What Clients Often Ask 

Your Questions Answered

Do you charge for lending assistance?

We keep our price structure fair.

Our initial consultation is free, so you get to know us and decide if our service and team are a good fit for you.

Applying for finance is very personal, so it is important your feel confident and comfortable with the person you select to assist you.

Once you are ready to apply for a loan, we take a lot of time to check the information you provide and ensure we select  a lender and product that really suit you.

 

Generally it takes between 10 and 20 hours of work by your broker at Mandala Financial Services  from the initial consultation to loan settlement.

Mortgage brokers do not get paid by the lender until a loan settles. We understand that sometimes on the lending journey things change and you do not proceed with an application. That is why we charge an engagement fee to recoup a portion of the time we have spent assisting you.

We are confident that our processes are robust and provide realistic lending outcomes before a loan application is submitted.

OUR LENDING ASSISTANCE FEES

New Loans: Home and Investment

Initial Consultation

Duration    Up to 45 min

Cost             $0

A discussion about your lending requirements, current assets and liabilities, income and expenses.

Quick lending limit assessment.

Engagement Fee

Duration      generally up to 4 hours

Cost               $399

 

Includes a full review of your personal circumstances

Ordering of Credit History Reports ( with your signed consent)

Review of your noted living expenses

Research of lending options to meet your stated needs and circumstance.

Writing and discussing your Credit Proposal which outlines our recommendation.

Loan submission
and management through approval process

Cost $0

Loan Refinance: Home and Investment

Initial Consultation

Duration    Up to 45 min

Cost             $0

A discussion about your lending requirements, current assets and liabilities, income and expenses.

Quick lending limit assessment.

Engagement Fee

Duration      generally up to 4 hours

Cost               $299

 

(which is refunded for net loans settled over $450,000 post loan settlement)

Includes a full review of your personal circumstances

Ordering of Credit History Reports ( with your signed consent)

Review of your noted living expenses

Research of lending options to meet your stated needs and circumstance.

Writing and discussing your Credit Proposal which outlines our recommendation.

Loan submission
and management through approval process

Cost $0

Pre Approvals

Initial Consultation

Duration    Up to 45 min

Cost             $0

A discussion about your lending requirements, current assets and liabilities, income and expenses.

Quick lending limit assessment.

Engagement Fee

Duration      generally up to 4 hours

Cost               $299

(which is refunded for net loans settled over $450,000 post loan settlement)

Includes a full review of your personal circumstances

Ordering of Credit History Reports ( with your signed consent)

Review of your noted living expenses

Research of lending options to meet your stated needs and circumstance.

Writing and discussing your Credit Proposal which outlines our recommendation.

Loan Pre Approvals Resubmission Fee

Duration      up to 4 hours

Cost               $295

 

As you embark on the property buying journey it can held to be confident you have a loan per approval.

Due to the nature of a preapproval and how long it is valid for, we may need to write several credit proposals and re submit your application.

 

For each pre approval resubmission we charge a fee of $295

Loan submission
and management through approval process

Cost $0

Business Lending, Commercial Property and SMSF Loans

Our service fee will vary depending on the number of entities involved in the transaction and the net loan amount settled.

 

After discussing with you the property purchase and loan requirements an individualised Credit Quote will be provided if a fee applies.   

Bridging Finance 

Each bridging finance application is unique.  We will discuss your situation and provide a credit quote for the service charge. 

Equipment Finance, Car Finance and Insurance Premium Funding 

Generally we do not charge a  direct fee for this service to our clients. If a service fee is applicable we will advise at the beginning of the process.

Why is the business named "Mandala"?

Each letter in "Mandala" can be linked to a focus in our interactions with you:

Management

Acumen

Nurture

Development

Advocacy

Learning

Advice

The logo depicts the importance of a holistic approach to your financial situation. The various parts may be financial, emotional, family and friends, adventures for the future, events that happened in the past. All are unique and important to you in helping to achieve your desired financial outcomes.

We choose Mandala, as it symbolises how various elements interact to create a whole.

 

Order and harmony of each part, create your complete universe with many competing but significant elements. To exclude one part is to omit seeing the whole picture.

The meaning of the word “mandala” comes from Sanskrit meaning "circle" or “disc”.

Mandalas offer balancing visual elements, symbolizing unity and harmony.

In analytical psychology (or Jungian psychology) a mandala is a symbol in a dream, representing the dreamer's search for completeness and self-unity.

This type of theme is also very relevant in your financial journey and depicts the related elements in achieving your objectives.