General Questions
A mortgage broker compares loan options across multiple lenders on your behalf, helps structure your application to match lender criteria, and manages the process from pre-approval through to settlement — at no cost to you.
Nothing. Credoleap Finance is a fee-free service to borrowers. We're paid a commission by the lender once your loan settles.
Credoleap Finance has direct access to a comprehensive panel of over 40+ leading Australian banks, regional lenders, and non-bank credit providers, giving you access to hundreds of distinct loan features and structures.
Generally: proof of identity, recent payslips or tax returns, bank statements, and details of any existing debts or assets. We'll give you a personalised checklist once we understand your situation.
We work with a broad panel of lenders, including specialist and non-bank lenders with more flexible credit criteria, so it's worth having a conversation before assuming you don't qualify.
As at July 2026, South Australia's First Home Owner Grant is $15,000 for eligible first home buyers building or buying a new home, with no property value cap.
New builds and vacant land purchases in SA currently attract $0 stamp duty with no price cap. Established homes don't receive this relief.
As at July 2026, the price cap for the First Home Guarantee scheme is $900,000 for Adelaide metro and $500,000 for the rest of South Australia.
LMI protects the lender (not you) when you borrow with a smaller deposit — generally under 20%. As an example only: on a $600,000 property with a 5% deposit (95% LVR), LMI could cost roughly $15,000 upfront, or around $335/month if capitalised into the loan.