Home Loans

Annette Tothill Finance

First-Home Buyers

Before you decide to purchase your first property there are a number of things to consider, including your current personal circumstances and financial status.

Think about why you want to buy a home: Do you want to live in it or will it be an investment property This can help determine the kind of loan you apply for and home you buy, depending on your short and long-term plans.

Research potential properties and loans: Knowing the market is crucial, so do some research on the areas you are targeting. Check out auction clearance rates and recent sales, as well as price trends in the area. Once you are aware of what you are looking for and the approximate price, the next step is saving a deposit.

Savings: While some lenders will offer loans if you have saved less than the usual 20 per cent deposit , being able to show a record of good saving habits will aid in getting your loan approved.

Factor in other costs involved: Depending on the property, there can be a number of additional costs.This can include, but isn’t limited to, stamp duty, loan establishment fees, legal and conveyance services, utilities, property insurance, maintenance and lenders mortgage insurance

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Construction Loans

If you are thinking of building your own home, you will need to be familiar with the ins and outs of construction loans.

With Construction Loans there are additional decisions to be made about the structure of the loan, additional documentation is required and the funding is released in an entirely different way.

In addition to documentation about your finances, income and identity, your application for a construction loan needs to include contracts or tenders for the construction, as well as the plans so that a valuation can be performed.

Further documentation will also be required before the first payment is made from the lender to the builder, including a schedule of the payments to be made (called drawdowns), the builders’ insurance details and the final plans that have been approved by the local council.

The drawdown schedule is very important, as you don’t start paying interest on each portion of the loan until it is paid to the builder.
Annette Tothill Finance has the expertise to find you the Construction Loan that best suits your needs


Whether you are after lower repayments or want to tap into the equity sitting in your home, refinancing can offer a world of benefits.

Finding a lower interest rate doesn’t necessarily mean you have a better deal. In fact, a product with more features may cost you a bit more in fees or interest, but could save you more in the long run.

There are fees involved when you refinance which may include discharge and application fees, a valuation fee, land registration fee, and mortgage insurance. You may also be subject to stamp duty depending on what state your property is located in. While these cannot be avoided, Annette Tothill Finance will ensure that the costs involved are not higher than the savings, to make the process worthwhile.

Talk to Annette

Annette Tothill will research the market, negotiate the loan on your behalf and help you secure the right loan to suit your specific requirements.

0420 973 551

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