First Home Buyer Loans
Guidance for eligible first home buyers reviewing deposits, borrowing capacity, purchase costs and mortgage options.
Discuss Your First Home →
Residential Home Loans Sydney
Home Loan Guidance for Your Next Residential Property
Danphe Finance helps eligible first home buyers, families, homeowners and property purchasers explore residential home-loan options from available lenders.
Bikas Kandel can help you understand your potential borrowing capacity, deposit requirements, repayments, loan features and supporting documents before you apply.
Clear Mortgage Guidance from Application to Settlement
Explore home-loan options based on your deposit, income,
property plans and repayment capacity.
Buying Your First Home?
Understand deposits, potential borrowing capacity, purchase costs and available home-loan structures.
Upgrading Your Home?
Explore finance when moving to a larger home or purchasing a property that better suits your family.
Reviewing Your Mortgage?
Compare your current home loan with potential refinancing options, features and switching costs.
Need Loan Pre-Approval?
A conditional pre-approval may help you understand your potential price range before making an offer.
Residential Mortgage Finance
Understand the Loan Before Committing to a Property
A home loan should be assessed based on the interest rate, comparison rate, fees, features, repayment structure and total cost over the loan term.
“The most suitable mortgage is not always the one with the
lowest advertised rate. Features, fees and long-term flexibility
also matter.”
Understanding Home Loans
What Is a Residential Home Loan?
A residential home loan is finance used to purchase, construct or refinance an eligible residential property.
The property is generally used as security for the mortgage. The borrower repays the loan through agreed repayments over the loan term, subject to the lender’s rate, fees and conditions.
First home purchases
Established property purchases
Construction finance
Home-loan refinancing
Fixed and variable rates
Offset and redraw options
Residential Finance Solutions
Home Loans for Different Property Goals
Available loan options depend on your income, deposit, property, credit position, expenses and lender eligibility requirements.
Next Home and Upgrader Loans
Explore finance when selling, upgrading, relocating or purchasing another owner-occupied property.
Discuss Your Next Home →Construction Home Loans
Finance may be available for eligible land and construction projects, generally with staged progress payments.
Discuss Construction Finance →Home Loan Refinancing
Review your current mortgage, interest rate, fees, features, repayments and potential switching costs.
Explore Refinancing →Home Loan Pre-Approval
Conditional pre-approval may provide an indication of your potential borrowing position before you purchase.
Request a Home Loan Review →Equity and Loan Restructuring
Eligible homeowners may explore equity access or restructuring for an acceptable purpose, subject to lender approval.
Explore Equity Options →
Interest-Rate Structures
Fixed, Variable and Split Home Loans
Variable-Rate Home Loan
The interest rate may change during the loan term. Variable loans may offer features such as an offset account, redraw and additional repayments, depending on the product.
- Repayments may change when the rate changes.
- Flexible repayment features may be available.
Fixed-Rate Home Loan
The interest rate is fixed for an agreed period, providing more repayment certainty during that period.
- Break costs may apply if the loan is changed or repaid early.
- Additional-repayment limits may apply.
Split Home Loan
A split loan divides lending between fixed and variable portions, potentially combining repayment certainty with selected flexible features.
- The split percentage can depend on the lender and loan.
- Different conditions apply to each portion.
Budgeting for Your Purchase
Home-Buying Costs to Consider
The deposit is only one part of the purchase budget. Additional government, professional and lending costs may apply.
01
Deposit
Deposit requirements depend on the lender, property, applicant and proposed loan-to-value ratio.
02
Government Charges
Transfer duty, mortgage registration and other government charges may apply to the transaction.
03
Professional Costs
Budget for conveyancing, legal advice, building inspections, pest inspections and related services.
04
Lending Costs
Application fees, valuation costs, package fees and lenders mortgage insurance may apply.
Home Loan Eligibility
What Lenders May Assess
Home-loan approval depends on the applicant’s circumstances, property, deposit, income, liabilities and the lender’s credit policy.
Avoid making an unconditional property offer until you understand
your finance position and have obtained appropriate legal advice.
Income and Employment
The lender may assess your employment type, regular income, probation status and income stability.
Living Expenses
Household expenses and recurring commitments affect repayment affordability.
Existing Liabilities
Credit cards, personal loans, car loans, mortgages and other commitments are included.
Deposit and Savings
Lenders may assess your available deposit, savings history and source of funds.
Credit History
Credit enquiries, repayment conduct, defaults and other credit events may affect eligibility.
Property Type
Location, size, title, condition, zoning and property type may influence lender acceptance.
Residency or Visa Status
Citizenship, residency and temporary-visa requirements differ between lenders.
Loan-to-Value Ratio
The relationship between the loan amount and property value can affect pricing and insurance requirements.
Application Preparation
Documents Commonly Requested for a Home Loan
Identification
- Driver licence
- Passport
- Medicare card
- Visa details where relevant
Income Evidence
- Recent payslips
- Employment details
- Tax returns where required
- Business financial documents
Financial Position
- Bank statements
- Loan statements
- Credit-card statements
- Evidence of deposit funds
Property Information
- Contract of sale
- Property address
- Building contract if relevant
- Property and purchase details
Understand Your Position Before You Start Making Offers
A conditional home-loan pre-approval may provide an indication of the amount a lender could consider based on the information available at the time.
Pre-approval is not unconditional approval. Final approval still depends on the property, valuation, updated financial information and satisfaction of lender conditions.
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Discuss your potential purchase budget before property inspections.
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Understand the deposit and purchase costs you may need.
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Identify documents and lender conditions early.
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Avoid relying on pre-approval after your circumstances change.
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Confirm finance before making an unconditional commitment.
Why Danphe Finance?
Personalised Residential Mortgage Guidance
Multiple Lender Options
Explore relevant residential mortgage options from the available lender panel.
Clear Loan Comparison
Understand potential rates, comparison rates, fees, repayments and loan features.
Documentation Support
Receive guidance with identification, income evidence, liabilities and property documents.
Application-to-Settlement Support
Assistance with lender communication, valuation, approval conditions and settlement progress.
Bikas Kandel
Mortgage and Finance Broker at Danphe Finance
Meet Your Mortgage Broker
Discuss Your Residential Home Loan With Bikas Kandel
Bikas Kandel assists eligible home buyers and homeowners with exploring residential mortgage options based on their property plans and financial circumstances.
His approach considers your income, expenses, deposit, current liabilities, property type, preferred loan features and long-term homeownership goals.
Bikas can help compare potential lender options, prepare supporting documents and manage communication during assessment, valuation and settlement.
Credit Representative Number 466281
First home buyer loans
Owner-occupied mortgages
Home-loan refinancing
Construction finance
How It Works
Our Residential Home Loan Process
01
Initial Consultation
Discuss your property goals, deposit and preferred timeframe.
02
Financial Review
Review income, expenses, liabilities and available funds.
03
Borrowing Assessment
Consider potential borrowing capacity and deposit requirements.
04
Lender Comparison
Explore potential lender options based on your requirements.
05
Application
Prepare and submit the application with supporting documents.
06
Approval and Settlement
Complete valuation, lender conditions and settlement requirements.
Related Finance Services
Explore More Danphe Finance Services
Home Loan Questions
Frequently Asked Questions
What is a residential home loan? +
A residential home loan is finance used to purchase, construct or
refinance an eligible residential property.
How much deposit do I need? +
Deposit requirements depend on the lender, property, applicant
and proposed loan-to-value ratio. Purchase costs must also be
considered.
What is lenders mortgage insurance? +
Lenders mortgage insurance may apply when the loan exceeds the
lender’s acceptable loan-to-value threshold. It generally
protects the lender rather than the borrower.
What is conditional pre-approval? +
Conditional pre-approval provides an indication of what a lender
may consider, subject to property acceptance, valuation, updated
information and final approval.
What is the difference between fixed and variable rates? +
A fixed rate generally remains unchanged for an agreed period. A
variable rate may change during the loan term.
What is an offset account? +
An eligible offset account is linked to a home loan, with the
account balance generally reducing the loan amount used to
calculate interest.
Can self-employed applicants get a home loan? +
Eligible self-employed applicants may apply, although additional
business, tax and income documentation may be required.
Can temporary visa holders apply? +
Selected lenders may consider eligible temporary visa holders,
depending on visa type, income, deposit and lender policy.
What additional costs should I budget for? +
Costs may include government charges, conveyancing, inspections,
valuation fees, lender fees, insurance and moving expenses.
Can I make additional repayments? +
Some loans allow additional repayments, although limits or fees
may apply, particularly during a fixed-rate period.
Can I refinance my current home loan? +
Refinancing may be available subject to borrowing capacity,
valuation, equity, switching costs and lender assessment.
How long does home-loan approval take? +
Timeframes depend on the lender, property, valuation, application
complexity and availability of complete documents.
Does Danphe Finance compare multiple lenders? +
Danphe Finance can explore potential home-loan options from its
available lender panel. Available products depend on the
applicant and property.
Is home-loan approval guaranteed? +
No. Approval is subject to lender policy, serviceability, credit
assessment, documentation, property valuation and eligibility.
Ready to Discuss Your Residential Home Loan?
Book an appointment with Bikas Kandel to discuss your property goals, deposit, potential borrowing position and available mortgage options.
Danfe International NSW Pty Ltd is a Credit Representative, Credit Representative Number 540390, of BLSSA Pty Ltd, ACN 117 651 760, Australian Credit Licence 391237. Bikas Kandel is a Credit Representative, Credit Representative Number 466281, of BLSSA Pty Ltd, ACN 117 651 760, Australian Credit Licence 391237. Loan availability, rates, fees, terms, repayments and approval depend on the applicant’s circumstances, property valuation and lender assessment criteria. This page contains general information only and does not constitute financial, taxation or legal advice.
External Links
Danfe International NSW Pty Ltd is a credit representative (credit rep number: 540390) of BLSSA Pty Ltd ACN 117 651 760 Australian Credit Licence 391237.
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Copyright © 2026 | All Rights Reserved | Bikas Kandel is a credit representative (Credit rep number: 466281) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237).
