Home Loan Planning: Download Our Free Budget Spreadsheet!
I've created this Free Budget Document. It's simple and effective, designed to keep your finances on track, focusing on home ownership and living costs.
🎄 Wishing You a Merry Christmas 🎄
As we wrap up another year and step into the festive season, I want to take a moment to send my warmest Christmas greetings to you and your loved ones. It's been a year full of challenges and achievements, and we are grateful to be able to support you on your Home Loan journey!
Why Skipping Strata Checks Could Cost You a Fortune
One particular client, been looking for six months, they have made offers on three different properties and the offers have been accepted, but only after they've done a property strata report have they found out the special levies and those special levies run into tens of thousands of dollars.
House Hunting? 4 Key Tips to Get You Started
First is consider the type of property that you want. So is it gonna be a house, is it gonna be a unit or a townhouse? The second key thing you should be looking at is how much space do I need? This is simply how many bedrooms, the size of the property
Borrowing Capacity Crisis: How Banks Are Increasing Rates for New Borrowers!
What a lot of people don't know and what hasn't been advertised is that the banks are actually increasing their rates to new borrowers and the media hasn't picked up on it. And the way they're doing that is by not offering as high of a discount against the variable rate.
How Credit Scores Work: Mistakes That Can Break Your Financial Future!
A few years ago, the banks got together and they developed a system where your repayment history is now judged over the last two years. So every time you make a payment to a credit provider, whether it be a Vodafone bill, whether it be a utility or personal loan, car loan, home loan, there is either an X as being not paid or a tick for paid on time.
How We Can Help Secure Your Home Loan With Confidence
We help a widespread of people, especially around the first home buyer who is just starting out and doesn't know the first steps of buying a property to the sophisticated investor who have done this many times.
Ready to Buy a Home? 3 Things to Do Before You See a Mortgage Broker
Ready to buy your first property? Before applying for a home loan, you need to get your finances in order 3-6 months in advance. Clear out small debts and credit card debt to reduce borrowing capacity. Do research on the type of property you need, location, bedrooms, parking, etc. This will make the process much easier when it's time to speak to a mortgage broker and help you get the most value out of conversation.
High Costs for Low-Quality Homes: Beware of Overpriced Bad Stock
Another effect of bad stock is that it's still obtaining high prices. In a normal market where there is plenty of supply and plenty of demand, the good properties would sell for more and the bad properties will sell for less.
Big Win for NSW First Home Buyers: Stamp Duty Exemption is Up to $800,000!
In case you missed it, as of the 1st of July 2023, the stamp duty exemption has gone from $650,000 up to $800,000. So in other words, if you buy a property for $800,000, there's no stamp duty payable for first home buyer. This is a saving of approximately $31,000.
Custom Mortgages: The Power of Listening to Client Needs
I think the key ingredient being an effective mortgage broker is actually taking the time to listen to what your client wants to achieve without any judgements or preconditions about what you think is good for them. You find that with experience, everyone wants to tell the story and you've got to make it an environment where it's easy for them to tell their story. And from that, you've got the information and the tools to then actually help them to reach their goals.
Home Buying Hack: 4 Must-Know Tips for Choosing the Right Property
Choosing the right property can be a difficult thing, but there are four key things you can do or look at. First is consider the type of property that you want. So is it going to be a house, is it going to be a unit or a townhouse? The second key thing you should be looking at is how much space do I need? This is simply how many bedrooms, the size of the property.