Frequently Asked Questions

What will A Foxtail Finance Broker do for me?

• Find the right Home Loan for you
• Calculate your exact borrowings & repayments
• Explain all fees and charges
• Show you ways to save money
• Explain Lenders Mortgage Insurance
• Discuss your Insurance needs
• Answer any of your questions
• Ensure your Loan Application goes as seamless as possible
• Always be available for you to contact at anytime

Why go with Foxtail rather than with my bank?

In almost every case we are going to be able to find our clients a more suitable home loan with superior features, costs and interest rates.  

How much do you charge?

In most cases we do not charge a fee.  That's right - we find you the most suitable home loan in the market and then act on your behalf from submission to settlement and keep in contact with you for years to come - all for no charge to you.

The exception here is when a customer has a default, bankruptsy, etc.  In these cases we usually charge a Brokerage Fee as the loan can be more complicated and will usually take a longer time to process and find a suitable lender.

How are you paid?

All of the banks and lenders on our panel pay us a commission after your loan has successful settled with them.  That means if we are unsuccessful in finding you a suitable home loan - we don't get paid a thing!  This is one of the reasons we out perform the "Home Loan Experts" who work in branches.  They get paid if your loan goes through or not so we find little competition from bank to bank when it comes to going the extra mile for customers.