Fit Loans exists to provide a fresh, honest and customer focused approach to lending.


About Us


Fit Loans was created to help borrowers find a suitable loan product and structure that fits their borrowing and financial needs. We pride ourselves on our high quality of client care and keeping you informed every step of the way.

With the market flooded with a variety of loan options, Fit Loans is here to take out the confusion and stress associated with finding a suitable loan for you.

We are dedicated to assisting you to find the loan that fits your needs. Whether you are ready to buy your first home, refinance an existing loan, looking for an investment property or simply wanting to learn more about reducing your debt, Fit Loans is here to help.

Variable, fixed, interest only, LVR, LMI…. we cut through the jargon and explain things in an easy to understand manner. We weigh up all your options and take you through our recommendations step by step.

We don’t play favourites with lenders – we find the most suitable fit for you. Fit Loans advice is free of charge.

It only takes a minute to complete our enquiry form and from there, a Fit Loans consultant will be in contact within 24 hours to provide assistance and answer any queries you may have.

All information will be kept strictly confidential and secure.



Frank Zinghini - Fit Loan

Frank Zinghini
Managing Director


Finance Brokers Association of Australia

Fit Loans was created to help borrowers find a suitable loan product and structure that fits their borrowing and financial needs. We pride ourselves on our high quality of client care and keeping you informed every step of the way.

With the market flooded with a variety of loan options, Fit Loans is here to take out the confusion and stress associated with finding a suitable loan for you.

We are dedicated to assisting you to find the loan that fits your needs. Whether you are ready to buy your first home, refinance an existing loan, looking for an investment property or simply wanting to learn more about reducing your debt, Fit Loans is here to help.

Variable, fixed, interest only, LVR, LMI…. we cut through the jargon and explain things in an easy to understand manner. We weigh up all your options and take you through our recommendations step by step.

We don’t play favourites with lenders – we find the most suitable fit for you. Fit Loans advice is free of charge.

It only takes a minute to complete our enquiry form and from there, a Fit Loans consultant will be in contact within 24 hours to provide assistance and answer any queries you may have.

All information will be kept strictly confidential and secure.

Frank Zinghini - Fit Loan

Frank Zinghini
Managing Director


Our Services

Home loans

Refinancing

Business lending

Investment loans

Construction loans

Commercial loans

Motor vehicle finance

Asset finance

Debt consolidation

Self managed super funds


Why Choose Us?


Whether you are a first home buyer or a seasoned investor, Fit Loans will find the right loan to fit your needs. We will provide you with quality customer service that you will value for the life of your loan.


  • We have access to over 35 different lenders
  • Our services are provided free of charge
  • We work for you, not the lender
  • We will be easy to do business with
  • We will always get back to you promptly
  • You will be kept informed every step of the way
  • We will go the extra mile, every time
  • We will listen to what you want
  • We will provide a loan solution that fits your needs
  • Our team is qualified and fully compliant

Education Centre


Fit Loans believe that you can never learn too much. That is why we have set up an education centre providing informative articles and check lists that can be read online or downloaded for later viewing.




Testimonials


  • Would highly recommend. Amazing service. Frank was extremely efficient with his responses and always explained everything thoroughly (good and bad). We were very impressed with the service and are very thankful to have had such a great broker!

    Shenae Clements Avatar Shenae Clements
    June 8, 2023

    Just refinanced with Frank's assistance and he made the process so smooth. It's such an advantage when your mortgage broker goes above and beyond to understand what you need, what your priorities are and what will work best for you. We will definitely keep coming back each time we need help with financing.

    Harvey Jones Avatar Harvey Jones
    December 8, 2022

    Great experience with Fit Loans. A friend recommended them and I'm so glad they did. Frank was so helpful and approachable. He always explained things clearly and patiently answered my questions. Highly recommend.

    Sarah Ryan Avatar Sarah Ryan
    December 8, 2022

    Look no further than Frank @ Fit Loans - you won't be disappointed. Frank was recommended to us when we wanted to know more about our financial circumstances and were not in a position to buy our new home. He came on the journey with us, provided constant advice, was pro active, very responsive and when we found out perfect home went over and above to help us secure our home. Countless emails & phone calls day and night, Frank truly went above and beyond. Looking forward to our next opportunity to use Fit Loans again.

    Catherine Maiuto Avatar Catherine Maiuto
    December 8, 2022

    As a first home buyer, I entered into the property market with a great deal of anxiety and trepidation. Frank at Fit Loans was a 'word of mouth' recommendation, and I felt comfortable with him immediately. Not only was he available and responsive, he took the time to explain information and processes in an accessible way - repeatedly if necessary. I was always confident that he conducted a thorough and individual assessment of my needs as a buyer, and sought the best home loan deal for me. Other brokers I had approached came across as clinical, salesy, process driven and impersonal. One of the best things about Frank is his knowledge and acumen regarding the finance and banking industry. He has exceptional interpersonal skills too. I also suspect he'd make quite a good counsellor!

    Chaouen Fan Avatar Chaouen Fan
    December 8, 2021

    Frank is excellent, he always gave us the right advice. Very responsive and gave a very clear explanation to all our doubts and patiently answered all our questions. Highly recommended.

    alekhya pinisetti Avatar alekhya pinisetti
    December 8, 2021
  • Frank is very switched on and responsive, which helps immensely during the loan application process. Couldn't be happier!

    Justin Shu Avatar Justin Shu
    December 8, 2021

    Frank's service was professional, friendly and high quality from the moment we met. Frank has great attention to detail and took the time to explain the process every step of the way. Highly recommended.

    David Mangano Avatar David Mangano
    December 8, 2021

    i would highly recommend Fit Loans. Frank went above and beyond for us to get our loan sorted. Frank is diligent and responsive. We cant thank Frank enough.

    Terri Shannon Avatar Terri Shannon
    December 8, 2020

    I had a wonderful experience with Frank.. He was very open and honest and supportive throughout the whole process. His communication was excellent, very professional and he found me a great deal. He is attentive, reliable and was always available to answer any questions or concerns I had. I have friends and family that have also used his services and they’ve all been more than satisfied. Highly recommend.

    Sofia Skliros Avatar Sofia Skliros
    December 8, 2020

    Extremely easy to deal with. Frank made the whole process a breeze. Much much much simpler and also cheaper than what the bank offered. Cant recommend Frank at Fit loans enough.

    Alumach Pty Ltd Avatar Alumach Pty Ltd
    December 8, 2020

    Frank was brilliant to deal with. He was always there when I needed him, made dealing with banks easier and also provided in depth information that allowed us to get the best out of our new home loan. I highly recommend Fit Loans!

    Nathan Vellucci Avatar Nathan Vellucci
    December 8, 2020

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    RBA Alert & Special Offers

    2 months ago

    Fit Loans
    There’s a lot of jargon in the finance industry and we understand it can be hard to keep up to date. Combined with abbreviating these titles no wonder our clients are sometimes confused.We often talk about:• LMI• LVR• PER• ROI• DTI• HEMand the abbreviations go on. This month we would like to focus on your DTI and HEM and the importance of these 2 considerations when applying for a loan or refinancing.DTI is your financial compass in the loan landscape.Debt to Income ratio (DTI) might not be the most thrilling topic, but it's a crucial number to understand if you're planning to borrow money – especially for a major purchase like a home.DTI is essentially a snapshot of your debt burden compared to your income and it's a key factor that lenders use to assess your loan eligibility and potential risk.We would like to explain what it is and the importance of DTI when financing or refinancing a home. We also provide some guidance and comfort when securing that most important next home loan.So sit back, relax and please enjoy this month’s property and finance update. Understanding your Debt to Income ratio (DTI) is more important than ever. It's a financial compass, not just a number, and it directly impacts your ability to borrow money – including taking advantage of refinancing opportunities.With regulatory changes coming in 2024 emphasising DTI, proactively addressing your financial health now is your strategic advantage.What is DTI and why does it matter so much?Your DTI is a snapshot of your debt obligations compared to your income. To calculate:• divide your total monthly debt payments by your gross monthly income (before taxes).The result is a percentage that shows lenders how much of your income is dedicated to servicing existing debt.Example:Monthly debt payments of $3,000 with a gross monthly income of $8,000 results in a DTI of 37.5%($3,000 ÷ $8,000 = 0.375 or 37.5%).Lenders love a low DTI because it indicates you have financial flexibility and a greater capacity to handle additional debt.On the flip side, a high DTI could make lenders hesitate as it might mean you're already thinly stretched.Key debts included in your DTIIt's crucial to know exactly which debts count toward your DTI:MortgagesBoth your existing loans and any new mortgage you apply for.Credit cardsMinimum monthly payments are factored in even if you pay more.Personal loansOutstanding balances and ongoing repayments.Car loansPayments on financed vehicles.HECS-HELP/student loansRepayments on higher education debt.Buy Now, Pay Later (BNPL)Those tempting instalments add up! While lenders already consider DTI, it's about to become even more important. During 2024, Australian regulators are placing a stronger emphasis on DTI for loan approvals. Understanding your DTI now gives you a serious edge.How to take charge of your DTI. Don't let your DTI control you.Here's how to improve it proactively:Debt demolitionPrioritise paying down debt by starting with those high interest culprits such as credit cards. Strategies like the debt snowball and debt avalanche can be highly effective.Income boostExplore ways to increase your earnings through a raise, side hustle or a higher-paying job.Consolidate carefullyCombining debts into a lower interest loan could reduce your monthly payments, but make sure to consider all potential fees.Pause on new debtWhile you're improving your DTI, try to avoid taking on additional credit.Refinancing success - Your DTI is keyThink of refinancing as applying for a fresh mortgage. Lenders will reassess your finances and your DTI plays a major role in these key refinancing benefits:• Demonstration of repayment capacityA strong DTI shows you have room in your budget to manage the new loan, even in a changing interest rate environment.• Better interest ratesA lower DTI often unlocks those coveted lower interest rates and could save you thousands over the life of your mortgage.• Maximise borrowing powerIf your finances have improved since your original mortgage, a healthier DTI may even allow you to borrow more through refinancing – maybe by tapping into equity for renovations, investments or debt consolidation.Additional criteria lenders assess when you apply for a loanYour Debt to Income ratio (DTI) is a big factor in having a loan approved, but it's not the whole story. Lenders take a 360 degree view of your financial life before handing you a stack of cash. Let's dive into the other key ingredients they toss into the decision-making mix.The reputation factorThink of your credit score as your financial report card. It's a number that reflects how responsibly you've handled borrowed money in the past. A stellar credit score shows lenders you're a reliable borrower and makes you more likely to get the green light for loans and potentially score those lovely lower interest rates. On the flip side, a less than ideal score might mean higher interest rates or stricter loan conditions.The proof is in the pay stubsLenders like stability. A steady employment history demonstrates that you have a reliable source of income to meet those loan repayments. If you're self employed, be prepared to provide evidence of your income history, such as tax returns and financial statements.Show me the money (or the assets)Any assets you own, such as a house, savings accounts or investments, can boost your attractiveness as a borrower. Assets act as a form of security for the lender and demonstrate you have resources to fall back on if needed. Plus, having a deposit saved up for a home loan shows you're serious and financially prepared.Key takeawayYour DTI is a dynamic tool for your financial success. By understanding its impact, proactively managing it and approaching both new borrowing and refinancing strategically, you empower yourself to achieve your finance goals – saving money, repaying your home loan faster or accessing equity to build wealth.Remember, we are here to help you understand the jargon and walk you through the process of all your lending decisions. Use our expertise to find the most appropriate finance options for you.As always…With your best interest in mindClick link to read article on what is HEMyourfinancenews.com.au/mec-pf-april-2024-cta-page/ ... See MoreSee Less
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    4 months ago

    Fit Loans
    This month, as your trusted finance team, we would like to address a matter close to many parents' hearts…The prolonged stay of adult children in the family nest. While we adore our family members, there comes a time when the parental nest should feel a bit emptier. Wouldn’t you agree?Perhaps it's time to nudge them out of the cosy confines and into their own place.So, let's dive into why this might be a good idea and how we can help facilitate their departure.So sit back, relax and please enjoy this month’s property and finance update.The current property predicamentIt's no secret that property prices have skyrocketed, making it challenging for young adults to spread their wings and fly the coop. Despite the seemingly stabilising of interest rates, the high cost of renting coupled with the daunting task of saving for a deposit has resulted in a significant trend…Adult children are lingering in the family home well into their 30s and even 40s!According to recent research, the average age of a first home buyer in Australia is now closer to 40 than 20. In fact, Aussies are, on average, 36 years old when they buy their first home. Yes, you read that correctly. It seems the dream of owning a home early in life has shifted further down the timeline.But fear not, there are ways we can help our offspring take flight without jeopardising our own financial future.Parental assistance with cautionBefore we delve into the ways we can assist, let us emphasise one crucial point.As parents, we must prioritise our own financial security.Just as you're instructed to secure your oxygen mask before helping others on a plane, it's imperative to safeguard your own nest egg before aiding your fledglings. Let's explore some avenues of support without sacrificing your retirement plans.Innovative strategies for independenceOne intriguing and popular trend among first home buyers is 'rentvesting'. This innovative approach involves purchasing a property to rent out while continuing to rent elsewhere. It allows young adults to enter the property market without sacrificing their desired lifestyle.The government has also stepped in to support aspiring homeowners. The First Home Guarantee program, for instance, enables low deposit purchases without the need for mortgage insurance, making homeownership more accessible to young adults.If you have a potential first home buyer living with you, the good news is that there are several schemes set up by the Australian government to help them financially through the process.The bad news is that it can be very confusing trying to navigate all the different schemes with their various eligibility criteria!This is where we can help navigate the journey.HOMEOWNERSHIP MAY BE ACHIEVABLE WITH THE RIGHT SUPPORT AND PLANNING.Despite the challenges posed by the current property market, there is reason for optimism. Recent data indicates a growing number of younger Australians are achieving homeownership. This is a reflection of their resilience and determination. As parents, we can play a supportive role in this journey while ensuring our own financial stability.There are positive trends emerging amidst the complexities of the property market. However, remember that each individual's path to homeownership is unique and what works for one may not suit another.As your trusted finance team, we urge you to navigate this journey with caution by prioritising your financial wellbeing while offering support to your adult children.So, as you ponder the prospect of reclaiming your empty nest, let's work together to empower our adult children to spread their wings and soar into homeownership. After all, it's never too early to start building their own financial future.Looking forward to hearing from you.As always…With your best interest in mindyourfinancenews.com.au/mec-pf-march-2024-cta-page-competition ... See MoreSee Less
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