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Do you have an existing loan and you’re not sure if it’s the right fit for you anymore?   You don’t have to stick with your current lenders just because they were your go-to-guys a few years ago. I can help you find a much better deal to suit your current circumstances.   The first thing you should do is organise a valuation of your home to get a clear understanding of what your property is worth in the current market. This estimate will be used to calculate your LVR which will affect the amount of additional money you can borrow from the bank.   Different lenders will assess the value of your home differently. To get a true indication of your property’s value or to find out how much equity you have on your current home loan, let's talk. My Very Best To You Always,  
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  There are quite a few advantages to purchasing a new property as an investment. The Pros: No repairs or renovations needed Appealing to tenants so you can charge higher rent You can claim depreciation, particularly in the first few years of ownership If you live in the property for a little while, some states offer generous government concessions for new-home buyers. The Cons: Purchasing off the plan has its risks – you don’t know exactly what you’ll end up with. Can be more expensive than older properties No rent history, so it’s difficult to estimate rental income Sometimes located in new fringe suburbs, adding to potential commuting times.   I’ve got access to the latest facts and figures to help with your research. If you’d like to chat about your options, call me. My Very Best To You Always,  
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        Saving for a house deposit can be a daunting task and if you’re paying rent whilst you save, it can feel impossible. Worst of all, while you scrimp every dollar, house prices may be skyrocketing and you know you are missing out on potential capital growth. But if you have a family member with equity in property, I might have a solution that can get you on the market sooner AND save you thousands of dollars. It’s called a ‘guarantor loan’ and it allows you to borrow your deposit and purchase costs against the value of a family member’s property. How it usually works: You borrow 100% of the purchase price, including purchase costs 80% is secured by your new property 20% plus purchase costs is secured by your guarantor’s property   The best part is that because the amount you’ve borrowed is less than the combined value of the two homes, you don’t have to pay...
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Houses versus apartments – which is the best invest When it comes to property investment, lots of investors opt for apartments, because they’re often cheaper and cost less to maintain.   Saying that, investing in a house has its perks: You can make home improvement without approval from an owners’ corporation There is greater potential for capital gains and growth Higher rental returns because some tenants prefer houses with gardens, large living rooms and multiple car spaces Renovations offer more scope for improving the value of your investment It also has its pitfalls: Houses cost more than apartments Because they are more expensive, your rental income might not cover mortgage repayments and expenses. For a quick chat about whether investing in a home or apartment is right for you, call me. My Very Best To You Always,  
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Why Should I Refinance? Over the years I have helped hundreds of people manage their finances and find the right home loan.   It’s common knowledge that after a few years, your original loan won’t be as competitive as it once was so it’s worth scoping the market to see what else is on offer.   This process is known refinancing and is the act of replacing an existing home loan with a new one.   People typically refinance for one of four reasons: To get a better interest rate and lower their weekly repayments To access their equity for future investments To renovate To consolidate debts While changing your home loan may lead to lower interest rates and more flexible features, it can also come with additional costs so it’s essential to calculate both the savings and the expenses involved.   To find a home loan that suits your current financial situation, let's talk. My Very Best...
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Why You Should Go to a Broker, Instead of Your Bank Think about the last time you went grocery shopping.   I bet you spent at least a few minutes comparing brands and deliberating on which products offered the best value for money.   If we expect that level of choice in our supermarkets, why wouldn’t we expect the same from our home loans?   A broker’s job is to do the comparing for you. Not only are they experts but they have access to a huge database of lenders who are all wanting your business. A broker is in the position to negotiate with those lenders and find you the right value-for-money loan to fit your lifestyle.   A mortgage broker: Has access to more lenders, meaning you’re more likely to hear a ‘yes!’ Is specifically trained in mortgages and knows how to structure your loan to suit your goals Acts as your own personal banker, guiding you through every step of the home loan process ...
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A Little Known Fact About Variable Rates Did you know that there are two types of variable rates?   They’re known as standard rates and basic rates and choosing the right one could save you thousands of dollars a year on your mortgage.   Standard rates have lots of features, meaning you can pay off your home loan faster but they often have higher interest rates.   Basic rates have very few features which may restrict how quickly you can pay off your loan but they tend to have lower interest rates   There are pros and cons to both of these options and the right one for you is completely dependant on your personal situation.   To find out which one is right for you, let's talk. My Very Best To You Always,  
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  What is a property valuation and why is it important Buying a home is one of the biggest financial decisions of your lifetime and with so much at stake, it’s in your best interest to know every little detail about what you’re entering into.   A property valuation is an essential step in the loan application process. When you apply for your loan, the lender will send someone to determine the registered value of the property.   This number may differ from the actual price you pay. Because the valuation affects your LVR it’s imperative that if you don’t like the figure you’re given, you find another lender with a more favourable valuer.   I can help you find a great lender and answer any questions you might have about property valuation.   Let's talk! My Very Best To You Always,  
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  Investing versus buying your first home – an overview It’s a well known fact that investing in property helps people break into the market earlier.   If you buy in a high-growth area, you can use your current income and savings to invest in something affordable that will increase in value. This means you’ll have solid foundations to purchase your dream home later down the track.   Banks many also lend you more for an investment property than a first home because they factor in your potential rental income on top of your salary.   If you are ready to take the next step, let's talk and I’ll get back to you so we can run through the numbers together. My Very Best To You Always,  
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Refinancing to consolidate debts We all know life can get messy. Chances are you’re juggling a career, family and social life, all whilst trying to earn enough money to pay off your mortgage and other debts you’ve accumulated over time. Keeping track of all these small payments can feel like an overwhelming burden. I have a solution that could make your life easier. Did you know that you can bundle all your debts into your mortgage for one easy repayment? It’s known as debt consolidation and it’s possible if you refinance your home loan. Luckily, the process can be straightforward. We can go through your debts and look at your existing loan together and then I’ll help you find a new lender that will offer a competitive deal. For most lenders, you will have to show: You’ve held the debt for a minimum of 3 months Statements or an account showing the debt That you are up-to-date on your repayments   There...
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