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Blackk Finance

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25.01.2022 First Home Buyers for 2020 - Take my Quiz to instantly learn which Government incentives you might be eligible for. There are now three benefits on offer in QLD: *The First Home Loan Deposit Scheme where you can get up to $16,000. *We also have the QLD Stamp Duty Rebate where you can get up to $8,750.... *And the QLD First Home Owners Grant worth $15,000. The tricky bit is working out which ones you are eligible for. There is different criteria for each, such as: * Value of the property you buy; * Amount of deposit you need saved; * Income caps; * Nationality; I have made this super simple to understand so you know EXACTLY where you stand. You can also download the Fact Sheet which summarises - side by side and on one page - all three Government programs. You won't find this collated information anywhere else. If you are curious to know what you could be eligible for, then jump on in and try the quiz now. #firsthomeownergrantsqld #firsthomebuyer #firsthomebuyergrantQLD #firsthomeloandepositscheme #QLDstampdutyrebate #firsthomeowner https://www.blackk.com.au/first-home-owner-grants-qld/

25.01.2022 Talking here about two ways to manage your home loan repayments if you are under financial strain. These are ...Using the Redraw facility (0.30 sec) and the 6 month home loan freeze/holiday (2.10min). ** If you are considering the home loan freeze, please give me a call to talk about your situation before you contact the bank directly so I can advise you on what to ask and watch out for.

24.01.2022 RECOGNISE THIS? // If we've helped with your home loan before, you may recall these scribbles? It's actually my hand writing :) I spend time face to face with every one of you whom I help with a home loan.... We chat about your property goals, how your finances work at the moment and the steps involved to buy and get a home loan. Often we end up with one of my famous 'money drawings' which help to paint a picture of how your money flows... what comes in, where.. and all the places it disappears too. I think most people find our sessions insightful and it often triggers people to become more switched on with what is happening with their money. #financialeducation #homeloans #mortgagebrokerbrisbane #mortgagebrokergoldcoast See more

23.01.2022 Talking here to those who are feeling under pressure financially. I cover: * Get clarity over your income/cash/expenses over next 6 months (0.32 secs) * Move to minimum loan repayments (3.38 mins) * Mortgage freeze (6.30 mins).

23.01.2022 BUSINESS OWNERS // It is so much harder for you guys to get a home loan approved in *this climate*. Actually, it is much easier for your staff to get a home loan approved, than it is for you . This year I have spoken to heaps of self employed people, who want to buy a home or do some major home renovations... but are uncertain as to how they will get a home loan approved now. I have spent the last few months writing this new Guide to answer your questions. I hope i...t is simple and easy to understand - but most of all I hope you find it HELPFUL. A few questions I cover: * How do I get a home loan approved being self employed? * How long do I need to be in business for? * How much can I borrow? * Do I need a 20% deposit saved? * Should I use a 'Low Doc' Lender? https://www.blackk.com.au/self-employed-home-loans/.

23.01.2022 Hoping for some help. I’m doing some marketing videos, and looking for two people to act as a ‘couple’ who are happy to act in some short videos. I’ll pay you for your time. Need to be free on Wednesday 18 November, between approx 12 to 4pm (TBC). Send me a message if you are interested. Cheers.

23.01.2022 ONE ON ONE // The absolute core of what we do is get your home loan approved in a way that is customised to your individual situation. No two people are in the exact same financial position or have the exact same goals. This means everyone's home loan solution will be different. Different savings, incomes, assets, debts, employment and even the different post codes you are buying in all mean every one of you is unique - so the discu...ssions, advice, lender and home loan product are all unique FOR YOU. #blackkfinance #mortgagebrokerbrisbane #mortgagebrokergoldcoast See more

22.01.2022 Over the last week I have spoken to many people about their financial situation who are feeling uncertain and stressed about keeping up their mortgage repayments and paying the bills over the coming months. I've compiled some of this advice. * I give you a starting point to get clarity over your financial situation * Plus a series of options to consider, relating to managing your home loan or investment loan repayments. ... This advice is general so please give me a call to talk personally about your situation. https://www.blackk.com.au/mortgage-freeze-covid-19/

22.01.2022 Was good speaking with Domain.com.au journalist, Kate Farrelly, about options for mortgage holders right now. It can be confusing to keep up with mortgage options, frustrating to get in touch with your lender to discuss them and even harder to know what is the right decision for you. It's a tough time for many families and individuals right now and we are humbled that so many clients have reached out for our help.... We've been talking to clients about their options to manage their home loan repayments like dropping to the minimum repayment, using money sitting in their redraw account, refinancing, fixing rates and home loan freezes. https://www.domain.com.au//what-can-mortgage-brokers-do-f/

21.01.2022 BUSINESS OWNERS / Home Loans for the Self Employed. Can I buy a home and get a home loan when I am a business owner? Yes, the good news is you (probably) can.... The key is to be prepared early on and if you are not in a great financial situation right now, then work towards it so you can buy or upgrade your home (or investment property) with ease. It goes without saying that to buy a property and get a home loan approved your business does need a reliable income so you are able to make your home loan repayments well into the future. Banks have a list of other financial criteria that you need to meet and I cover this in a new Complete Guide on Self Employed Home Loans which I am about to release .

21.01.2022 LOAN ADVICE // It is not your salary that makes you rich, it is your spending habits. A key to being mortgage free, is paying off more than the minimum repayment each week. A mortgage is a marathon and it takes constant work. A few numbers for you... *On a $500,000 home loan, the minimum repayment is $486 a week. You will pay this off in 30 years. ** If instead you repaid $600 (an extra $114) a week, your home loan is paid off 8 years and 2 months sooner.... *** You would save $76,701 in interest paid to the bank, which is money in your pocket (based on an interest rate of 3%). #payyourhomeoffsooner # financialfreedom #blackkfinance #mortgagebrokerbrisbane #mortgagebrokergoldcoast See more

20.01.2022 Why did I call us "Blackk Finance" (with two K's)? The real story behind this goes back to my high school days. Growing up I spent a lot of time in local libraries with my family. I loved reading (still do) and flipping through all the newspapers, journals and magazines. Sometimes I think the habit was created when I was young because we didn't get a TV till I was a teenager. At the time, one of my favourite reads was 'Fortune Magazine'.... Looking back this was probably an unusual choice for a 14 year old boy. Business has always fascinated me so I became really engrossed in articles on how multi national companies worked. There was once an article in Fortune Magazine on the UK telecommunications company called "Orange", and also known as "02". Orange spent hundreds of thousands of dollars on market research to come up with the brand name 'Orange'. The market research findings where that using a colour for a brand name was perfect. Different colours have subconscious meanings (think green for environment etc), they are easy words for people to remember and at the time it was a unique thing to do. So I went with the colour black but added two k's as the twist to become "Blackk Finance". The 'official' reason for calling us Blackk Finance (with two k's) is that we want to "get you in the black", which is an accounting term for being cash flow positive. I think the real story is more interesting! #blackkfinance #mortgagebrokerbrisbane #mortgagebrokergoldcoast #homeloans #homeloanspecialist

18.01.2022 WHICH BANK? // What exactly is the difference between the 40 banks and lenders offering home loans - and more importantly, which is best for me? Straight to the point here... I will always aim first to get my clients a home loan with a 'major bank' as a first priority, followed by a smaller bank. ... If we can’t get you a home loan approved with a 'bank', then we look at the 'non bank lenders'. What's the difference? > Major Banks (CBA, ANZ, Bankwest, Macquarie etc) - generally have lower interest rates / fees, better loan features like multiple offset accounts, superior online banking platforms, better access to customer service. > Smaller Banks (Suncorp, BOQ, ING etc) - usually offer some of the features of major banks, but not all of them. > Non Bank lenders (Bluestone, Liberty, Pepper Money etc) - help people whose financial situation may not be perfect and don't meet the criteria of 'banks'. It does mean trade off's like higher interest rates, fees and less sophisticated online banking. What has been your experience with your lender? I'd love to know so comment below. #homeloans #mortgagebrokerbrisbane #mortgagebrokergoldcoast #blackkfinance . pic: Victor Kalinowski in Brisbane city. See more

18.01.2022 FINANCIAL EDUCATION // ...and not only will you end up learning more about how to manage your money well, youll also generate more wealth". What truly inspires me to come to work everyday and give it my all being a mortgage broker, is having the opportunity to teach money and finances to my clients. Maybe it is because my mum was a school teacher / principle for 45 years so lesson planning and teaching was always discussed around the dinner table and on weekends. ... Learning about how to manage your money is simply, massively important. This philosophy of financial education is really the backbone of Blackk Finance and I hope past and present clients feel my generosity when it comes to helping. A few things we do that you might like to tap into: ** Free advice available on our website on how to prepare, get and manage a home loan (Guides and Blogs). ** Every clients who wants a personal plan to pay off their mortgage / debts sooner, gets one. ** Generous amounts of face to face/video advice for every client on how to operate their home loan and better manage the flow of money in their household. See more

17.01.2022 BUYING YOUR NEXT HOME // Bridging loans have a bad reputation. When I mention these words to my clients, I feel the vibe of uncertainty. And back in the 1980's, bridging loans were sketchy. But just like how hair styles have changed since the 80's, so have bridging loans. Actually they are really mainstream now. ** When would I need one - if you own your current home and want to buy a new home.... ** What is a bridging loan - it allows you to borrow the money for the new home, while giving you between 6 to 12 months to sell your current home. ** Why does it have a bad rep - mainly because when interest rates were 10% (or more) loan repayments were very high, however these days with such low interest rates, bridging loans are a no brainier. ** How does it work - during the period between when you have purchased your new home, and you still own your existing home, youll make repayments on both your bridging loan and your existing home loan. Once you sell your existing home, the equity or proceeds will pay out your original mortgage, and any additional money will go towards reducing the mortgage on your new home. ** Tips - check first if your bank offers bridging loans. Also, importantly you will need a longer finance clause in the contract you sign for the new home. See more

17.01.2022 In March 2017 we donated 2,500 native seedlings and some gardening gear to the regeneration efforts of the headland at Lennox Heads (northern NSW). Together with dedicated locals like John, Spider, Tim and Alison we helped plant the seedlings. It is awesome now, to see how they have grown (see pics March 2017 V October 2019). Some of you may know that I grew up in Northern NSW and we spent a lot of time on the weekends working with mum, dad and my brother planting..., weeding, gardening and various other character building exercises. It made me appreciate how good it was to have native trees and bushland to run around in. I would love for the kids of Lennox to have that same experience. A massive thank you to the local regenerators, especially John, for his ongoing efforts nurturing and maintaining the area. #lennoxheadlandcare #blackkfinance See more

16.01.2022 FIRST HOME BUYERS / Latest advice on how to get $40,000 in Grants towards building or buying a brand new home in QLD. *Do the Quiz to see if you are eligible. *Plus download the guide for free. https://www.blackk.com.au/first-home-owners-grant-qld/

15.01.2022 BE PREPARED // If you are looking to buy a home right now, knowing what to expect out there will help you search and buy successfully. Here are my top 10 tips for navigating this market. 1. Its crowded - at first open homes on good properties expect 20 to 50 or more parties going through the property. 2. Consider suburbs further out - with higher prices post Xmas, some areas may not be in your budget anymore so look further afield... to suburbs that may still be affordable. 3. Niche down - Once you've chosen 3 or 4 suburbs and you know your price range, become an expert on every property in your range. 4. Know the maximum you can borrow / spend on the property 5. Know how long you need for your finance clause - 7 to 10 days is better if you have a pre approval already. 6. Be at the first and second open homes - the more you see the house, the more you will notice pro's and con's. It gives you an idea of your competition also. 7. Make sure the agent knows you - talk to the agent, be friendly, make sure they know you are a buyer. 8. Be prepared to make an offer after the first house inspection - good properties sell quickly, just make sure you know where offers are at so you don't miss out. 9. Get on agent's mailing lists - having advanced knowledge about a house coming up gives you more time to get ready to buy. 10. Keep calm and know when to pull out - if the house price goes over your budget, it is what it is. Move on to the next one. #mortgagebrokerbrisbane #mortgagebrokergoldcoast #firsthomebuyer #blackkfinance See more

15.01.2022 BUYING PROPERTY // Aim to save between 7% to 34% of the purchase price of the home you want to buy. There are two parts to this deposit (7% to 34%): * Deposit to secure the property ranges from 5% to 30% of the purchase price of the property.... *+ Buying costs add an additional 2% to 4% of the purchase price. Q. Why is there such a big range in how much deposit you need saved? A. The exact amount of deposit you need to put towards your home depends on a few factors such as: - Amount you are borrowing / where buying - Your income and employment - Your assets, debts, living expenses. - Your credit history Q. How can I reduce what deposit I save? A. The better you score on these factors, banks consider you 'lower risk' so you may be able to put up a smaller deposit (closer to 7%). As soon as you have high credit card debts, or a mark on your credit file, banks see you as higher risk so they may ask you for a higher deposit. It's best to book a free 15 minute call with me and I can work this out for you. #firsthomebuyertips #saving #buyingahome #mortgagebrokerbrisbane #mortgagebrokergoldcoast #blackkfinance See more

14.01.2022 Best 13 tips to boost your chances of getting your home loan approved>> * Three months out from applying for your refinance or brand new home loan, focus on these top tips: 1. Cut down on expenses like take away and multiple streaming services.... 2. No Afterpay or gambling expenses. 3. Dont over draw your transaction account. 4. Don't spend over your credit card limit. 5. Save money every pay. 6. Put any gifts of money for a house deposit into your account now. 7. Make more than the minimum repayment on your credit card / loans. 8. Lower your credit card limit. 9. Make sure your credit card balance is less than half the limit. 10. Dont apply for any home loan pre approvals. 11. Get a copy of your credit file. 12. Remove your name from any ex partners accounts. 13. Check with me first before you change employers. Following these guidelines will improve your chances of getting a home loan approved as it shows banks that you have good boundaries with your money >> translation >> you can reliably make home loan repayments each month

14.01.2022 First Home Loan Deposit Scheme is available from January 2020 for First Home Buyers. The maximum saving you can make is $16,179^, which I think we could all agree, is rather significant! Let's take a closer look. Key criteria: * If buying property in Brisbane / Gold Coast / Sunshine Coast the maximum amount you can pay is $475,000;... * You need between 5% to 15% deposit saved; * Your income needs to be below $125,000 p.a. as a single or $200,000 p.a. as a couple; * Australian citizens aged 18+ only (no permanent residents); * Owner occupied homes only * Available if buying an established home / building / off the plan property. Let's look at an example. In the table here, if you purchased a property for $475,000, and put $29,548 of your savings into it, then you would get the "maximum" incentive where you save $16,179 on Lenders Mortgage Insurance. Hope this helps, and I'll share more on this new Scheme in the coming weeks, including a full blog post summarising all three Government Incentive Schemes you may be eligible for. ^Estimate only, please get in touch if you want to know exactly how this may work for your personal situation.

13.01.2022 Sharing some general advice I've been giving clients asking for guidance on buying an investment property during 2020. 0.45 secs - Now is a good time to make an offer. 1.10 min - Will more houses come up for sale? 3.07 min - Chance to be positively geared. 3.40 min - Tenant considerations.... https://www.youtube.com/watch?v=r_gkRV4N6Uw&t=14s

11.01.2022 A meeting in the office with my baby girl today . . . #textaonmylegs

11.01.2022 WHY MORTGAGE BROKERS ARE SO POPULAR // Let's deep dive into what I do here at Blackk Finance, for our clients. These are benefits I feel we offer over and above what you'll get going direct to your bank for a home loan. Short answer - it's the non biased advice and guidance you won't get from your bank. **1. Mortgage Brokers give you choice of home loans - going into your local bank and asking for a home loan will mean you only ...see the 1 or 2 home loans they offer. Given there are hundreds of home loans to choose from, you are really limiting yourself. The end result may mean your loan is declined or you pay more. I do this every day so that expertise (along with software) means I can zoom in very quickly on which banks/loans would be best for you. **2. Guidance like a buyers agent - it can be intimidating going through the steps to buy a property. How do you make an offer, what do you say to an agent and how do I negotiate? I walk you through this as you're experiencing it so you feel in control. **3. Home loan advice - how do you structure your loan? Fixed interest rate V variable or a split loan? Navigating this is complex. Good advice is crucial and can save you a significant amount of money. It's hard to say what good advice is if you are new to home loans but shop around and ask bank staff or potential mortgage brokers lots of questions to give yourself a better idea of who is better for you. **4. Keeping you updated - we proactively keep you informed of where your loan is at and what to expect next. #mortgagebroker #versusbank #blackkfinance Victor Kalinowski

11.01.2022 // Taking a moment to say 'thankyou' to all our wonderful clients who have recommended us to friends, family and colleagues. This is our biggest compliment and I am always humbled by it. #appreciation #blackkfinance

11.01.2022 Behind the scenes we are always working on improving the finer details of our service . #agoodfolderforyourhomeloan #blackkfinance #blackkhomeloans

11.01.2022 HOME RENOVATORS / If you have been sitting on the fence about jumping into a big home renovation, now might just be right time to get it done. With the Federal Governments $25,000 HomeBuilder Grant now available, it is enough to make many of us start screen shoting Instagram and Pinterest ideas of stunning homes. The easiest way to pay for a renovation is to have a heap of cash sitting in your home loan offset account that you can access to pay for it. ... If this is not the case then it is likely that you will need to borrow money, and here are the two options you have. 1. Using the equity in your home: This can be the go-to option if you already have enough equity in your home. In many cases banks may lend up to 90% of the value of your current home. 2. A renovation / construction loan: If you do not have enough equity in your home, then you will need a renovation / construction loan. This is the most common approach to financing a large renovation as it is designed to help you through the construction period. A key step in getting a construction loan approved is getting a valuation that projects what your home is worth when the renovation is complete. Banks lend money based on the completed value of your home. The higher the valuation, the more you can borrow. **HomeBuilder Grant of $25,000 - is available for Australian citizens when you spend from $150,000 to $750,000 on a major renovation (more criteria applies). See more

11.01.2022 ? // Yes for sure, but how do I pay? Getting access to money is, for most people, the first barrier to starting home improvements. This Guide goes through all the ways you can fund it, including how to get the $25,000 HomeBuilder Grant. So whether you want to put a pool in, add a back deck or re do the kitchen, this Guide will point you in the right direction.... https://www.blackk.com.au/home-renovation-loan/ See more

09.01.2022 Sometimes building a home can be a quick process and other times it can take time. Time to save , time choosing a design, hours spent on Pinterest and Insta. Our clients found this land in late 2012 on the Sunshine Coast. Over the next few years they built a shed and then planned a very special home . Well worth the planning and the hard work. Here's a pic of the view overlooking the pool..... #mortgagebrokerbrisbane #blackkfinance

09.01.2022 EXPLAINER // Some holiday reading about a topic close to my heart: when you 'should' and 'should not' get an offset account with your home loan. An offset account is usually a transaction account that is linked to your mortgage. Any money in the account reduces your mortgage debt balance so that you end up paying less interest on your home loan. You usually pay a fee of a few hundred $ a year for having an offset account, so you just ...need to be sure what you save is more than the cost. An offset account if better when: > You are borrowing a lot; and/or > Have lots of savings/ equity > You are a good saver. The full post is on our website under blogs. #blackkfinance #offsetaccount #mortgagebrokerbrisbane #mortgagebrokergoldcoast See more

08.01.2022 HOME LOAN ADVICE // I think one of the most effective ways to become 'wealthy' is to pay your home loan off sooner. You should always be making extra repayments on your home loan, so you are repaying more than your minimum loan repayment even if it is just $20 a week. I think this is a non negotiable commitment and more importantly, if you feel you CANT afford this then perhaps youre not ready to get a home loan in the first place?... ** Imagine you have a $450,000 home loan. Your repayments are around $511 a week for 30 years. In this time you will pay the bank $345,860 in interest. Basically you are paying off your loan, almost twice (once for the principle and next in interest repayments). ** If instead you paid $711 a week ($200 more) every week for the entire loan, then you would... ** Be mortgage free in 17 years (13 years sooner) and save yourself $162,352 in interest paid to the bank. That's a huge amount of money by anyone's standard. How long would it take you to save this amount? You could pay for your childrens schooling, buy an investment property or take a lot of time off work with this saving! Remember that little steps in the right direction over time make a BIG difference. This is why every client (who wants one) gets a plan to pay down their debts sooner. (IR of 4.25%, OO). See more

08.01.2022 #buyingahome #itsstressful #notasstressfulwithvictor #googlereviews #blackkfinance

08.01.2022 MORTGAGE DEFERRALS // Six month freezes for 260,000 Australian families are due to expire by October 2020. If your home loan is still deferred, you will need to contact your bank to work out next steps. Please feel free to call me first and I will talk through what to say to your lender.... Which of these are you? **1. You can start repaying in full - you will be required to do this if you can. **2. You can partially pay - if you are in ongoing financial difficulty, your lender may have your loan restructured or varied (for example by being interest only). Or you may be eligible for a 4 month referral extension. During this time you will need to work with the bank to find the best solution to return to repayments. The 4 month extension is not automatic, it will only be provided to those whom the bank genuinely believes will benefit from extra time. **3. You cannot pay - you will be assisted through the banks hardship process to determine the best long term solution. FAQ's * Will the deferral period be on my credit report? The 6 month deferral period will be left blank meaning it is not shown on your credit report which is good news. * What if my hours have not returned to normal / I am underemployed? You may be eligible for a further 4 month extension and during this time you need to work with your bank to determine the best solution to return to making repayments. As always please contact me directly and we can talk through how to best manage this for you. # mortgagedeferrals #homeloanadvice #mortgagebrokerbrisbane #mortgagebrokergoldcoast #blackkfinace See more

08.01.2022 New beginnings . Yes it is true we have moved the Blackk office to South Brisbane! Why? We wanted you make it more conveniently close to the city for clients, without having to actually be in the city. ... There is free parking out the front of the office for you, and its close to all forms of Brissy public transport if thats your thing. Pop by if you want to chat . #southbrisbane #blackkhomeloans #mortgagebrokersouthbrisbane #mortgagebrokerbrisbane

07.01.2022 When you are self-employed there are often more challenges to getting a home loan approved than if you are employed by an organisation. The main reason is it hard to get a home loan approved when you are self-employed is because you need to find a mortgage broker who can interpret accounting as well as home loan policy. Many businesses have complicated structures and move money around for tax purposes so to understand your income, we need to understand your tax returns, prof...it and loss and balance sheets. This then needs to be explained to the banks, who often themselves dont understand a business finances. As you can no doubt see, this is far more complicated than simply getting the last months payslips from a client who is employed by an organisation! When helping self-employed clients, the first step is for us to understand your business structure (sole trader, partnership, corporate trustee or a company) as different lenders are more appropriate for different structures. Then we need to understand your business finances: all your liabilities like leases (i.e. car, machinery etc), one-off expenses, any business loans, overdrafts and other business debts like payment arrangements with the ATO. We also look at your financials to understand your profits, dividends, directors fees, depreciation and extra super contributions. If you are currently employed but may go out on your own in the near future then get in touch as we can discuss how best to structure your home loan right now to support your move.

07.01.2022 This is one of the most important strategies to know if you are thinking about buying a home ... If you want your offer to buy accepted for below asking price (who doesnt) then find out why the vendor is selling . What is it (other than paying more) that is going to be really valuable to the vendor?... Check out my latest post below. https://www.blackk.com.au/making_an_offer_on_a_house_below/

07.01.2022 Credit cards and buying a home. . If you are approaching a point where you are thinking of buying a home, its really important in todays lending environment to get a copy of your credit file about 3 months before you actually make an offer to buy a property. . Lately Ive had a few clients who needed a loan approved fast, which I can do for them. ... . But the problem was they had credit cards from many many years ago that they thought they had closed .. to their surprise these cards were still registered to them and sitting on their credit file. . The impact to these clients had been a delay of up to several weeks in getting their home loan approved. In some cases this can mean you miss out on the property you want to buy. . So I dont want this happening to you, so please take some time before you go to make an offer on a home to get prepared by looking into your finances. You cant hide much from the banks these days so its best we get a handle on your finances to get ahead of the game. #blackkfinance #blackkhomeloans #mortgagebrokerbrisbane #mortgagebrokergoldcoast

07.01.2022 There are some very attractive offers from lenders to fix your home loan interest rate at the moment. Here's my take on it. **Spoiler alert: banks want you to fix your interest rate as they make money out of it. If you do fix, make sure it's for other reasons like having more certainty over your repayments each month. https://youtu.be/DTCJbsV5ANY

06.01.2022 FINANCIAL WELLNESS // Feel good about where your money is at now and in the future. Put simply, financial wellness, is the ability to have enough money to make ends meet and save for whatever you need for the future. Some days you might feel confident you can meet bills and expenses. Other days you may feel like you dont have nearly enough in the bank account to make it through to your next pay.... Meeting your mortgage repayments each month is most people's major priority when their pay comes in. It is also the largest commitment you probably have. To free up some cash each month, ask me about: ** Refinancing - can you get lower rate? ** Consolidating debt - check in with me if you have multiple debts like credit cards and car loans. See more

05.01.2022 ? // I get asked this a lot. The answer involves ice cream flavours. Which are you? * Vanilla Vanilla people have straight forward job/financial situations. They have been in their jobs for at least 2 years, usually working for the Government or a big company, have lots of savings/equity and perhaps only one credit card with a low limit. If you are 'vanilla', you'll have lots of different lenders who will app...rove your home loan. VERDICT = EASY TO GET HOME LOAN. * Hokeypokey Hokeypokey people have a bit more going on, perhaps a combination of these things... Been in their jobs less than 2 years, less than a 20% deposit/ equity, may have a car loan and credit card, get paid over time / commissions / shift allowances. It means you'll have a less lenders to choose from so its about finding the right bank (otherwise the loan is declined). VERDICT = YES YOU PROBABLY CAN GET A HOME LOAN. * Salted caramel with cacao rose petals, DF, GV, Vegan Anyone of these will mean you have more hoops to jump through....if you're self employed, have 5% deposit, have late repayments on credit card/loans recently. There are less lenders to choose from, and we need to be very thorough with a home loan application. VERDICT = IT CAN BE DONE BUT ITS HARDER #notreallyabouticecream #makingfinancetasty #homeloans #mortgagebrokerbrisbane #mortgagebrokergoldcoast #blackkfinance See more

05.01.2022 // Another interest rate drop in early November means looking at your home loan to see if you need to refinance Three reasons why you would refinance: 1. Get a better interest rate (to save on repayments).... 2. Consolidate your debts (to free up money) - if you have credit card debt, a personal /car loan and a home loan then you should look at rolling all debts into your home loan. The lower interest rate on your home loan compared to what you are paying on other debts, will free up cash each month. 3. To redraw money from your home loan (to renovate, pay off other debts, buy a car). #refinance #refinancing #mortgagebrokergoldcoast #mortgagebrokerbrisbane #blackkfinance See more

05.01.2022 MARKET UPDATE // With Spring comes more home listings which is a cause for much excitement for those of you who want to buy a home and have been patiently waiting out the slower months. In Brisbane, there is an extra 2.3% more listings this month compared to last (Core Logic report). Across Brisbane, anecdotally, I have not noticed any house price declines and the data from various industry sources says the same. If anything, I think house prices are steady or up becaus...e there are a lot of buyers out there. On the Gold Coast, we have noticed more listings this week so let's hope that trend continues. What have you noticed about prices and stock in your local area? See more

03.01.2022 Excited to announce we have opened a second office - in Burleigh Heads . I now move between both offices, depending on what works for our clients. For a while now Amanda and I have wanted more salty water in our lives , especially for the kids so we moved the family here in August. Most of you know us well, so this would come as no surprise! ... Having an office in Burleigh makes it easier to keep in touch with those of you already living on the Gold Coast. And for all our Brisbane friends, we have some exciting changes happening in the Brisbane office so keep an eye out for news in the coming weeks . #mortgagebrokerbrisbane #mortgagebrokergoldcoast #homeloanbrisbane #homeloangoldcoast #blackkfinance #blackkhomeloans See more

03.01.2022 COSTING HOME RENOVATIONS // With so much inspiration coming our way through social media and The Block, who isn't wanting to renovate their home in some way? * The best place to start is going over your ideal plans with builders and tradespeople to get a ball park figure. * Then you can prioritise what your 'must haves' v 'nice to haves' are. ... * You can also choose to get more work done, or you may need to downsize the scope (which is often the case). * At this point, come and talk to me and we can work out what you can afford to spend in total on your renovation. * The earlier you can get some certainty over your financial position - the better - to avoid feeling disappointed later if you cannot afford all your must haves or worse, the bank wont lend you the money at all. Specifically, I can answer: * What can I afford to spend on my renovation? * What can I afford to repay in loan repayments based on my income and living expenses? * How much will the bank lend me? * What is my home worth now (pre renovation)? * What is my home worth after the renovations are completed? Pic: With thanks to local Gold Coast builder @pjhconstructions. See more

02.01.2022 Most people still believe you need to apply for full home loan pre approval before making an offer to buy a home. This is simply NOT true! ** In fact most of you can skip this hurdle if you: - Have at least a 5% deposit saved (plus buying costs) - Get a regular wage / salary as an employee... - Are buying / building a house for sale (not auction) ** Instead I recommend an Informal Home Pre Approval, where I give you all the benefits without the downsides. ** Learn - What you can do to improve your situation so you can buy the home you want; - A range of banks that would be suitable for you to get your home loan through; - How much deposit you need saved; - How much you can borrow / spend on a home; - Approximate interest rates and fees; - What your buying costs would be. - Steps to buy a home. ** There are so many upsides to an Informal pre approval with one of the biggies being you will not get an enquiry on your credit file. ** Read more in this post to find out exactly what type of pre approval is right for you and what to be aware of if you are looking around for one. https://www.blackk.com.au/home-loan-pre-approval/

02.01.2022 CHOOSING A HOME LOAN // In the same way Quicksilver targets surfers and Hugo Boss does suits ... banks also target niche's of people. Some banks go for first home buyers with low deposits, others specialise in renovation home loans or self employed people. Because of this targeting, it means that for most people, there are only a small handful of lenders (say 1 to 3) who will approve your home loan .... So while many people believe you choose a home loan based entirely on the lowest interest rate... The reality is that one of the first things we look at, is which banks will actually approve your home loan and in time for settlement. Then we look at which of these lenders has the best interest rates / fees. It is one of the reasons why about 60% of new home loans are done through Mortgage Brokers like us. See more

02.01.2022 SELF EMPLOYED // Follow this advice so you can make an offer on a new family home, feeling confident you can get finance approved. If you are a business owner and want to buy property in the next 6 to 12 months, this new Guide is for you. You will learn:... * How to get finance ready to apply for a loan. * Banks V Non bank lenders - which is best? * 6 key areas banks assess you on for a home loan * Understand why home loans for business owners are harder to get. https://www.blackk.com.au/self-employed-home-loans/

01.01.2022 If you are house hunting at the moment and wanting some guidance on how to make an offer on a home, this guide is for you . Perhaps you have even made offers to buy and have had some disappointments missing out on homes that you loved ? This 12 steps guide shows you were to start with house price research, what to include in your offer, managing counter offers and successfully getting through to move in day . https://www.blackk.com.au/how-to-make-an-offer-on-a-house-/

01.01.2022 Borrowing money from banks provides all of us with opportunities we otherwise would not be able to afford like a home and car. In some countries, people do not have access to banks like we do. That is why, for many years now, I have supported families in less developed countries with micro loans to improve their quality of life and provide opportunities for them to earn an income.... Every time we settle a home loan for a client, we donate to Kiva.org on their behalf. We invite all our clients to check out Kiva.org and choose where they would like us to contribute to on their behalf. Katy @kekgy who we have just helped with a home loan, did just that. Katy asked us to support water and sanitation, and we were happy to do so. After some research we specifically targeted toilet sanitation in the Phillipines. Every year an estimated 55 people die in the Phillipines due to lack of clean water and sanitation. We supported three families with sanitary toilets. Thank you Katy. #kivacommunity #thankyou #givingback #blackkfinance #blackkhomeloans #mortgagebrokerbrisbane #mortgagebrokergoldcoast