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The Rates, Risks & Rewards Framework

Why understanding costs today helps secure smarter outcomes tomorrow.

Key Takeaways 

  • ✅ Non-bank loans may carry slightly higher rates or setup fees
  • ✅ Those costs buy speed, flexibility, and access where banks say no
  • ✅ It’s about balance: short-term trade-offs for long-term opportunities
  • ✅ Brokers guide you through options and risks to get the right fit
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Understand the trade-off

Non-bank lending can mean paying a little more up front. But those costs are the exchange for fast approvals, tailored solutions, and access to finance when traditional banks say no.

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Think in terms of balance

The choice isn’t just about the lowest rate—it’s about what matters most now. For many buyers and investors, speed and certainty of approval outweigh a marginally lower cost.

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The role of brokers

A skilled mortgage broker helps you weigh risks, compare lenders, and design a pathway—whether that’s a non-bank solution today or refinancing back to a bank later.

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Context matters more than cost

Non-bank lending is not just about paying more—it’s about achieving the right outcome for your situation. With the right advice, you can make confident decisions that align with your long-term goals.
Luminate Financial Group
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Luminate Financial Group Limited (FSP765531) is a licensed Financial Advice Provider (Class 2 FAP), authorised to provide regulated advice on home loans, commercial and business lending, and specialist finance.

Luminate Finance Limited (FSP449126) is registered under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 to provide consumer credit contracts and non-consumer credit contracts. It is not a licensed Financial Advice Provider and does not offer regulated financial advice. Investment opportunities are available only to investors who meet specific wholesale investor criteria as defined in the Financial Markets Conduct Act 2013. These are not regulated offers and are not open to retail investors.

All lending is subject to credit assessment and responsible lending obligations under the Credit Contracts and Consumer Finance Act 2003. We follow the Responsible Lending Code to ensure loans are suitable and affordable for our clients.

¹Past performance is not a reliable indicator of future results. Fixed rates are subject to change. Terms, conditions, lending criteria, fees, and charges apply. Images may be indicative only.

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