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License details

This website holds information for Australian Residents only.

Clarity Financial Group holds an Australian Credit License under the National Consumer Credit Protection Act 2009 as issued by ASIC. License number 387423. We are members of the Finance Brokers Association of Australia. Membership Number 4111. We are members of the Australian Financial Complaints Authority. Membership Number 45422.

View the Clarity Financial Group privacy policy here.

Our complaints contact person for our Internal Dispute Resolution Scheme is Mark Edlund.
Phone: (02) 6209 1990
Fax: (02) 6249 1613
Postal Address: GPO Box 175 Canberra City ACT 2601
Email Mark

Our deputy complaints contact person is Kristy Edlund
Phone: (02) 6209 1990
Fax: (02) 6249 1613
Postal Address: GPO Box 175 Canberra City ACT 2601
Email Kristy

Australian Finance Group
As Mortgage Brokers we are required to process our loans through an Intermediary Company. We work with Australian Finance Group Pty Ltd as they have the best support in place to maintain our industry training and compliance. AFG provide an electronic platform which allows us to submit your loan application online directly to the lenders. This enables us to cut days off the loan process.

Nitish was always professional, courteous and understanding of our needs, and his honest, friendly and personable approach was very much appreciated in what was a big life decision for us.
Michael, October 2017
I have no hesitation in recommending Rob and Clarity as a mortgage broker with knowledge, understanding and integrity who will work with you to achieve your goals and ambitions.
Mark, October 2017
It was a delight to work with Arman as he was very friendly and accommodating as well as professional. He made the process of putting my mortgage application through very easy.
Arshia, October 2017
Nitish guided us through the whole process. It was so comforting to have him help us at each step of the way.
Jennifer, June 2017
Michael has great knowledge of the finance industry and his advice is second to none. He showed me ways to save money on my mortgage by way of refinancing. Thank you Michael!
Ann, October 2017
Arman walked us through what was a complicated finance arrangement. The outcome was great as was the entire process - easy and trouble free.
Samuel, November 2017
I entered the processes as a clueless first time buyer. Shannon worked at my pace to ensure I was confident with what was happening and what to expect next. I could not praise him highly enough.
Amie, October 2017
Shannon is excellent in his profession, he is a great communicator and a good listener. We would be more than happy to recommend Shannon to friends and family.
Gabi, October 2017
The service provided by Nitish went above and beyond my expectations. He was patient and kind and has an excellent knowledge of the products on the market and ensures that the clients needs are met to a 'T'.
Kelly, October 2017
Arman found the best loan for us and made the process of switching lenders quick and hassle-free. I cannot recommend him highly enough.
Natasha, October 2017
Using Rob was a painless process - he did all the leg work, we just had to sign the documents!
Tracey, November 2017
Michael Searle is the best at what he does. His professionalism and knowledge of what he does is shown by how seamless the entire process is from application to settlement.
Paige, November 2017

We understand that the process surrounding the purchase of your first home can be as stressful as it is exciting. Let the Mortgage Brokers at Clarity Home Loans make it simple for you.

You can benefit from our expertise and total understanding of the eligibility criteria for the two separate processes of stamp duty deferral and stamp duty concession. We will explain in detail all of the benefits and allowances relevant to your situation, and will run through how stamp duty deferral can benefit you by reducing your overall purchasing costs.

Once these details have been covered, and we have a comprehensive understanding of your situation, we can be confident in recommending the loan and lender which will best meet your needs.

Best of all, Clarity Home Loans’ mortgage broking service costs you nothing and is obligation free.

1. How much can I borrow?

This is not a simple question to answer! Your unique financial circumstances and personal situation will determine the amount you can borrow, and this amount will differ from one lender to another. Speak with a Clarity Mortgage Broker today to find out exactly what your borrowing capacity is.

2. How do I choose which home loan is best for me?

There are hundreds of different home loans available, and an individual assessment of your needs by a Mortgage Broker will determine which specific option and home loan features are best suited to you. Make an appointment today to speak with one of our experienced team members and allow us to do the hard work for you.

3. What is the minimum deposit that I will require?

For most lenders, if you are buying a home to live in you will require between 5 – 10% of the purchase price in way of a deposit. If you are buying an investment property, it will in most cases be at least 10% of the purchase price. There will be variations to this however, depending on the type of loan and the lender that is selected.

For those without an adequate deposit, it may be useful to consider using a Guarantor to assist you (see next question).

4. What is a Guarantor?

Many lenders will allow a related third party to provide additional security to help a family member buy their own home when they have limited or zero deposit.

A guarantor is linked to a loan by a guarantee taken over a property that the guarantor already owns. This guarantee, and their property, can be released and the guarantor’s responsibility stopped without the loan having to be repaid in full. Conditions do apply, please speak to one of our Mortgage Brokers to obtain full details.

5. What are the costs?

As a rough guide, it is recommended that you budget 5% of the purchase price, on top of your deposit, to cover fees and charges associated with property purchase. These fees and charges may include items such as building/pest inspections and/or strata reports; conveyancing fees; stamp duty; council rates etc, however the amount may be reduced with the assistance of grants and/or exemptions. Please see the next question below for further details.

6. Am I eligible for any grants or exemptions?

If you have never owned a home before and you meet the eligibility criteria you may qualify for the Government's First Home Owners scheme and receive a one-off Grant of $12,500. The Grant is not means tested and applies to new or substantially renovated properties.

As well as this grant, as a first home buyer you may also be entitled to a reduction in stamp duty costs, as well as possibly the option to defer the payment of the stamp duty for the first 5 years after the date of the transaction.

7. What is pre approval and how do I get it?

Pre-approval is a lender’s assessment of your creditworthiness and eligibility for a loan, obtained before a formal loan application has been lodged. It is important to understand that some pre-approvals do not properly investigate your ability to obtain a loan, and should not be used as a guarantee of your ability to obtain finance.

8. What is mortgage insurance, do I need it?

If you are borrowing more than 80% of the lender’s valuation of the property, it is likely that you will require Lenders Mortgage Insurance (LMI). Some lenders will allow the LMI premium to be added to the home loan amount, others will require the premium to be paid up front. It’s important to know that LMI is not insurance protecting the borrower – it protects the lender from incurring any losses if the borrower defaults on their loan repayments.

9. What are deposit bonds?

A deposit bond allows you to purchase a property using the bond as a substitute for a cash deposit. The bond acts as a guarantee that you will instead pay the full purchase price at settlement. Both short and long term guarantees are offered to suit any settlement terms.

Short term guarantees can be used for settlement periods of up to 6 months, whilst long term bonds can be used where settlement will not occur for between 6 to 48 months.