19/03/2018

More than home loans: Why a broker can help you with commercial and asset finance

Mortgage brokers have expertise in residential and other property loans. They can also play an important role in helping businesses find and secure commercial and asset finance at competitive rates, by leveraging their network of lending institutions. With so many lenders and products to choose from, it’s important to get the right business funding mix from the outset. Many brokers have a deep understanding of the commercial sector and the wide range of products available. They’re well placed to identify the most appropriate financing structures for you, based on your type of business and specific needs. Here are some advantages […]
18/03/2018

Cover can be affordable and convenient

A question to all the home and property buyers out there…If the unthinkable happened and you couldn’t afford to make your loan repayments – do you have adequate protection in place? A good article here on the risks of being underinsured.
22/02/2018

Easy ways to cut your expenses and increase savings

Is the key to saving a home deposit as simple as giving up smashed avo toast for breakfast? Well not quite, but spending less does make a difference. On top of a budget, a savings plan and strategies such as a high-interest savings account, an effective way to save is to reduce or eliminate expenses.  Understand your spend It can be easy to lose track of how you’re spending money, especially due to cashless payments and credit cards. Many online banking systems include tools to categorise debits and make a budget – take advantage of them. Or download an app that helps you […]
16/10/2017

What’s hurting your hip pocket?

With all the focus on the headline CPI each quarter, it’s easy to forget that it’s made up of a ‘basket’ of good and services. This helpful infographic plots out the different data series from the ABS over the last 20 years. Source: www.livewiremarkets.com Disclaimer WARNING: General advice only. Clients are advised to discuss, with their financial advisor, the appropriateness of each recommendation, together with the general and specific risks of investing having regard to personal financial needs, objectives and financial circumstances.
24/08/2017

Home Loan Health

  How healthy is your home loan? Do you know if your loan: Has an unreasonably high interest rate? Has you paying high fees? Offers you the features you need? Are you happy with the service from your lender? Have your financial circumstances changed? Things can change and your home loan may not be as suitable as it once was. A home loan health check may be what you need to reveal if you’re paying too much. Experts recommend getting your loan checked at least once a year, or if your circumstances change. It can be done in person or […]
03/08/2017

What comes first: the property or the loan?

[fusion_text]   No doubt about it, looking for a property is an exciting time. Deciding on the location, size, number of rooms and local amenities can however, see house hunters get carried away. If you delay sorting out your finance beforehand, it can weaken your negotiating position on both the property and your loan. It’s important to check off the essentials first. It may seem boring in comparison to perusing sales listings, but gaining pre-approval will give you confidence with how much you can borrow. Firstly, you need to determine if you’re eligible to borrow money and your ability to […]
10/07/2017

How to speed up your home loan approval

So you’ve submitted your home loan application and wondering when it will be approved. All loans are different and so are the banks, so we can’t always guarantee what the turnaround time will be. That being said, there are ways to ensure your application is processed quickly and efficiently. Same-day loan approvals are possible but very rare. These generally only occur when the client’s lending position is straight forward and there is no valuation required. Skipping the valuation queue can save a lot of time. In some instances it may be worth having a valuation completed prior to your application […]
26/08/2013

Lenders Mortgage Insurance – A simple explanation

Lenders Mortgage Insurance (also known as LMI) It is very common that people don’t understand what Lenders mortgage insurance is and who it covers. It is important not to confuse lenders mortgage insurance to mortgage protection though which is something some people do. Lenders Mortgage Insurance is insurance that protects the lender if you default on your home. If you are unable to pay the loan and the lender cannot recover all it’s costs for the loan then they will make a claim with the lenders mortgage insurer. Lenders mortgage insurance is payable by clients who borrow over 80% of […]
09/08/2013

Mortgage Finesse Has A New Phone Number PH: 03 9020 1420