Borg Financial’s allegiance is to our clients first. Secure a private mortgage that helps you reach your financial goals. Discuss your needs with our brokers and get tailored services, advice, and support.
Solicitor Loans
Comprehensive Private Mortgage Broking Solutions
Private mortgages, also known as Solicitor Loans, are loans where the borrower is connected directly to a lender through a solicitor or broker. There is no bank involved, allowing different terms to be set and giving you as a borrower greater control over the funds. If you’re considering a private mortgage to fund the purchase of a new home or investment property, Borg Financial can coordinate and mediate.
Our team of experienced finance brokers, investment strategists and financial experts assess your unique needs and financial situation to connect you with the right loan and lender. Our tailored services are designed to provide you with the information you need to make an informed decision and help you avoid any pitfalls when negotiating the loan. We can take care of the entire administrative and loan broking process for you, providing support throughout the loan term.
Our Private Mortgage Broking Services
Private Mortgage Broking
We compare hundreds of loan options from 40+ lenders to find the best option for you, helping you reach your goals.
Mortgage Refinancing
If there is an opportunity to refinance for better terms, we’ll inform you and guide you through the process.
Mortgage Portfolio Review
If you have mortgages already, we can review your portfolio for any areas that can be improved.
How Does a Private Mortgage Work?
Like any mortgage, private mortgages and solicitor loans allow a borrower to secure the funds they need to purchase property. Funds are lent to the borrower, with the property or assets as security, and are paid back in increments over time until the loan is paid back in full, with interest.
While a private lender will sometimes take on “riskier” loans that a bank may not, they can be more strict when it comes to security. As a result, a borrower may have to offer up more as security. Interest rates may be higher as well, making it especially important to have a plan when entering into a solicitor loan. There are also Application Fees, Brokerage Fees, Valuation Fees and Legal Fees to consider. For these reasons, it’s important you take on a private mortgage through a broker or solicitor, as they will be able to set out terms and a legal framework that is fair for both the borrower and lender.
Why Choose Borg Financial?
Since 2019, Borg Financial has been revolutionising the way our clients approach loans. We’re committed to delivering high levels of people-focused satisfaction, achieving this by putting your best interests at the core of all our tailored services. As a relatively new firm, we lead with a technological advantage that puts us on the cutting edge of mortgage broking. If you’re seeking a partner in finance, one who will provide you with the tools and support you need to succeed financially, contact Borg Financial today.
Multi-Award Winning Mortgage Broker
Compare Hundreds of Solicitor Loan Options
Stress-Free Loan Broking Process
Contact Borg Financial Today
Borg Financial can help you compare hundreds of solicitor loan options and help you reach your financial goals. Request a consultation today.