AVIATOR Advisory in Notting Hill, Victoria, Australia | Financial service

AVIATOR Advisory

Locality: Notting Hill, Victoria, Australia

Phone: +61 1300 007 878

Address: Suite 21/27-31 Duerdin St 3168 Notting Hill, VIC, Australia

Website: https://aviatoradvisory.com.au/

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25.01.2022 How to Know if You Are a Mortgage Prisoner If you are unsure whether you are experiencing mortgage stress, there is a quick and easy way of finding out. Simply go through the following questions, and if you answer yes to most of them then you need to start thinking about ways to overcome this painful situation. So, here we go, are you: - Struggling to aside at least 30% of your income to cover your mortgage repayments? ... - Struggling to make repayments on time or at all? - Able to make repayments, but have a strained cash flow which is preventing you from enjoying a decent lifestyle? - Trying to refinance but being declined by lenders? - Finding it difficult to pay utility bills? - Using your credit cards to pay those bills? - Unable to pay your credit card balance in full every month? These are some of the most common indicators of mortgage stress. For full article, please visit our insights: https://aviatoradvisory.com.au/managing-mortgage-stress/ #hardship #mortgage #mortgagebroker

25.01.2022 They shall grow not old, as we that are left grow old; Age shall not weary them, nor the years condemn. At the going down of the sun and in the morning, we will remember them. #remembranceday #lestweforget

25.01.2022 Why your broker asks so many questions 2 of 5 It is your broker’s job to find out everything they can about your financial situation and your goals for the future. This ensures that they are serving your best interests. For more financial insights visit:... https://aviatoradvisory.com.au #mortgage #homeloans #mortgagebroker

23.01.2022 Lenders mortgage insurance: What you need to know The insurance premium is generally a one-off payment, but you may be able to roll it into the loan amount so that you are paying for it month-by-month along with your mortgage. There can be a big difference between premiums paid if you have, for example, a 10 per cent deposit saved compared with a five per cent deposit, so it may well be worth trying to gather together some extra funds, even if you don’t reach the full 20 ...per cent. For full article, please visit our insights: https://aviatoradvisory.com.au #mortgage #buyingahome #mortgagebroker

23.01.2022 How a guarantor can help you secure finance 2 of 3 Service guarantees are less common than security guarantees, and they involve a spouse guaranteeing all of the repayments on a loan, and at times, being named on the property title or demonstrating that they have a substantial benefit in guaranteeing your loan. For full article, please visit our insights:... https://aviatoradvisory.com.au #mortgage #buyingahome #mortgagebroker

23.01.2022 Finances on your mind? Reasons why you should speak to a broker asap 2 of 5 In this period of uncertainty, at the very least many will be taking a closer look at their finances to make sure their current loan arrangements are right for them. Mortgage and finance brokers have the experience and knowledge to assist in a variety of situations and are simply an internet search or phone call away. Mortgage brokers are in regular contact with their lender panel and make it their business to understand the different options lenders currently offer. #mortgage #broker #smallbusiness

22.01.2022 Property investing checklist 4 of 5 Collate your information In order to apply for finance, you will need proof of your current income, employment and your assets as well as all liabilities including debts, loans, rental payment, outstanding credit card obligations and any other due payments, for example, buy now pay later commitments. Collate these and also any paperwork that helps support your personal position.... For full article, please visit our insights: https://aviatoradvisory.com.au/what-is-an-annual-review/ #property #investment #finance

21.01.2022 Finances on your mind? Reasons why you should speak to a broker asap 5 of 5 While a simplistic view of what constitutes a great mortgage is the one with the lowest interest rate, mortgage brokers know that what suits one person might not necessarily suit another. For instance, fixed interest rates can offer piece of mind as interest rates increase, but they can be the cause of anxiety if rates fall or if unforeseen circumstances require a change. No matter what your circums...tances are, mortgage brokers can actively assist you in navigating your current situation. So, if you’ve been thinking about reassessing your finances, contact AVIATOR. #refinance #mortgage #mortgagebroker

20.01.2022 A fixed rate loan has an equivalent rate of interest throughout the fixed rate period. For fixed rate home loans, this is generally anywhere between one and five years. Sometimes borrowers can secure their interest rates for extended period of time. This loan structure is right for borrowers preferring predictability from their loan repayments, as during a hard and fast rate, loan repayments generally don't fluctuate. If one is taking out a hard and fast rate loan when inte...rest rates are low, you retain paying an equivalent rate although rates rise sharply. Learn more here: https://aviatoradvisory.com.au/fixed-rate-loan-vs-variable/ #mortgage #finance #business

18.01.2022 Finances on your mind? Reasons why you should speak to a broker asap 3 of 5 While the options can seem straight forward, it is easy to miss the details and differences that can add up, particularly over a 30-year term. For example, a number of banks are offering to temporarily freeze mortgage repayments for three or six months. While this may seem like a good option, it is important to fully understand the implications. This could mean that the total debt will increase. Of course, depending on an individual’s circumstances, there may be a number of available alternatives that may reduce repayments while not increasing your interest bill as much in the long term. #mortgage #homeloans #mortgagebroker

17.01.2022 5 things first-home buyers need to know 4 of 5 Think about your future Just because your current situation allows you to get a home loan, that doesn’t automatically guarantee that you will still be able to service it in five years’ time. Is there a possibility your role at work will change? Are you considering going back to study and reducing your working hours? ... For more financial insights visit: https://aviatoradvisory.com.au #mortgage #buyingahome #mortgagebroker

15.01.2022 Finances on your mind? Reasons why you should speak to a broker asap 4 of 5 Refinancing too, may be on the minds of many as a result of the Reserve Bank cutting rates and banks passing them on, to varying degrees, as well as access to a range of competitive fixed interest rate options on the market. A discussion with your local mortgage broker may be just the ticket. #refinance #mortgage #mortgagebroker

15.01.2022 Property investing checklist 3 of 5 Assistance from relatives & friends Talking to friends, family and acquaintances who have already made such an investment, or are currently considering one, can help your awareness of stumbling blocks and potential issues that you might otherwise miss. While any issues you face may seem new, it can help to bounce these off a trusted friend or relative who has been there before.... #property #investment #finance

13.01.2022 How offset accounts can save you money Offset accounts are like savings accounts that function alongside your home loan. You earn interest on the money in the offset account and you often have a debit card attached for simple withdrawals. With 100 per cent offset accounts, you earn interest equal to the interest you are paying on your loan. Rather than earning savings account rates, you are earning home loan account interest rates on the money held within the offset accoun...t, which then goes to reduce the equivalent amount of interest payable on your loan. Offset accounts, like many savings accounts, often come with account fees, but the fee may be worth the interest savings and the added flexibility compared to redraw facilities. #mortgage #offset #redraw

10.01.2022 Property investing checklist 5 of 5 Other things to consider An investment property purchase should not be an emotional decision. It is a business decision. If the property isn’t as clean as you would like, don’t assume that it hasn’t been maintained unless there are other clues to demonstrate that. Cleaning and even simple maintenance tasks are things you can do yourself or have done for you that you can include in your budget.... Consider choosing a property based on whether you feel like you could live in it. While it’s still a business decision, you also have to adopt the mindset that you could be selling to an owner/occupier down the track, which could be an emotional purchase for the buyer. If however you plan to rent the property, your decision should be based on what would appeal to the type of individual who wants to reside in the area. For full article, please visit our insights: https://aviatoradvisory.com.au/what-is-an-annual-review/ #property #investment #finance

09.01.2022 COVID-19 Pandemic: What is the Next Step for SMEs? 4 of 4 Phase 2 of the Coronavirus SME Guarantee Scheme goes beyond the first phase. It is a good opportunity for small businesses to grow during the COVID-19 pandemic. However, it’s imperative that you seek advice from a reputable and accredited finance broker before getting into debt. Aviator Advisory has been helping clients with applications to keep their businesses growing and expanding during the COVID pandemic and res...ultant lockdowns. We help our clients in preparing, structuring and negotiating favourable loan terms with accredited lenders. For full article, please visit our insights: https://aviatoradvisory.com.au #covid19 #business #smallbusiness

08.01.2022 How offset and redraw accounts can save you money Offset accounts and redraw facilities work in similar ways; they both allow you to reduce the balance of your home loan, and therefore the interest charged, by applying extra money to your debt. Deciding between an offset account and a redraw facility on your home loan largely depends on how accessible you need your extra money to be. ... Finding a loan that matches your needs is a lot easier with an expert on your side. Contact AVIATOR to find a loan that matches your current needs and future plans. #mortgage #offset #redraw

05.01.2022 How redraw accounts can save you money Redraw facilities allow you to deposit spare income into your home loan account, allowing you to redraw a sum equal to the extra repayment amounts in future. In the meantime, the extra money paid will lower the amount of interest charged while still giving you access to your money. ... However, there may be restrictions on how much money can be withdrawn and when. It is important to find out how a loan’s redraw facility works before taking it on, as the fees and restriction attached might outweigh the benefits of interest savings. #mortgage #offset #redraw

04.01.2022 Property investing checklist 2 of 5 Obtain Professional advice You now need to obtain professional advice. An investment in real estate is likely to be significant in relation to your current financial position. If you have already discussed the investment with a licensed financial planner or investment adviser and residential real estate is considered the most appropriate in your current circumstances, you will have considered aspects including rental return, maximum capital... growth and/or tax effectiveness. You next need to locate a suitable property. There are buyers agents now available who can assist you in this process potentially saving you money by disregarding inappropriate properties and concentrating on those that are more likely to deliver the highest return and capital increase to you over time. Following that, unless you have cash or other investments that can be converted to cash to make your property investment, the next step is to contact a mortgage broker to help you to secure finance to enable the purchase. This will give you the opportunity to ask the broker as many questions as needed to alleviate any uncertainty you may have about securing that finance. Using the services of an accountant, financial planner, solicitor/conveyancer and property manager on your team will also assist you in coming to your decision. #property #investment #finance

03.01.2022 How a guarantor can help you secure finance 3 of 3 A more popular option is a security guarantee. Borrowers who have a limited deposit often use this approach. In this situation, a relative (usually a borrower’s parent or parents) is prepared to use the equity in their own home to guarantee the deposit of the borrower. This is a very popular way of first home buyers entering the property market. It works well when borrowers don’t have a substantial deposit, but their paren...ts own their own home. It’s a great option as long as the parents are comfortable with their child’s ability to pay back the loan. To find a solution that will help you own your own home sooner, contact AVIATOR. For full article, please visit our insights: https://aviatoradvisory.com.au #mortgage #buyingahome #mortgagebroker