FAQs about mortgage broking and home loans in Geelong & Torquay

1. What does a mortgage broker like Konnect do?

At Konnect Financial Services, our mortgage brokers act as your personal home loan guide. We compare a wide range of lenders to find the right home loan tailored to your financial situation, goals and property plans. Whether you’re buying your first home, refinancing, or investing, we handle the paperwork, negotiations, and approval process, so you don’t have to.

2. Why should I use a local mortgage broker in Geelong or Torquay?

Using a local broker like Konnect means you’re working with someone who understands the property trends, council developments, and lending requirements specific to the Geelong and Surf Coast region. We offer personalised advice that aligns with your area, whether you’re buying in Newtown, Highton, Armstrong Creek, or Jan Juc.

3. Can Konnect help first-home buyers?

Yes. We guide first-home buyers through the entire journey, from assessing borrowing power to applying for government schemes like the First Home Guarantee. We’ll explain stamp duty concessions and help you access eligible grants. Our support doesn’t stop at approval, we stay in touch right through to settlement.

4. I’m self-employed. Can I still get a home loan through Konnect?

Absolutely. We specialise in helping self-employed borrowers and business owners across Geelong and Torquay. We work with lenders who offer low doc loans, flexible income verification, and tailored lending solutions suited to your cash flow and business structure.

5. How does refinancing work and when should I consider it?

Refinancing involves switching your existing mortgage to a new loan or lender, often to access better rates, consolidate debt, or fund renovations. At Konnect, we’ll assess your current loan and compare it against the latest offer, potentially saving you thousands. Most clients in Geelong and Torquay review their loan every 2–3 years.

6. What if I’m upgrading homes and need finance before selling?

We offer bridging loan solutions for clients needing to buy before they sell. This is especially useful in competitive local markets like Geelong West or Torquay North. We’ll structure your bridging finance to reduce stress and help with timing, valuations, and repayments.

7. What makes Konnect different from a bank?

Unlike a bank, we’re not tied to one set of products. Konnect works with a panel of over 40 lenders to offer competitive rates and a wider choice of home loans. We focus on building long-term relationships and provide advice that evolves as your needs change, not just a one-time transaction.

8. Do you assist with property investment loans?

Yes. Whether you’re investing in Belmont or building in Mount Duneed, Konnect offers tailored advice on loan structures, interest-only options, and equity use. We’ll help you compare investor-friendly products and ensure your finance strategy aligns with your long-term goals.

9. How can I improve my chances of home loan approval?

We advise clients to maintain a stable income, reduce existing debts, and avoid major purchases before applying for a home loan. At Konnect, we also do a pre-assessment to flag any potential issues and ensure your application is strong before it goes to the lender.

10. What documents will I need to apply with Konnect?

Typically, you’ll need proof of ID, income (payslips or tax returns), assets, liabilities, and recent bank statements. Don’t worry, we’ll give you a personalised checklist and guide you through each step, whether you’re applying from Geelong, Torquay, or anywhere in between.

Please get in touch if you have any other questions.