Home Loans

Get the right home loan solutions

Home loans

Whether you are looking at securing your first home, upsizing/downsizing or purchasing an investment property – we have a comprehensive panel of lenders that we’ve forged strong relationships with to provide solutions for almost any property purchase.


What type of home loans are there?

There are many different types of home loan products that are all offered and on our lender panel.

Within each home loan type there are also thousands of different loan products each with different benefits and uses.

  • Variable rate home loans – Rates will rise & fall based on market conditions and have maximum flexibility
  • Fixed rate home loans – Ensures certainty of repayments with limited flexibility
  • Basic home loan products – ‘No frills’ product with limited offering but low fees
  • Professional Package loans – A full package bundle, great for larger loan amounts
  • Honeymoon rate home loans – Generally lower intro rates, great for short-term options

What do I need to get approved?

We like to make the process of assessment and approval as easy as possible whilst ensuring every question is answered and clearly explained to you.

  • You will need to complete our client profile form
  • You’ll need to arrange our required paperwork to confirm your application. You can find our Supporting Documents checklist here
  • Once we have all your paperwork, we’ll provide some final compliance and lender forms to sign & return so we can lodge your application
  • We generally have assessments completed by most lenders within 2-3 business days for an outcome

How long does it take to get approved for a home loan?

  • General home loan applications take 1 -3 days for an approval
  • Applications for companies and trusts are more specialised and take 3 – 5 days
  • Applications for super funds and complex transactions are 5-7 days

Interest rates from:

2.19% | 2.38%* p.a (Comparison Rate)


Lenders available:

We have 34+ lenders on our panel providing a variety of options.
From the Big 4 banks, to excellent Tier 1 & Tier 2 banks options all the way through to specialist lenders.


Discover if you qualify :

We can help you with a home loan anywhere in Australia

What are the Loan to Value ratio (LVR) restrictions on different home loan applications?

Option 1: LVR based on location and size or even price

  • Certain locations will have a maximum LVR of 80% or less (check with us first)
  • Certain unit sizes (under 50 square metres) will have LVR restricted to 80% or less
  • Certain properties will have the LVR restricted based on price (over a certain price of $3M, the LVR will lower)

This is the best way to buy a property with no deposit!

You can learn more about this option on our LVR restrictions page.

Option 2: LVR based on loan purpose

  • You can borrow up to 90% to refinance (but generally want to keep this at or below 80%)
  • You can borrow up to 90% for an investment property
  • You can borrow up to 95% for an owner occupied property
  • You can borrow up to 90% for a home equity loan

You can learn more about this option on our loan purpose page.


What are the different home loan repayment types?

Option 1: Principle & Interest repayments

  • Most preferred option (especially to finance an owner occupied property)
  • Generally higher repayments as it reduces the loan balance after each repayment
  • Secures lower interest rates than other repayment types
  • Banks look favourably upon applications with this repayment type (as this reduces their risk!)

Generally you’ll want to ensure it is within your budget to make these repayments as eventually the bank will require you to begin reducing the balance (even for investment debt).

You can learn more about this option on our Principle & Interest repayments page.

Option 2: Interest Only

  • Lowest monthly repayments as only the Interest charged each month is repaid
  • The loan balance remains unchanged and is excellent to minimise cashflow impact
  • Often used for investment purchases as generally only the interest component is tax-deductible
  • Generally incurs a higher applicable interest rate & lenders require justification for the use of this repayment type

This is generally the best method to purchase a long-term investment asset.

You can learn more about this option on our Interest Only repayments page.

Option 3: Interest in Advance (IIA)

  • Not common use and must be manually applied for (after settlement)
  • Can be very useful for investors or super funds – paying a full year of interest before 30 June
  • Must weigh up the tax savings vs the investment opportunity cost
  • Generally secure lower interest rates on this option (as you are paying a bank a full years interest upfront!

You can learn more about this option on our Interest in Advance info page.


Investment loans

Option 1: Principle & Interest repayments

  • Most preferred option (especially to finance an owner occupied property)
  • Generally higher repayments as it reduces the loan balance after each repayment
  • Secures lower interest rates than other repayment types
  • Banks look favourably upon applications with this repayment type (as this reduces their risk!)

Generally you’ll want to ensure it is within your budget to make these repayments as eventually the bank will require you to begin reducing the balance (even for investment debt).

You can learn more about this option on our Principle & Interest repayments page.

Option 2: Interest Only

  • Lowest monthly repayments as only the Interest charged each month is repaid
  • The loan balance remains unchanged and is excellent to minimise cashflow impact
  • Often used for investment purchases as generally only the interest component is tax-deductible
  • Generally incurs a higher applicable interest rate & lenders require justification for the use of this repayment type

This is generally the best method to purchase a long-term investment asset.

You can learn more about this option on our Interest Only repayments page.

Option 3: Interest in Advance (IIA)

  • Not common use and must be manually applied for (after settlement)
  • Can be very useful for investors or super funds – paying a full year of interest before 30 June
  • Must weigh up the tax savings vs the investment opportunity cost
  • Generally secure lower interest rates on this option (as you are paying a bank a full years interest upfront!

You can learn more about this option on our Interest in Advance info page.


Why use us?

Cornerstone Lending is a team of dedicated financial professionals that can assist you in simple and effective finance solutions for you and your business.
We pride ourselves on sourcing the lowest cost solutions with efficient approval systems in place.

Complete a Free Assessment Form to get started with our team today.