Find the Right Home Loan on the Central Coast


The Dream

Saved your deposit and finally ready to get into the housing market? Has your family recently expanded and it’s time for a bigger property? Whether you’re buying your first home, second home or just adding to your investment property portfolio; having access to the right financing can make the world of difference.

At Coast & Country Insurance Consultants, we also operate a finance and mortgages division known as Coast & Country Home Loans & Finance. Here, we help clients access a range of lenders and products to find the most suitable home loan based on their needs, income and other criteria. Based in The Entrance, we service the Central Coast and surrounding suburbs. We can also assist clients in other regions around Australia. Call (02) 4334 3622 and sit down with our brokers & advisors today.

Human Hands Holding Model — Insurance Broker in The Entrance, NSW

Loans We
Can Help With

Coast & Country Home Loans has been operating since 2003. Through our current referral sources, Coast & Country Home loans has access to the following through the major and non-major banks, and non-conforming lenders:

If you have had previous credit problems, we may be able to help. We also source other types of finance for clients such as vehicle loans and lines of credit. Contact us on (02) 4334 3622 to discuss your finance needs.

Frequently Asked Questions

The amount you require as a deposit to take out a home loan varies by lender. Major lenders will typically offer you loans with as little as 10% deposit (90% LVR), and in some instances as little as 5% (95% LVR) or less. A greater deposit will often translate into a cheaper interest rate as lenders see this as an indication of lower risk. Typically if you have a deposit less than 20% (80% LVR) you’ll need to pay for LMI.

Lenders Mortgage Insurance (LMI) is typically required when you take out a home loan that is more than 80% of the cost of the property you intend to buy (also known as LVR). Because offering up a smaller deposit is seen as higher risk by lenders, they will require you to take out LVR as it provides them some protection in the event you default on your repayments. A common misconception is that LMI covers you, the borrower; it doesn’t’! LMI will typically be arranged by the lender upon successful application of your new home loan and is due for payment upon settlement. Alternatively, most lenders can add it to your home loan so you pay it off over time.

The main difference between a fixed and variable rate home loan is the interest rate. A variable rate home loan will have an interest rate that fluctuates over the course of your repayment period (e.g. 25-30 years or so). A fixed rate home loan essentially hedges against interest rate fluctuations over a period of time; often between 1-5 years. After this period the loan will typically revert to a variable rate for the remainder of your repayment period unless you lock in another fixed period.

Fixing your interest rate, does come with risks. For instance if the variable interest rate falls and you’re locked into a fixed rate, then you’ll be paying a higher rate than you otherwise might if you hadn’t fixed. There are also other conditions that come along with fixing your rate, such as a ceiling on how much you can repay during the fixed period (ultimately limiting your ability to take full advantage of a lower interest rate).

Before deciding on whether to fix or not, speak with our brokers, we’ll help you navigate the minefield that is home loans.

Obtain Finance on the Central Coast


Finance Your Next Purchase

Are you planning on buying a new car but don’t want to pay the whole cost upfront? Need a line of credit to help renovate your home? Having access to financing when you need it is important. It can literally be the difference between moving into your dream home or continuing to rent forever; between buying equipment that’ll help your business grow or missing out on projects; or even the difference between having the cashflow to meet your short-term commitments or reluctantly closing your doors.

At Coast & Country Insurance Consultants, we also operate a home loan and finance division known as Coast & Country Home Loans & Finance. We help clients find personal and business finance suited to their circumstances. Based in The Entrance, we service customers on the Central Coast and in other regions across Australia. Call (02) 4334 3622 to book a consultation.

Man Passing the Car Key — Insurance Broker in The Entrance, NSW

Access To a Wide Variety of Lenders

Tony Lucas is the Managing director of Coast & Country Home Loans & Finance and he has been involved in finance on the Central Coast for over 25 Years.

Through our referral sources, we have access to the majority of mortgage lenders, whether they are banks, non-banks or private lenders. We also have access—directly or indirectly—to most lenders of commercial, car and equipment loans. We can also source finance for purchasing of properties (residential, rental and commercial), vacant land, refinancing and consolidation.

Individuals & Partnerships

For individuals and partnerships, we have access to the following lender and loan types:

Loan Types


Calculating Loan Amount — Insurance Broker in The Entrance, NSW
Equipment Loan Concept — Insurance Broker in The Entrance, NSW

Motor Vehicles, Trucks, Equipment & Fittings

For financing of motor vehicles and equipment, we have access to the following lender and loan types:

Loan Types


Frequently Asked Questions

A line of credit is an alternative to a personal loan. Whereas a personal loan has a fixed term, a line of credit will have a credit limit which can be drawn down on when required. This additional flexibility makes it a viable option for financing home renovations, a holiday or as a back-up if you have irregular income patterns. Due to the convenience you may find that a line of credit has a slightly higher interest rate than your typical personal loan but a lower rate than most credit cards.

A low doc loan is an alternative to your standard full doc loans. They are usually an option for small businesses or sole traders where they don’t have access to the typical tax returns and financial information required when applying for a home loan. Lenders will take a bigger picture view of your situation but will still require plenty of information to feel comfortable that you’ll be able to meet your repayments. Because of the additional risk associated with funding a low doc loan, lenders will generally apply a higher interest rate than a comparative full doc loan.

As the name suggests, non-conforming lenders offer loans which don’t conform to traditional lending criteria. They’re an option for borrowers with a poor credit history, unusual income stream, structured loan requirements or who have recently relocated to Australia.

02 4334 3622