’s circumstances. This means that mortgage brokers can offer their clients the option to include dependents such as children, elderly parents or disabled dependents in their loan application.
This can be a useful tool for homeowners who have a large family or are supporting other dependents financially. However, it’s important to note that having more dependents can affect the borrower’s debt-to-income ratio and may require additional documentation. That’s why it’s important to check with our lender in advance to ensure that the dependents are acceptable.
If you’re a mortgage broker looking to offer your clients more options and flexibility, be sure to check out our website to learn more about the benefits of our premium products and the specific dependents policy available. With our Premium products, we strive to provide our clients with more options and to help them achieve their goals.
The postcodes that are currently eligible for our Premium products are majority of Australian postcodes. This means that mortgage brokers can offer their clients the option to purchase or refinance a property in these postcodes with our premium products. These postcodes are typically considered more stable markets and have a good potential for growth.
However, it’s important to note that some postcodes that are not on this category, such as island locations, may not be eligible for our premium products. In this case, it’s recommended that you reach out to a Mortgage Street accredited mortgage broker to check what product will it fall under. We want to make sure that you & your clients have access to the best possible options for their needs. If you’re a mortgage broker looking to offer your clients more options and flexibility, be sure to check out our website to learn more about the benefits of our premium products and the specific postcode policy available.
The highest loan-to-value ratio (LVR) that a borrower can obtain in our Premium product is up to 95%. This means that mortgage brokers can offer their clients the option to borrow up to 95% of the value of the property they are looking to purchase or refinance. This high LVR ratio can be a useful tool for borrowers who have limited funds for a down payment or who want to borrow more to purchase a more expensive property.
It’s important to note that the LVR ratio can also affect the interest rate and the overall cost of the loan. With a higher LVR, the interest rate tend to be higher than a lower LVR, so it’s important to consider the borrower’s financial situation and the overall cost of the loan.
If you’re a mortgage broker looking to offer your clients more options and flexibility, be sure to check out our website to learn more about the benefits of our premium products and the specific LVR policy available. We strive to provide our clients with more options to help them achieve their goals.
Monday to Friday 9am – 5pm (Sydney time)
+LVR stands for the loan-to-value ratio. LVR is the amount of your loan compared to the Bank’s valuation of your property offered to secure your loan expressed as a percentage. Home loan rates for new loans are set based on the initial LVR and won’t change during the life of the loan as the LVR changes.
*Comparison rate: The comparison rate is based on a loan of $150,000 over the term of 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Loan applications, refinances and balloon amounts are subject to credit assessment.
Conditions, credit criteria, fees and charges apply. Based on Mortgage Street’s credit criteria, residential lending is not available for Non-Australian resident borrowers. Interest rates subject to change. Before making a decision, it’s best to read the terms and conditions.
