Asset Advantage Global | Local business

Asset Advantage Global

Phone: +61 416 060 700

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13.01.2022 IMPORTANT NOTICE____________________________________________ The Government sponsored loans are now available. From $20,000 to $250,000. Apply now for a loan via one of the preferred lenders. Applications are all online. Ket Points:... - Loans are unsecured. That means no asset security is required. - Loans need to be personally guaranteed by the borrowers. - These loans are similar to a line of credit .. you draw down only what you need. - First 6 months no repayments - Interest rates vary from lender to lender buy circa 4.5%. - Money can only be used for cash flow purposes, not buying asset or refinancing other debt. - Must be repaid within 3 years. Need assistance. Call Jim on 0416 060 700.

10.01.2022 New Fixed Rate Home Loan 2 Year Fixed 2.19% Owner OccupiedNew Fixed Rate Home Loan 2 Year Fixed 2.19% Owner Occupied

05.01.2022 BREAKING NEWS ___________________ Lenders start to tighten lending policies on home lending to reassert control. Over the coming weeks we will begin to see tighter lending restrictions including:... - restrictions on lending to applicants who work in hard hit industries - more restrictive loan ratios .. 90% and 95% loans will cease. - first home owner loans can be put on hold and purchases deferred until the interim government support measures are withdrawn. - investment loan interest rates have will increase - rental income supporting investment loans will need absolute clarity that the tenant is employed and not on JobKeeper. - small business borrowers will need to demonstrate no drop in sales by providing the latest 3 BAS statements - income from bonuses, commissions, and overtime will only be used to a max 50% of the amount earnt for servicing. - Applicants with only rental income cannot use the rental income unless they have another source of income to at least the same amount of the rental income. Our advice is make sure you have an absolute UNconditional approval before borrowing. Note - that refinancing can also be tricky as you run the risk of your income being less than the current loan requires when it was taken out a few years back, and you could be asked to pay the loan down. Get your broker to do the maths first. Jim

03.01.2022 REFINANCE TODAY ........ with Cash Out to fund your renovations. Call Jim 0416060700.