Digital material—Terms and Conditions

Loans4teachers is owned and operated by Bordez Pty Ltd ABN 33107055103

The information on our digital sites such as social media platforms and website, is subject to terms and conditions. 

These terms and conditions (T&Cs) apply where indicated and are subject to change at Loans4teachers discretion and without prior notice.

The following information outlines the details of these T&Cs. They establish what you can expect from us as you engage with us or use our services. They also explain technical terms applied.

Use of digital sites

The information on our digital sites is only general. It does not necessarily apply to your specific circumstances. Your financial circumstances, goals and requirements need to be reviewed before we can find you a loan or choice of loans that suit your circumstances. All loans are subject to lenders terms and conditions, including fees and charges.

With regards to our advice and your decision on loan offers we recommend that you get your own independent legal, tax and financial advice. We provide credit or borrowing advice but we do not provide financial advice such as what or where to invest in or development of financial plans.

No cost, no obligation service

Loans4teachers navigates home loan and personal borrowing on your behalf at no cost to you or any obligation to engage our services. 

Following settlement of loans applied for through us, we are paid a commission by the lender. This commission is disclosed in the final agreement document called “Preliminary assessment and credit proposal”. 

$0 LMI

Teachers may be eligible for $0 Lenders Mortgage Insurance fee if borrowing with equal to or more than 15% deposit, (up to 85% LVR—loan to valuation ratio).

Cashback offer

Teachers who settle a loan through Loans4teachers may be eligible for our cashback offer. This is in addition to a cashback offered by various lenders from time to time. Cashbacks are more commonly offered by lenders for refinances. (Lenders T&Cs apply)

Eligibility criteria are:

Cashback details

Credit licence

Loans4teachers is owned by Bordez Pty Ltd. The credit practice licence numbers are as follows:

MFAA Accredited

Credit representative, Boris Sfiligoi is an accredited finance broker with Mortgage and Finance Association of Australia (MFAA).

Glossary for abbreviations used

LVR: Loan to Valuation Ratio—This is a percentage figure. To calculate your LVR, take the $ amount you want to borrow and divide it by the $ valuation of the property. A reasonable estimation of the valuation is suitable rather than getting a certified valuation. There are a number of conditions placed on a loan if the LVR is generally greater than 80% such as charging LMI (see below).

LMI: Lender’s Mortgage Insurance—This is a fee charged to you by the lender if you generally have less than 20% deposit when you buy a home. Some lenders only charge this at less than 15% deposit. You often have a choice to either pay the fee out over the life of the loan with the fee proportionally added to monthly repayments or pay it outright and upfront.

Contact regarding these terms and conditions

Manager Operations