Discover Our Story

Learn About Love Home Loans

Love Home Loans was founded by Michael Luca in 2012. After 9 years working within the industry, Michael went out on his own so he could give his clients exactly what they wanted, in the way they wanted it.

What his clients wanted was Michael’s product knowledge and interest in their needs to ensure they were matched with the most suitable loan. They wanted the personal approach that Michael offered, every time.

His attention to detail, tenacity and determination made sure the technical side of the coin was also covered – home loan applications lodged accurately and finance secured on time with minimal fuss to the client.

It’s obvious that the team at Love Home Loans love what they do. And their clients love them too.

Love Home Loans works closely with many finance and real estate professionals, especially Love Property, a specialist property investment consultancy.

If you need a loan, or your plan is to buy property in the near future, please contact us. You will be delighted that you did!

Michael Luca


Michael founded Love Home Loans in 2012 with a mission is to help people achieve financial security through property ownership. Securing finance sometimes requires creative thinking, sometimes sheer tenacity – but however he has to do it, he achieves it in an open and respectful environment.

Michael will always strive to get the best result for his clients and ensure they receive the very best service and attention to detail.

Tanya Glynn


With a background in customer service, Tanya joined the Love Home Loans team in 2014 to streamline and manage the paperwork processes required to secure a home loan. 

As a working mother of young twins, Tanya has proven that she has the tenacity to get the job done and the patience to work through just about any issue. She loves helping people to achieve their dreams, and she’s been friends with Michael for over 25 years so she understands his shorthand! 

Your Guide to Common Queries

Frequently Asked Questions (FAQ)

The question we tend to ask ourselves more often is “Why wouldn’t you use a mortgage broker?”

Everyday we’re talking to lenders, we know what they offer, what they don’t, what products they have, what promotions they’re running. We also know who is easy to deal with, who is fast, who is slow, who is competitive, who isn’t. We cut through all the marketing hype and see the facts, the history, the offering.

We know what documents you’ll need, what type of loan would suit your needs, we look at options from a whole range of lenders. We know how long things should take, which also means that we know when to follow up and chase things.

We do the follow up and chasing for you – doing our very best to have what you need when you need it!

In our line of work, we’re also dealing with conveyancers, solicitors, financial planners, insurance and investment property advisers – so we can easily recommend great people to you to help in these areas.

A mortgage broker saves time, stress and hopefully money too.

From all that’s on offer, from all the lenders, how do you decide which type of loan is right for you? It’s always best to talk to us so we can talk you through your options. They all have pros and cons, so we can’t give you a definitive answer unless we know what you’re looking for and what your financial position and goals are.

Standard variable loans are the most popular home loan in Australia. Interest rates go up or down over the life of the loan depending on the official rate set by the Reserve Bank of Australia and funding costs. Your regular repayments pay off both the interest and some of the principal. You can also choose a basic variable loan, which offers a discounted interest rate but has fewer loan features, such as a redraw facility and repayment flexibility.

The interest rate is fixed for a certain period, usually the first one to five years of the loan. This means your regular repayments stay the same regardless of changes in interest rates. At the end of the fixed period you can decide whether to fix the rate again, at the current rate or move to a variable loan.

You repay only the interest on the amount borrowed for the first one to five years of the loan, although some lenders offer longer terms. Because you’re not paying off the principal, your monthly repayments are lower. At the end of the interest-only period, you begin to pay off both interest and principal. These loans are especially popular with investors who plan to pay off the principal when the property is sold, having achieved ca

Lender’s Mortgage Insurance (LMI) is a way for the bank to secure their debt and be a little riskier with their loan.

By taking out LMI, the banks may allow you to borrow a larger percentage of the purchase price or value of your property. The higher the percentage or LVR (loan to value ratio), the higher the cost of the insurance.

If you’re struggling to save a deposit but know that you can comfortably meet your loan repayments, it’s a great way to boost yourself out of your rental property and into your own home.

LMI is paid by you to insure your lender against loss in the instance that you’re unable to service the loan and the property needs to be repossessed and sold. LMI only covers the lender if you default, not you.

LMI is usually paid at time of settlement in a one-off lump sum, but it can also be added to the loan amount and paid off over the life of the loan.

For first home buyers, this could be a great way to get you into the market.

There are a number of fees involved when buying a property. To avoid any surprises, the list below sets out all of the usual costs:

  • Stamp Duty
  • Legal/Conveyancing Fees
  • Building & Pest Inspection
  • Removalists
  • Lender’s Mortgage Insurance ( if required)
  • Building insurance (unless you buy in a strata building as this is covered by Owner’s Corporation fees)

When you find that dream property, you really want to know that you’ve got your finance secured.

If you love the place, it’s highly likely that others will too, so put yourself ahead of the competition with a pre-approved loan.

Pre-approval is an indication of how you can borrow from your lender based on the information you’ve given them.

Although there are terms and conditions, and it’s usually only valid for three months, it basically gives you the green light on your home loan.

Once you’ve found the property, you will need to support your application and meet any terms and conditions attached to the pre-approval.

Once the lender is satisfied, you’ve met their criteria and substantiated your claims, the pre-approved loan can become a loan.

To start the process, you’ll need to provide:

  • Copies of pay slips
  • Proof of identity
  • Details of any assets you own
  • Details of any existing loan commitments and credit card limits

When the lender has given your financial status the tick of approval, you’ll receive notification of pre-approval.

Get in Touch

Contact Us Today!

    Your name (required)

    Your email (required)

    Your phone

    How can we help?