Frequently Asked Questions

Yes. Freedom Financing Pty Ltd holds Australian Credit Licence (ACL) 389328 and is a member of the Mortgage & Finance Association of Australia (MFAA). Broker Jorden Harris is fully licensed to provide credit assistance across all commercial and residential lending products.

In most cases, no. Brokers are paid a commission by the lender upon settlement. We always disclose how we are paid — including the upfront and trail commission amounts — before submitting any application, as required by our credit licence obligations.

A broker accesses multiple lenders simultaneously, matches your situation to the most suitable product, manages the paperwork, and negotiates on your behalf. A bank can only offer its own products. We work for you — not the lender.

We arrange commercial property loans, business loans, equipment and asset finance, working capital, SMSF lending, development finance, home loans, investment property loans, commercial refinancing, and personal finance.

Most commercial property loans are available at 60–75% LVR. Owner-occupied commercial can reach 75–80% with some lenders. Investment commercial is typically 60–70%. Specialist lenders may offer higher LVRs for strong deals.

Yes. Mixed-use properties (e.g. ground-floor retail with residential above) are assessed differently by different lenders. We match your mixed-use property to lenders with the right appetite and policy.

Most commercial loans require 2 years of business financials. Low-doc options are available for some commercial products, typically at a slightly higher rate, and are subject to minimum equity and income requirements.

Business loans can fund equipment purchases, business acquisition, fitout and renovations, inventory, marketing campaigns, working capital, and general business expansion. The purpose affects which lender and product is most suitable.

Established businesses (2+ years trading) have more options. Newer businesses may access short-term unsecured finance from fintech lenders, invoice finance (if invoicing B2B), or secured loans with property as collateral. We are upfront about what is genuinely available for your stage.

A secured loan uses an asset (usually property) as collateral — it generally offers lower rates and higher borrowing limits. An unsecured loan has no collateral requirement but typically has higher rates, shorter terms, and lower maximum amounts.

Virtually any business-use asset: vehicles (cars, utes, trucks, vans), earth-moving equipment, trailers, forklifts, manufacturing machinery, medical and dental equipment, IT and technology assets, solar and energy systems, and more.

A chattel mortgage means you own the asset from day one, with the finance secured against it. With a finance lease, the lender owns the asset and you pay to use it, with an option to purchase at the end. Chattel mortgages are the most common choice for GST-registered businesses as GST can be claimed upfront.

Yes — many lenders finance used equipment. Acceptable age limits vary by asset type and lender. Late-model used vehicles and equipment are generally straightforward. Older assets require specialist lenders.

Generally, you need at least a 5–10% deposit for residential purchase, though 20% avoids Lenders Mortgage Insurance (LMI). First home buyers may access grants and concessions that reduce the effective deposit needed. We assess your specific situation.

LMI is a one-off insurance premium paid when you borrow more than 80% of the property value. It protects the lender (not you) in the event of default. LMI can be added to your loan amount in most cases. Some professions (doctors, lawyers, accountants) can access no-LMI loans above 80% LVR.

Fixed rates provide certainty and protect against rate rises but limit flexibility (break costs apply). Variable rates allow extra repayments, offset accounts, and redraw, and benefit when rates fall. Many borrowers split their loan between fixed and variable. We help you model both options.