GenLease 57-59 Oxford Street, Bulimba, Queensland 4171

Welcome to GenLease, located at 57-59 Oxford Street, Bulimba, Australia. We are a finance establishment and a point of interest in the area. As a part of Generation Financial Group, formerly known as Generation Mortgage and Property, we specialize in Residential and Commercial home loans, leasing, and vehicle finance.

At GenLease, we understand the importance of finding the right loan to suit your needs. Instead of wasting your precious time browsing through multiple lender websites, let us do the hard work for you. We have the knowledge and expertise to navigate the market and negotiate the best loan terms on your behalf.

Whether you are an investor, a self-managed super fund borrower, or a business owner looking for personal vehicle or equipment finance, we have fully featured loans to cater to your specific requirements. Our approval process is fast, and we offer competitive interest rates to ensure your financial journey is smooth and affordable.

When you work with GenLease, you can rest assured that our mortgage brokers prioritize your needs. We work closely with you to understand your requirements and leverage our experience to secure the right loan from the lender. From paperwork completion to managing the application process, we handle everything until the settlement, making your life easier and saving you time.

Understanding the terminology is crucial when it comes to loans. LVR, which stands for "Loan to Value" Ratio, determines the loan amount in relation to the property value. LMI, or Lenders Mortgage Insurance, is a form of protection for the lender in case of default by the borrower. It is important to note that LMI covers the lender, not the borrower, and is generally required if the LVR exceeds 80%.

When choosing between fixed and variable rates, it's essential to consider your preferences and financial goals. A fixed rate provides certainty by locking in your monthly repayments, protecting you from future rate rises. On the other hand, a variable rate offers flexibility, including extra repayment options, offset accounts, and the ability to redraw on your loan. However, it also carries the risk of rate fluctuations.

One of the benefits we offer is an offset account, which is a transactional account linked to your home loan. The balance in the offset account reduces the interest paid and shortens the overall loan term. For example, if your home loan balance is $250,000 and you have $10,000 in your offset account, you will only be charged interest on a $240,000 loan.

At GenLease, our aim is to simplify your loan search, save you time, and make your life easier. Book an appointment with a Generation Financial Group Consultant today and let us assist you in finding the right loan for your needs.