InvestorFi

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Welcome to InvestorFi. It’s good to see you.
AUSTRALIA WIDE
BECOME A PARTNER

Credit Guide

About us (“we, us, our”):

Licensee

INVESTORFI PTY LTD

PO Box 472 Baulkham Hills NSW 1755

0490 828485

ABN: 39 660 332 132

Aggregator

CONNECTIVE GROUP PTY LTD.

ACN 161 731 111 

CRN 437202 

Authorized under Australian Credit 

License Number 389328

This document provides you with information relating to our activities and those of our credit representatives. It contains information about various fees and charges that may be payable by you to us, as well as about certain commissions we may receive from a licensee when we are acting as a credit representative, or we pay to certain third parties. It also contains information about what you should do if you have a complaint or dispute in connection with our services as a credit representative.

What is a credit representative?

A ‘credit representative’ is a person who has been authorized by a credit licensee to engage in specified credit activities on behalf of the licensee. Our licensee is INVESTORFI PTY LTD.

What is credit assistance?

We give you credit assistance when:

  • we assist you to apply for a particular loan or lease;
  • we suggest you apply for a particular loan or lease (or suggest you apply for an increase to an existing loan); or
  • We suggest you remain in your current loan or lease.

The assessment we need to do before giving you credit assistance

Before we provide credit assistance to you, we assess whether the particular loan or lease is suitable for you. To do this, we need to make reasonable inquiries and verify that:

  • the loan or lease or increase will meet your requirements and objectives; and
  • you can meet the proposed repayments. We won’t be able to give you credit assistance if our assessment shows that:
  • you won’t be able to meet the proposed repayments without substantial hardship; or
  • the loan or lease won’t meet your requirements or objectives.

Getting a copy of our assessment

If we provide you with credit assistance, you can ask us for a copy of our assessment any time up to 7 years after we provide you with a credit assistance quote. To request a copy please contact us. We will provide you with a copy:

  • within 7 business days after the day we receive your request – provided you make the request within 2 years of the date of our credit assistance quote; or
  • otherwise, within 21 business days after the day, we receive your request.

Information about the licensee and its credit representatives

We act as a credit representative for INVESTORFI PTY LTD. We are authorized to engage in credit activities including providing credit assistance on its behalf. 
Subject to meeting credit criteria, we are able to assist you to obtain loans and leases for you from a broad range of lenders and lessors through our Aggregator. Our mortgage Aggrogator, Connective Group Pty Ltd does not require us to recommend any particular lender and our Aggrogator does not set any quotas or obligations on us relating to recommending any particular lender.

The following are lenders or lessors with whom we generally conduct the most business:

  • Commonwealth Bank of Australia
  • St George
  • Suncorp
  • ANZ
  • Westpac
  • ING

Ownership

We obtain mortgage aggregation services from CONNECTIVE GROUP PTY LTD. CONNECTIVE GROUP PTY LTD provides services at arm’s length to our business which includes IT systems, loan information and lodgement systems, training and development, commission processing, conferences and professional development events, and assistance with regulatory and compliance obligations. 


In consideration of the services CONNECTIVE GROUP PTY LTD we pay fees to CONNECTIVE GROUP PTY LTD who retains some of the commission panel lenders pay on loans we arrange. Our business is owned and managed independently by CONNECTIVE GROUP PTY LTD.

Fees payable for the provision of credit assistance

We may receive remuneration from our Licensee and/or CONNECTIVE GROUP PTY LTD  and do not charge you any fees or charges in relation to acting as a credit representative.

Fees payable in relation to acting as a credit representative

We may receive remuneration from our Licensee and/or aggregator and do not charge you any fees or charges in relation to acting as a credit representative.

Other fees and charges

You may have to pay other fees and charges (such as application fees, valuation fees and other fees) to the lender, lessor or other parties. You should review the disclosure documents and your loan contract or lease for further details of any such fees and charges.

Commissions we receive from our licensee

Our Licensee has been appointed by CONNECTIVE GROUP PTY LTD  as its agent to receive commissions from lenders and lessors and to pay us commissions in relation to loan contracts or leases for which we act as a credit representative and provide credit assistance. The total amount of commission we may receive in relation to your loan or lease may vary depending on the lender or lessor, the term, the features, the amount of the loan or lease you ultimately choose and the amount and timing of the repayments that you make.

Loan Contracts such as Home Loans, Investment Property Loans

Upfront commission payable by lenders in relation to home loans and investment property loans is calculated as a percentage of the loan amount and is generally in the range of 0.65% and 0.7% of the loan amount. It is usually paid after the settlement of the loan.

Trail commission payable by lenders in relation to home loans and investment property loans is generally calculated regularly (monthly, quarterly, bi-monthly or annually) on the outstanding loan balance and is paid in arrears. The trial commission payable by lenders is generally in the range of 0.165% and 0.275% per annum of the outstanding loan amount.

Leases

Upfront commission payable by lessors in relation to leases is calculated as a percentage of the lease amount and is generally in the range of 1.65% and 3.3% of the lease amount. It is usually paid after the settlement of the lease. Trail commission is generally not payable in relation to leases.

Further details of the commission earned by us will be included in the credit proposal disclosure document we will provide to you at the same time as we provide you with credit assistance.

You can request information from us about the fees that we are likely to receive, how those fees are calculated, and our reasonable estimate of the fees or commissions that will be payable.

Volume bonus arrangements

From time to time we or CONNECTIVE GROUP PTY LTD may receive a benefit, directly by way of a cash bonus or additional commissions or indirectly by way of training, professional development days or sponsorship if we or CONNECTIVE GROUP PTY LTD. write a particular volume of loans offered by those lenders.

Commissions payable by us

If a third party has introduced you to us or referred you to us, we may pay them a commission or a fee. More detail about those payments will be set out in the credit proposal disclosure document we will give to you before we provide you with credit assistance.

We may obtain referrals from a range of sources, including real estate agents, accountants, financial planners or other people.

Further information about referral commissions, including our reasonable estimate of the amount of any commission payable and how it is calculated is available from us on request and will be included in the credit proposal disclosure we will supply to you when we provide you with our credit assistance.

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This is what we do.

We are finance strategists in the Mortgage Broking industry, helping Australians build wealth through property investment.

Our sole purpose is to reinvent ways to keep the Great Australian Dream Alive. Because we believe it’s everyone’s right to the security home ownership affords our families and community. Yes, our niche is Finance Strategy for Property Investors, but it is not what we do that makes us tick;
it’s

Because property investment is a decisive step toward financial freedom, we cultivate lasting relationships with our clients. We ain’t just a ‘whame bam, see ya later man’ kinda outfit. In fact, our business is built entirely from our lasting relationships with our clients who have suggested us to their inner circle – their family and friends. That is a pretty big tick of approval and a sure vote of confidence.

This is How we do

What separates us from the rest?

Have you ever considered the difference between Mortgage Brokers?

A Broker worth their salt has a playbook of ‘scenarios’. They are finance strategies that have worked in the past. He will offer up one, two or even three scenarios that he thinks will work best for you. 

But the great ones challenge the status quo, strategising new plays that serve your unique situation and financial goals. They will study, visualise, and fine-tune before offering only the best scenarios that build a rewarding property Portfolio.  

They never let good be the robber of the best and only play to win!

InvestorFi is a group of finance strategists that will design a unique scenario for your state of play towards your long-term game plan.

But don’t just take my word for it.

Clients like Tony F. said: I couldn’t be happier with the service. Wayne was excellent in guiding me through and delivering a great investment loan. Very responsive and savvy investment brokers. Will continue to use their services in the next purchase. 

And like Kim, Wayne is extremely dedicated, professional and a pleasure to work with. He worked tirelessly to help me secure an alternate lender before the settlement date and was extremely prompt and clear in his communications with me. 

And 

Robert wrote: Wayne is always very responsive and takes the time to lay out all the options in plain English.

Reviews like this make our souls sing. We’re in the business of helping people achieve real results that last!

So if you’re looking for a great Finance strategist like these incredible clients, you’re in the right place.

This is why we do

Gone are the days a single income could afford 2.5 kids, a pet, and a four-bedroom house in the burbs! 

At InvestorFi, our sole purpose is to reinvent the great ‘Australian Dream’. Because we believe it’s every citizen’s right to the security home ownership affords our families and community, not just for today but for generations to come.

But because it’s become so difficult, it requires complex solutions. One way is to seek finance strategy before purchasing a home. This way, you can leverage your full potential to live where you want to and invest where you can afford to. 

Property ownership has become a game of ‘finance strategy’, placing a premium on finance know-how. That is why we value education; our mantra is knowledge equals freedom, but knowledge shared is freedom multiplied.  

There is no drought; we have hit a new era with its epic challenges. Not everyone is up for the grind it takes to keep the dream alive. That’s why we also place a premium on camaraderie. We don’t see ourselves as a ‘hit and run’ service but as a hub and a way of life.