Frequently Asked Questions

Home Loans & Residential Lending

Q: What documents do I need to apply for a home loan?

You’ll typically need ID, payslips, recent bank statements, and details of any existing debts or assets. We’ll guide you through exactly what’s required for your situation.

Q: How much can I borrow?

Your borrowing power depends on your income, expenses, credit history, and the lender’s policies. We’ll assess your profile and give you a clear, realistic estimate.

Q: What is loan pre-approval, and should I get it?

Pre-approval gives you confidence when house hunting — it shows sellers you’re serious and helps you understand your budget. We can help you get pre-approved quickly.

Q: How much deposit do I need?

Generally, you’ll need at least 5–20% of the property price. If you’re a first-home buyer, you may be eligible for government schemes that reduce this.

Investment & Refinancing

Q: Can I use equity from my current property to invest?

Yes, equity can be used as a deposit for another property. We’ll help you understand how much is available and how to structure your loan strategically.

Q: How do I know if refinancing is worth it?

Refinancing could help you save on interest, lower repayments, or access equity. We’ll review your current loan and let you know if switching makes sense.

Q: Are there tax benefits to property investment?

There can be — such as deductions for interest and expenses. We recommend discussing your strategy with a qualified accountant as part of your lending plan.

Business & Commercial Lending

Q: What types of commercial loans do you offer?

We arrange funding for property development, commercial property purchases, equipment finance, and unsecured business loans — tailored to your needs.

Q: Can I get a loan if I’m self-employed?

Yes. We specialise in self-employed and complex lending, including low-doc and alt-doc loan options. We’ll work with you to present a strong application.

Q: How long does commercial finance take to approve?

It depends on the loan type and documentation. We’ll outline the process, timeframes, and what’s needed to keep things moving quickly.

Working with Starkast Financial

Q: How is Starkast different from a bank?

We’re independent — we work for you, not the banks. Our advice is always aligned with your best interests, and we compare 40+ lenders to find the right fit.

Q: Do you charge for your services?

In most cases, our service is free to you — we’re paid by the lender when your loan settles. If any fees apply, we’ll explain them up front.

Q: What happens after my loan settles?

We continue to support you with ongoing reviews, market updates, and guidance as your needs evolve. You’ll never be left in the dark.