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I want to
- Refinance
- Buy a home
- Build my property portfolio
Maximising your investment for life
You’ve worked hard to earn your dream home, now it’s time to reassess and make the most of your investment.
With hundreds of loan options, it’s easy to put refinancing in the ‘too hard basket’. Gaining expert advice and committing to informed decisions today can have incredible financial benefits over the life of your loan.
We manage the entire process, working for you, but more importantly, with you, to discover the best loan while ensuring a seamless transition from your current loan.
How we help
We access over 1000+ loan options to compare, find, and negotiate the best rate for you.
We ensure you make well-informed decisions that align with your long-term goals.
We provide ongoing support and check-ins to ensure you have up to date info and the best rate, always.
Buying a Home
Your job is to make memories in your new home, ours is to connect you to the best loan to make it happen.
Buying a home should be one of the most exciting moments for you and your family. Don’t let your worries around financing and mortgage rates take away from your special moment. Know you’re getting the right advice, making the right decisions, and getting the best lending outcomes with a Coastline Advice Home Loan.
How we help
We have access to thousands of loan options, negotiating the best rate for you (not the banks).
From mortgage insurance, stamp duty through to legal fees and more, we guide you through the entire home buying process.
Experienced, friendly financial advisors that go beyond home loans and work towards your best interests.
BUILD PROPERTY PORTFOLIO
Building or expanding a property portfolio can be a daunting task when managing it on your own. Coastline Advice Home Loans are your property portfolio partner. We are the experts on your team that understand what you need to succeed.Coastline Advice takes the time to understand your property investment goals and build a strategy to give you the best chance at success.
From structuring your lending in the most cost-effective way, to diversification and risk management, we provide the information you need, when you need it most.
How we help
We apply a tailored investment strategy to meet each individual’s unique financial goals
We build long-term relationships with our clients, evolving and growing with you along the journey.
We are transparent and authentic, working with your best interests in mind and a commitment to long-term success.
Our Lenders
35+
years of experience
About coastline Advice
Lenders that work for you, not the banks
We help clients imagine the life they want, believe it is possible and help them achieve it.
We take the time to understand you and the life you want to lead.
We partner with you on your journey and life’s major milestones.
We provide informed financial advice to get you where you want to be.
Why people trust Coastline Advice Home Loans
Authenticity
We are real people that genuinely want to see you achieve the future you want.
Connection
We are locals, living and breathing where we work and sharing a passion for our local community with our clients.
Outcomes
We partner with our clients to help them achieve their ideal lifestyle, whatever that may be.
Latest Client Stories
Derek & Liz
My wife and I were approaching retirement and we were concerned…
Belinda & Andrew
We can’t thank Darryn Jacobs from Coastline Advice enough for his…
Ash & Lauren
We wish to extend a sincere thanks to all the staff at Coastline for your guidance…
Get Started
Let’s chat about your dream lifestyle and find out how we can help get you there.
Torquay Head Office
Suite 01, 108-110 Surfcoast Hwy, Torquay, VIC, 3228
Your privacy is important to us and Coastline Advice, which is part of AMP. You may request access to your personal information at any time by calling us on (03) 5264 7700 or contacting AMP on 1300 157 173. Information collected will be subjuect to AMP’s Privacy Policy. You can also contact us or AMP if you do not wish to receive information about products, services or offers available from us or AMP from time to time.
Frequently Asked Questions
Can I make an extra repayment on my loan?
Making extra repayments towards your loan is an effective way to pay off your home loan faster. Nevertheless, it’s important to be clear on what this means for your loan type.
Variable rate home loan:
If you have a variable rate home loan or loan split, you can make unlimited additional repayments into your home loan. If your home loan includes a redraw feature, you might also have the option to withdraw these surplus funds if necessary. It’s important to take into account that depositing or withdrawing funds into/from your loan account could impact the minimum monthly repayment requirement.
Fixed rate home loan:
While it’s possible to make extra repayments into your fixed rate home loan or loan, there is a limit on how much you can pay each year. Fees may be applicable if you exceed the specified limit. Additionally, it’s crucial to be aware that any supplementary payments will be locked into your loan for the duration of the fixed term, barring any withdrawals.
If you would like to make any changes to your loan repayments, contact us at 5264 7700 to explore the available alternatives
Can I make changes to my fixed loan?
Fixed rate home loans offer an assurance that the interest rate won’t change over the duration of your loan, giving you more certainty around your repayments.
If you’d like to make alterations to your loan, refinance, or sell your property prior to the conclusion of the fixed rate term, you will be required to cover a break cost fee. This fee is calculated on expenses incurred at the moment you make modifications to your home loan and can be substantial.
To know more about your options and the costs of breaking your loan, call us on 5264 7700.
Can I change from principle and interest repayments to interest only?
Interest-only payments are frequently opted for by homeowners and investors seeking to manage their cash flow and leverage potential tax benefits. This arrangement entails that you solely cover the accruing interest that is charged to your loan.
Opting for an interest-only loan entails the following:
- Your scheduled payments will not diminish the principal amount of the loan. As a result, your payments will not contribute to the increase in equity of your property during the interest-only period.
- Your loan might carry higher interest rates compared to loans that necessitate repayment of both the borrowed amount and the interest.
- Once the interest-only period concludes, you will be obligated to make principal and interest repayments. These payments will be larger than if you had been making combined principal and interest repayments right from the commencement of your loan.
Your eligibility must be assessed for you to quality for an interest only payment. Speak to our team on 5264 7700 to explore your options.
I’m refinancing, what do I need to do?
Your Coastline Advice Home Loans broker is able to assist you through the process of discharging your existing loan for a smooth experience.
Initiating the process involves filling out and signing a discharge form. Within this form, you will be required to provide the necessary contact information, which is typically the representative for your new lender. Ask your Coastline Advice Home Loans broker for help if you’re not sure who this contact might be.
The discharge process might take up to 21 days, so it’s advisable not to delay until the last minute. In instances where the details are complex, a partial discharge might require additional time.
If you’re not using a broker, we encourage you to contact us at your earliest convenience. This way, we can discuss the procedure and ensure a smooth discharge process.
Can I skip a mortgage payment and add it on at the end?
Speaking to a Coastline Advice Home Loans broker can provide you with multiple options for repaying your debt when you do not have the funds to do so. One option is to skip mortgage payments and add them to the end of your loan. This will not erase the debt but extend your loan term and assist you in the short term.
Some lenders have financial help programs that can assist you in freezing your repayments for up to 6 months. You are required to prove that you are experiencing a financial crisis and not have the funds to repay your loan.