FAQ

Think & Grow Finance is a Melbourne and Sydney-based mortgage and finance brokerage helping individuals, families and business owners find lending solutions that support their goals.

Led by Mitesh Dedhia, a CPA-qualified finance professional with a Master’s in Finance, we bring around 20 years of finance industry experience, including more than a decade in mortgage broking.

Whether you’re buying your first home, upgrading, investing, refinancing or seeking business finance, we take the time to understand your circumstances and explain your options in plain language. With access to a broad panel of lenders, we help you navigate the lending process from your initial enquiry through to settlement and ongoing loan reviews.

Our approach is simple: personal service, clear communication and a long-term relationship that supports you as your needs change.

At Think & Grow Finance, we help you think ahead, make informed borrowing decisions and grow with confidence.

As a free mortgage broking service, Think and Grow Finance is here to guide you through this exciting opportunity and ensure your needs are taken care of in a professional and uncomplicated manner. We understand that your first home loan will not necessarily be your last so when we help you with your first loan, we consider you a client for life looking after your current and future needs.

Our services include but are not limited to:

• First home owner loan
• Refinancing & Debt consolidation
• Investment loans
• Reverse mortgages
• Bridging loans
• Car loans
• Insurance

You can meet with a Think & Grow Finance broker in person at our office or online via Zoom or Microsoft Teams.

Our standard appointment hours are 8:00 am to 5:00 pm, with after-hours and weekend appointments available by arrangement to suit your schedule.

Yes. Our standard appointment hours are 8:00 am to 5:00 pm, Monday to Friday. We also offer after-hours and weekend appointments by prior arrangement to suit your schedule.

Loan approval generally takes 1–2 weeks, depending on your chosen lender and the complexity of your application. After our initial meeting and assessment of your financial circumstances, we’ll provide an estimated timeframe.

If your application is urgent, Think & Grow Finance will work with your lender to help expedite the process where possible. Once your loan is formally approved, your lender will issue your mortgage documents for signing.

A poor credit history doesn’t necessarily mean you can’t get a loan. Some lenders consider applications on a case-by-case basis, taking into account your current financial circumstances, ability to repay and the details of any past credit issues.

These loans may come with higher interest rates and fees, and approval will depend on the lender’s assessment.

Contact Think & Grow Finance for a confidential chat so we can understand your situation and explore the options available to you.

Lenders Mortgage Insurance (LMI) is a one-off insurance payment which protects your mortgage lender against your default. LMI is commonly paid when the Loan to Value Ratio (LVR) is 80% or more. This occurs when more than 80% of the value of the property is borrowed from the lender by a buyer.

There are few ways to avoid paying Lenders Mortgage Insurance:

• Save 20% or more as a deposit
• Have someone go guarantor for your loan
• If you are a Doctor, Accountant, Lawyer, & Engineer it may be possible to get the lender to waive your LMI
• completely or to charge a negligible amount. To do this though, please talk to us.
• Lenders can potentially waive your LMI completely or only charge a negligible amount, although it is increasingly rare. Most require the following criteria be met.

Doctors

• Loan size no more than $4.5 million
• (90% LVR) No more than 90% loan of the property value (it is sometimes possible to borrow more)
• Being a member of an appropriate industry organisation is a mandatory requirement (eg.AMA)
• You must be on the preferred medical professionals list, a dentist, optometrist, veterinarian or a pharmacist.

Find out more or call 0425 281 078

Accountants, Lawyers & Engineers

• Loan size no more than $2.0 million
• (90% LVR) No more than 90% loan of the property value
• Being a member of an industry organisation is a mandatory requirement (list can be made available to you by contacting us)
• You must be either an Accountant, Finance Manager, Auditor, Actuary, Lawyer, Barrister, Solicitor, Engineer, Surveyor, Mine Surveyor, Quantity Surveyor, Geologist or Geophysicist.
• To be eligible for waived LMI, Engineers must work in the mining and resource sector.
• Income of $150,000 or more per annum or will soon be a similar income. Other incomes such as rental can be considered.

Find out more or call 0425 2810 78

Other people

• (85% LVR) No more than 85% loan of the property value
• Perfect credit history
• You’re purchasing or refinancing to purchase a property

Find out more or call 0425 2810 78