Loan Resources

Read all the latest news, tips and insights in the North Coast Lending blog.

What does a mortgage broker do, and how are they different from a bank?
‍A mortgage broker acts as an independent intermediary between you and a range of lenders. Unlike a bank, which can only offer its own products, a mortgage broker like North Coast Lending has access to over 50 lenders — including major banks, credit unions and non-bank lenders — and finds the loan that best suits your specific situation. North Coast Lending is not owned by or affiliated with any bank, so their advice is genuinely independent.

How much does it cost to use North Coast Lending?
‍North Coast Lending's home loan broking service is completely free to you. They are paid a commission by the lender once your loan settles, and this commission is disclosed upfront so there are no surprises. You get access to expert advice and a wide panel of lenders at no out-of-pocket cost.

What areas does North Coast Lending service?
‍North Coast Lending is based in Coffs Harbour, NSW, and services clients across the entire Coffs Coast region — from Macksville and Nambucca in the south, through Coffs Harbour, up to Woolgoolga in the north, and inland to Dorrigo and Armidale. They also assist clients across Australia, so wherever you're located, the team can help.

How many lenders does North Coast Lending have access to?
‍North Coast Lending works with a panel of over 50 lenders, including major banks, second-tier banks, credit unions and specialist non-bank lenders. This means they can compare a wide range of home loan, business loan and equipment finance options to find the most suitable product for your needs.

How experienced is the North Coast Lending team?
‍The North Coast Lending team has a combined experience of over 130 years in the finance industry. The team includes specialists in home loans, business finance, SMSF lending, equipment finance, agribusiness and commercial property. Several brokers are also deeply embedded in the local Coffs Coast community.

Australian Government has expanded the eligibility for the Home Guarantee Scheme

Some key changes are that permanent residents are now eligible to apply for the First Home Guarantee, the Regional First Home Buyer Guarantee & the Family Home Guarantee.

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Port Macquarie: Where Coastal Beauty Meets Leisurely Living

When considering purchasing property in Port Macquarie, you are presented with an enticing opportunity to embrace a coastal lifestyle like no other.

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Helping Mel and Julia Realize Their Dream: Acquiring Beachbodies Gym in Coffs Harbour

With our years of experience and deep understanding of the local market, North Coast Lending has established a strong reputation for helping aspiring entrepreneurs achieve their goals. The team at North Coast Lending believes in going the extra mile to find the most willing and lowest cost solution for your business finance needs.

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Looking to buy property on the Coffs Coast?

When it comes to finding the best place to buy in and around Coffs Harbour, consider factors such as proximity to amenities, lifestyle preferences, and long-term investment potential. With our local expertise and commitment to helping you find your dream home, North Coast Lending is here to support you every step of the way.

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Welcome to our new broker Sonia Jones

In the lead up to 2022 we were very aware of the fact the we needed a new broker at North Coast Lending. The question was who to chase?

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Home Loans: TOP 10 TIPS FOR BUYING YOUR FIRST HOME

As a rule of thumb, you will want at least a 5% deposit, plus a little more for costs.This deposit will need to have been saved up or held for more than 3 months to be considered genuine.With less than 20% deposit, mortgage insurance will apply and this is another cost to consider.

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