Your Journey, Our Direction

Our home loan service comes at no cost to you as we are paid by the lender by way of commission. We are completely transparent with all commissions, which are fully disclosed to our clients. 

Whether you are starting out with your first home, upgrading to a new home, refinancing or building an investment portfolio, now is a good time to see your Peard Finance mortgage broker. We can advise of the vast amount of mortgage options on the market to find a loan for you.

When you meet with a broker, we will discuss your individual circumstances and mortgage needs. We will then use our specialist mortgage software to compare hundreds of home loans to find the one that's right for you.

Alvarino Pty Ltd trading as Peard Finance is the holder of Australian Credit License Number 415832 as issued by the Australian Securities and Investments Commission (ASIC). We are a business that provides solutions based outcomes to all our clients to assist them with their lending requirements.

It is of high importance to us that we always uphold the very best professional standards in relation to conduct and compliance when assisting our clients. Our team of dedicated members are qualified, trained and experienced and adhere to all the requirements of ASIC in their roles as Industry Professionals.

Responsible Lending

To comply with our responsible lending obligations as a licensee, Peard Finance must not enter into a loan with a consumer, suggest a loan to a consumer or assist a consumer to apply for a loan if the credit contract is unsuitable for them. To ensure compliance with our responsible lending obligations, and depending on the circumstances, Peard Finance will:

1. Make reasonable inquiries about the consumer's requirements and objectives in relation to the loan;
2. Make reasonable inquiries about the consumer's financial situation (i.e. to determine whether the consumer has the capacity to repay the loan); and
3. Take reasonable steps to verify the consumer's financial situation
4. Produce and retain a copy of our preliminary credit assessment
5. Immediately as practical, upon request, provide the consumer with a copy of both the preliminary credit assessment that the loan writer has produced and the preliminary credit assessment produced by our loan writing software.

Internal Dispute Resolution (IDR) Procedures

Peard Finance has adopted the Mortgage and Finance Association of Australia (MFAA) example of IDR procedures. Peard Finance review those procedures annually to ensure they remain appropriate for our business and to adopt any changes made by the MFAA to these procedures. Our customers are informed of our dispute resolution procedure and information about it also appears about it on this website at the IDR & EDR Process tab.

If you are buying or building your first home, you may be eligible to apply for the First Home Owners Grant (‘FHOG’).

If you are buying or building your first new home, you may be eligible to apply for the first home owner grant (‘FHOG’). Administered by the Office of State Revenue, the FHOG scheme provides a one-off payment for eligible applications. There are no income or assets tests to qualify for the FHOG.

First home owners buying or building a new home may apply for a grant of up to $10,000. Contracts signed between 1 January 2017 and 30 June 2017 may be eligible for an additional boost payment of $5,000.

The current FHOG applies to new residential dwellings only and does not apply to established homes, vacant land, business premises, holiday houses or minor renovations to an existing home. Where a first home owner purchases a home that has undergone substantial renovations, they may be eligible to apply. Please refer to the First Home Owner Rate of Duty fact sheet for further information.

For more information on the FHOG please visit First Home Owners Grant

It may be advisable to arrange such insurances through your superannuation provider, so the premiums are paid from your superannuation savings, thereby providing tax advantages.

You insure your house, your contents and your car and even your mobile phone, but where would you and your family be without income protection insurance or worse, if they were left with a mortgage but no life insurance to pay it off in the event of death or total disablement of the primary income earner.

Without adequate cover you could lose everything you have worked so hard to get because of one simple oversight! We don’t want that to happen to you!