Next Home Loans

Ready for your next property adventure? Whether you're upgrading to a larger home, downsizing for a simpler lifestyle, or investing in the property market, Ferns Finance is here to make your next home loan journey seamless.

Your next home loan, upgrading, downsizing & investing

Your property journey rarely ends with your first home. As life changes, your housing needs evolve, and so do your opportunities for wealth creation. At Ferns Finance, we specialise in making these transitions smooth and stress-free for clients throughout Beenleigh, Logan, Scenic Rim, and the Gold Coast.

Upgrading Your Home: Is your family growing, or do you simply need more space? We can help you navigate the process of selling your current home and securing finance for a larger property. We'll work to minimise the overlap and ensure a comfortable transition.

Downsizing for a Simpler Lifestyle: Perhaps the kids have moved out, or you're looking for less maintenance and more freedom. We'll assist you in finding a suitable loan for a smaller, more manageable home, potentially freeing up equity for your retirement or other pursuits.

Investing in Property: Ready to expand your portfolio? Whether it's your second property or tenth, we understand the intricacies of investment loans. We'll help you structure your finance strategically to maximise returns and meet your long-term investment goals.

Your Next Home Loan Journey, Simplified

From bridging loans to general moving tips, here's a breakdown of how we'll help you buy your next home with ease.

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1

Let's Kick Things Off!

‍It all starts with a quick, one-minute chat! We'll ask a few simple questions to understand your goals, your current financial position, and what a smooth move looks like for you. We can discuss this in person or online.

2

Finding Your Competitive Rate

‍Once we understand your needs, we'll research over 60 banks and lenders to find you the most competitive rate for your next home loan. We'll even provide a written recommendation on the loans that fit your needs perfectly.

3

The Nitty Gritty: Getting Ready for Approval

‍Paperwork is our specialty! Once you've chosen a lender, we'll work with them to package, sign, and lodge all your documents, getting you primed and ready for that all-important pre-approval.

4

Formal Approval: Smooth Transition Ahead

‍Moving can be stressful enough, so once you're approved, we'll make the transition from your current loan to your new loan as pain-free as possible. A valuation will then take place on your new home, insurance details provided, and a settlement day will be scheduled.

5

Settlement: The Final Steps

‍In this crucial final stage, we'll coordinate the lead-up to settlement where the funds from your new home are used to pay off your current loan. We'll liaise with your bank and new lender if you're borrowing any extra cash. It will be ready to go. A solicitor or conveyancer is still involved here to change the lender name on your paperwork.

6

Moving Without the Hassle

‍Thoughts of moving already stressing you out? Fear not! When the big day (or days!) come, we can organise for a trusted team of experts to be at your side to take care of it for you. We also have partners who can help get your connections set up too, so you can sit back and take in the new view. Find out more about our partners.

Explore your loan options & their features.

There are a number of loan types and features that you might want to consider for your new home loan, scroll through some of the options below to get a better understanding of what the differences are. We’re here to answer your questions when you’re ready.

Variable rate loan

As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans offer more flexible features like unlimited additional repayments, redraw, and offset accounts.

Fixed rate loan

Basically, this is the opposite of a variable rate loan. Your interest rate and repayments will stay the same during the fixed term, no matter what. So no surprises.

Split Loan

You’re able to fix part of your loan, while leaving the rest variable.

Packaged Loan

Professional packages offer discounts on standard variable and fixed rates, the waiving of fees, and in some cases, great deals on other products from the same lender. A packaged loan usually comes with one annual fee for the bundled products.

Bridging Loan

If you already own a property, this is a short-term loan that can help you finalise the purchase of your new property before you’ve sold your existing one.

Line of Credit Loans

This gives you flexibility and easy access to cash for renovating or investing. It lets you draw against the loan balance, up to a credit limit set by the lender.

Interest Only Loans

As the name suggests, you only pay the interest on the principal balance for a set term, with the principal balance unchanged.

Construction Loans

If you want to build a home this is your loan. Most construction loans are interest only for the first year while the build is underway and interest is charged on the amount you draw down on from the loan for building repayments.

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Helpful calculators.

Explore your financial possibilities and understand potential costs with these handy calculators.

Borrowing Calculator

Use the calculator to find out how much you could borrow.

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Budget Planner Calculator

Use this budget planner to help understand your income and expenses, and where you could make savings.

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Extra Mortgage Repayments Calculator

You could potentially save thousands of dollars and take years off your loan by making extra repayments. Let’s run the numbers.

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Honeymoon Rate Loan Calculator

A honeymoon loan can help reduce your monthly repayments for a set term. Use this calculator to compare what your repayments would be compared to a variable loan.

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Income Tax Calculator

The income tax calculator can be used to calculate your net income.

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Loan Repayment Calculator

Use this repayment calculator to understand how much your loan repayments might be.

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Lump Sum Repayment Calculator

This home loan repayment calculator helps you calculate the savings benefits of making additional lump sum repayments on your home loan.

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Mortgage Offset Calculator

Use the calculator to see how quickly you could pay off your loan with an offset account.

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Savings Planner Calculator

Use the calculator to find out how much you could save.

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Stamp Duty Calculator

Find out how much budget you need to set aside to cover Stamp Duty costs and what the requirements are in your state or territory.

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Frequently asked questions.

View our full FAQs
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Are finance brokers regulated?

Yes, finance brokers are regulated to ensure they operate fairly and transparently. In many countries, brokers must be licensed and adhere to specific industry standards. This regulation helps protect consumers by ensuring that brokers act in their clients' best interests and provide accurate information.

Before working with a broker, it's advisable to verify their credentials and ensure they are compliant with local regulations.

Are there differences in borrowing power between Brisbane and Gold Coast properties?

Yes — location affects property values and lender risk profiles. We’ll assess your borrowing capacity based on the exact suburb you’re targeting.

Are there loans for building or renovating in Tamborine?

Yes, we can help with construction loans or renovation-specific personal loans. Even if you’re just upgrading a shed or adding a studio — we can find options.

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Can I buy an investment unit in Surfers Paradise or Broadbeach with low rental history?

Yes — but you’ll need to meet the lender’s rental yield or income requirements. We’ll help you present your application strongly.

Can I get a loan for an acreage or hobby farm in Tamborine?

Yes, but some lenders treat acreage differently — especially if there’s agricultural use. We’ll help you navigate those niche requirements.

Can I still get a home loan in Logan with a low deposit?

Yes! There are low-deposit options available, including First Home Guarantee schemes and lender-specific products. Ferns Finance Brokers can help you find the best fit based on your situation.

Can a finance broker help with bad credit?

Yes, finance brokers can assist clients with bad credit. They have access to lenders who specialize in offering loans to individuals with less-than-perfect credit histories. Brokers can help you understand your options and find a lender willing to work with your situation.

While securing a loan with bad credit may come with higher interest rates, a broker can help you navigate these challenges and find the best possible terms.

Can you help me refinance my current mortgage to a better deal?

Absolutely. We offer free assessments to compare your current rate with what’s available — and if there’s a better option, we’ll make it easy to switch.

Can you help with high-rise apartments or off-the-plan purchases?

Absolutely. We’re experienced in helping clients buy off-the-plan in towers across the Gold Coast & Brisbane. We know which lenders accept these properties and under what terms. We can also help you with deposit bonds for off-the-plan purchases.

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Do I have to come into an office to apply?

Not at all! We offer phone, video, and online appointments — perfect if you're in a rural spot or juggling a busy schedule.

Do I need a finance broker?

Whether you need a finance broker depends on your financial situation and comfort level with the borrowing process. If you have a good understanding of financial products and feel confident negotiating with lenders, you may not need a broker. However, if you're unfamiliar with the process or have specific needs, a broker can provide valuable assistance.

Ultimately, the decision should be based on your individual circumstances and preferences.

Do lenders treat short-term Airbnb properties on the Gold Coast differently?

Yes — some lenders may not count Airbnb income unless it’s long-standing. We’ll match you with lenders who are flexible with holiday rental properties.

Do you help with house and land packages in new developments around Logan or Yarrabilba?

Definitely. We often work with clients purchasing in estates like Yarrabilba, Flagstone, or Ripley Valley. We can guide you through finance stages tied to construction.

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Do you work with local real estate agents and conveyancers?

Yes — we have a strong local network and can connect you with trusted professionals to make the process smooth.

How do finance brokers get paid?

Finance brokers typically earn their income through commissions paid by lenders when a loan is successfully arranged. This means that their services are often free for clients, as the lender covers the broker's fees. However, some brokers may charge a fee directly to clients for their services, especially if they provide additional consulting or financial planning.

It's important for clients to clarify the payment structure with their broker upfront to avoid any surprises later in the process.

How long does approval usually take in Logan or Gold Coast?

Depending on the lender, approvals can take 2–10 business days. We’ll prep your application to reduce delays.

How to choose a finance broker?

Choosing a finance broker involves several key considerations:

  • Experience: Look for brokers with a proven track record in the industry.
  • Reputation: Research reviews and testimonials from previous clients to gauge their reliability.
  • Services Offered: Ensure the broker provides the specific services you need, whether it's mortgages, personal loans, or business financing.

Taking the time to choose the right broker can lead to a more successful borrowing experience.

What are the benefits of using a finance broker?

Using a finance broker offers several benefits, including:

  • Access to Multiple Lenders: Brokers have relationships with various lenders, giving clients access to a wider range of financial products.
  • Expertise: Brokers are knowledgeable about the finance industry and can provide valuable advice tailored to individual circumstances.
  • Time-Saving: Brokers handle the paperwork and negotiations, saving clients time and effort.

Overall, finance brokers can simplify the borrowing process and help clients make informed decisions.

What documents do I need for a finance broker?

When working with a finance broker, you'll typically need to provide several documents, including:

  • Proof of Identity: A government-issued ID, such as a passport or driver's license.
  • Income Verification: Recent pay stubs or tax returns to demonstrate your financial stability.
  • Credit History: Brokers may request your credit report to assess your borrowing eligibility.

Having these documents ready can streamline the process and help your broker find suitable options for you.

What government grants are available for first-home buyers in Queensland?

As of now, eligible first-home buyers in QLD can access the First Home Owner Grant and possibly stamp duty concessions. We’ll check your eligibility and help with the paperwork.

What is a finance broker?

A finance broker is a professional who acts as an intermediary between clients and lenders. They help individuals and businesses secure loans, mortgages, and other financial products. By leveraging their knowledge of the market, finance brokers can find the best deals tailored to their clients' needs.

Finance brokers are particularly useful for those who may not have the time or expertise to navigate the complex world of finance on their own. They provide valuable insights and guidance throughout the borrowing process.

What is the process of working with a finance broker?

The process of working with a finance broker typically involves the following steps:

  1. Initial Consultation: Discuss your financial needs and goals with the broker.
  2. Document Submission: Provide necessary documents for assessment.
  3. Loan Options: The broker will present suitable loan options based on your profile.
  4. Application Process: The broker will assist you in completing the application and submitting it to the lender.

This structured approach ensures that you receive personalised service throughout the borrowing process.

What should I ask my finance broker?

When meeting with a finance broker, consider asking the following questions:

  • What lenders do you work with? Understanding their network can help you gauge your options.
  • What fees do you charge? Clarifying costs upfront can prevent misunderstandings.
  • How will you communicate with me? Establishing communication preferences can enhance your experience.

Asking the right questions can lead to a more productive relationship with your broker.

Talk to us today about your options.

Talk to us today about your options. Whether you're in Beenleigh, Logan, Scenic Rim, or on the Gold Coast, Gwen @ Ferns Finance is ready to provide expert, straightforward advice.

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