FAQ

What can Praesidium Life do for you?

Sit down with you and get a thorough understanding of your circumstances, needs and goals.

Based on your individual situation, compare a wide range of home loans from many lenders – including the major banks – to help you work out the options that suit you without you having to do any of the legwork.

Give you a clear comparison between different home loans.

Calculate how much you can borrow and your likely monthly repayments so you know the price range you can afford to buy in.

Explain all the costs associated with a loan.

Prepare the paperwork, lodge the application and take care of all the running around.

Help you complete and lodge an application for the First Home Owners Grant (if applicable).

Negotiate the right deal for your needs with the lenders. Lenders receive a significant amount of business through the broker channel so it's in their best interest to work closely with brokers.

Explain the home buying process end-to-end.

Liaise with your lender to get an indicative approval and provide any additional information if required.

Provide property details, such as contracts, to your lender once you've found your property and follow up with the lender until final approval is provided.

Advise you on the information and documentation your solicitor or settlement agent needs to provide to complete the transaction.



Do I have to pay a fee?

Our service is considered complimentary as Praesidium Life is paid by the lenders for bringing the clients to them.



Why don’t I just go to the Bank myself?


We help assess all your options, whereas the Bank is restricted by being only able to present one view.