Care Mortgages in Wollongong, New South Wales | Loan service

Care Mortgages

Locality: Wollongong, New South Wales

Phone: +61 1300 102 000

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25.01.2022 Hi All :-) Quick update.. RBA keeps interest rates on hold at record-low 0.1 per cent Already the low interest rates have spurred a record-level of homebuyers to take the plunge, with one of the big 4 banks predicting a boom in first home buyers. (I'm already seeing this!). https://www.9news.com.au//d0db923f-f6b7-4308-baa9-8bd65dc2

25.01.2022 I have had a few calls of late as September approaches, from business owners who are worried about the reduction in JobKeeper support. They are also worried about their cash flow. All I can say is, if that is you, act sooner rather than later, when I am sure banks will once again get inundated. Hope this helps.

24.01.2022 Pay off your smallest debts first.Pay off your smallest debts first.

24.01.2022 What? https://www.news.com.au///7fd7a97e954bf1986ec0cd6c34fed9f6

24.01.2022 House prices still booming. https://www.corelogic.com.au//australian-housing-values-re

23.01.2022 THIS IS KARIM AND SAM, REAL LIFE PARTNERS WHO WANTED AN INVESTMENT PROPERTY. Karim and Sam are proud partners in a successful framing business. They were looking to buy an investment property and live with Sams parents for a couple of years to get fully on their feet. They needed a lender that would accept a combination of self-employed and rental income, and negative gearing to service the loan. I CAN HELP: With an Alt Doc loan from an alternative lender that accepted various forms of income, to enable them to get the loan they needed to buy their investment property.

22.01.2022 KNOW YOUR CREDIT SCORE

21.01.2022 More houses going to auction https://www.corelogic.com.au//over-2000-homes-taken-auctio

21.01.2022 In these crazy busy times. heres my New Months Resolution https://www.youtube.com/watch?v=FRDGlIJTVt8

21.01.2022 BE THE EARLY BIRD WHO CATCHES THE WORM THIS SPRING Looking to buy a property this spring? Contact us to discuss your loan needs and organise your pre-approval today, so youre ready to move quickly when the right property comes up. I can also offer loan products that are only available through me get in touch today to find out more. Call me 1300 10 2000

20.01.2022 Home Builder Grant Good news if you are looking to build or renovate an owner occupied property, you may be eligible for the TAX-FREE $25,000 grant. Let us know if you need any help. Cheers. Xenia

20.01.2022 HAPPY 2021 HAPPY 2021

20.01.2022 Sometimes people are reluctant to refinance, because they think its difficult and not worth the effort.

20.01.2022 Spring has sprung, which also means the busy home-buying season is here. Get your pre-approval today so you can act quickly. Let me show you the exclusive range of loan products I have, that have helped so many home buyers. Call me on 1300 10 2000 (Aus: 1300 102 000)

19.01.2022 ABS SAYS RENTERS HAVE INCREASED TO 32%. TIME FOR AN INVESTMENT PROPERTY?ABS SAYS RENTERS HAVE INCREASED TO 32%. TIME FOR AN INVESTMENT PROPERTY?

19.01.2022 Follow our five steps to pay off your home loan el pronto. Its not a pipedream. 1. Check youve got the right loan for your needs The cheapest loan isnt necessarily the best loan for you. The ideal loan has the right blend of a competitive rate plus features you will actually use to make your loan easier to live with.... 2. Look for hidden charges Paying monthly account keeping fees on your home loan is like paying a higher interest rate. Plenty of banks have scrapped monthly account keeping fees so if your lender is still putting a hand out for them it could be time to move on. 3. Make regular extra repayments Paying just a single extra dollar each week into your home loan will see the loan paid off sooner. Thats because additional repayments come straight off the loan balance. That way, next months interest charge is lower, so more of your regular repayment goes towards the loan balance. Its a great way to streak ahead with your home loan. 4. Add a lump sum payment There are times throughout the year when a cash windfall comes our way a tax refund, an end of year work bonus, or some unexpected overtime earnings. Add or all part of these windfalls as a lump sum repayment to your loan and watch the balance melt away. 5. Use your home loan as a savings account Try this simple strategy. Deposit spare cash into your home loan instead of a separate savings account. Youll save more in interest on the loan than youll earn with a separate savings account, and its a sure-fire to pay off the loan sooner. If your home loan offers redraw (as most do), youll be able to access the cash in an emergency. Or, if youd rather keep your savings separate, consider an offset account. This article is based on general information. It does not take into account individual financial objectives or needs and is not financial product advice.

18.01.2022 Who knows what will happen to property prices? Some say they will go up, others they will go down. If you are buying to live in the property, I always think the best time to buy is now (whether prices are at a peak or low). However that is not the case if you are looking for an investment property. https://www.therealestateconversation.com.au//d/1593566512

18.01.2022 Uh oh... https://www.news.com.au//news-story/d53b2a0954d29848c0f4a8

18.01.2022 As a mortgage broker in Australia, various Lenders often send me the specials they have on offer. Here is an offer from a Lender I received today. BUYING A NEW HOME FOR YOUR FAMILY? Clients can borrow up to 98% (Including LMI) plus use money received as a gift or their FHOG as a deposit. ASK ME HOW.

17.01.2022 THE PROS AND CONS OF INTEREST ONLY HOME LOANS - THE PROS Smaller repayments. During the interest only period of the home loan, your monthly repayments will be lower than with a principal and interest loan. Free up cash. Lower repayments mean you could use available cash for other purposes that may be financially beneficial. You could use the money to pay off debts, make other investments, fund a loan to purchase another property, or to pay the cost of additional educatio...nal qualifications that may increase your earning potential. Tax deductible for property investors. The interest on an investment property debt is usually tax deductible for property investors, as long as they follow the ATO rules. This can be very beneficial to property investors with regard to maximising their tax deductions and cash-flow. It should be noted, however, that owner-occupiers will not receive any tax deduction for interest if they take out an interest-only loan. Benefits are ongoing for the life of the interest only term. Consumers can often choose an interest only term from 1, 3, 5 or 10 years. This may be beneficial for tax minimisation strategies and financial planning purposes. Please speak to your financial planner or accountant. THE CONS The property owner may not build any equity. Interest-only loan repayments do not help the property owner to build equity in their property. Unless property prices rise during the interest-only period of the loan, you will not have improved your financial position. As soon as the interest-only period ends, the loan will revert to a principal and interest loan and your loan payments will increase. You should plan ahead for the end of your interest-only period. At that time, some lenders may allow you to renegotiate another interest only term. Or, if you convert to principal and interest, you may have to plan for increased payments. Other alternatives may include refinancing the loan, or selling the property. An interest-only loan will cost more in interest over the life of the loan than a principal and interest loan. The cost differentials can be quite significant.. It may be a better idea to pay down the principal while interest rates are low. Paying down as much as you can off the principal now could mean that when interest rates do rise, you would be paying those higher rates on a reduced loan size, which could mean lower loan repayments and/or paying less interest in the long-term. DISCLAIMER: The above is not financial advice.

17.01.2022 Summer is coming. Are you ready? Call now. 1300 10 2000 (Australia)

17.01.2022 Real life Mum and Dad customers I can help This is Tim and Jess, real life parents who want to consolidate their debts. Tim and Jess have two kids and theres another on the way. They have multiple debts on top of their monthly mortgage, so things are tight. They want to secure some cash out to reduce a major liability and simplify their debts into one monthly payment to get their finances under control. Unfortunately, theyd missed some payments on their personal loans so their existing lender wouldnt consider their application. I can help: With a home loan from an alternative lender, they could get the cash they needed to consolidate their debts and reduce their financial worries.

16.01.2022 This is Andrew, a real life borrower who achieved his goal with an alternative lending solution. Andrew is a self-employed carpenter and a good one. But hed recently had a tax audit and been hit with a large ATO debt that required immediate payment. He wanted to settle by releasing equity on his home but finding a lender to help proved difficult.... How I could help: With an Alt Doc loan from an alternative lender, he was able to release the equity he needed to pay off his ATO debt.

16.01.2022 How "covidsafe" rules and regulations are affecting some small businesses. It's tough and cashflow can be a big problem. https://www.smartcompany.com.au/c/covidsafe-small-business/

15.01.2022 A day in the life of a mortgage broker: Assessor: Why did you not declare dependents? Me: Because clients do not have any children who are dependent anymore. MA is 60, FA is 58. Assessor: Sir there are children drawing on fridge and children toys in backyard as per photos taken for valuation. Me: They have grandchildren who visit. ... Assessor: They also have a purchase on savings at Toy Store for $49.95. Me: They are cheap grandparents. Assessor: Thank you. Please find approval. Back and forth on this one issue took a week. (Not my story, but typical). See more

15.01.2022 Thinking of all the people affected by the fires in Australia. How can I help? So sad.Thinking of all the people affected by the fires in Australia. How can I help? So sad.

14.01.2022 'The lowest interest rate might stay this way for next 3 years' says economist. ANOTHER 3 YEARS https://www.skynews.com.au/details/_6212945279001

14.01.2022 Update from Corelogic. Both home buyers and sellers are down. Heres the latest news. https://www.corelogic.com.au//corelogic-datasets-capturing

11.01.2022 What is free, lasts for 3 months, and lets you start looking to buy a property? A Loan Pre-Approval! Get it now :-)What is free, lasts for 3 months, and lets you start looking to buy a property? A Loan Pre-Approval! Get it now :-)

10.01.2022 Are you self employed... in Australia? Sole traders need to read this. How to prepare for JobKeeper 2.0 https://www.smartcompany.com.au//sole-traders-small-busin/

10.01.2022 Heres a surprise. There are now loans available for business owners with no asset security required. Its part of the Australian Governments Coronavirus SME Guarantee Scheme. Yes its true. Just ask me how. (BTW thats not me)

10.01.2022 Corelogic take on the virus and Austrlian property market. Worth a read. https://www.corelogic.com.au//coronavirus-and-australian-p

09.01.2022 I think of myself, not as a mortgage broker, but your financial coach, so you get where you want to be.I think of myself, not as a mortgage broker, but your financial coach, so you get where you want to be.

09.01.2022 3 QUESTIONS I ALWAYS GET ASKED: 1. How much can I borrow? 2. What are my repayments? 3. What fees will I pay?

08.01.2022 I have never seen Business loan rates, for self employed people, so low. 3.47% WOW!I have never seen Business loan rates, for self employed people, so low. 3.47% WOW!

08.01.2022 House prices soar despite Covid and many small businesses going broke. It's still a good time to buy. Interesting article. https://www.corelogic.com.au//20/210301_corelogic_hvi.pdf

07.01.2022 Another interest rate drop. Some people are moving up> https://www.realestate.com.au//where-are-we-moving-to-whe/

07.01.2022 ARE YOU PAYING A "LOYALTY" TAX? https://www.domain.com.au//almost-a-fifth-of-mortgage-hol/

07.01.2022 Some lenders offering up to $4,000 cash back for refinances. Terms and conditions apply.

06.01.2022 Tip: Want a good deal with your bank? Go to a broker first, then see if your bank can match it :-)Tip: Want a good deal with your bank? Go to a broker first, then see if your bank can match it :-)

06.01.2022 The front runner for constructions home loans is available now for PAYG and SELF EMPLOYED clients. (Terms and conditions apply).

06.01.2022 Property prices on the rise. Where to buy? https://www.finder.com.au/where-to-buy-property-in-2020

06.01.2022 If you don’t want unexpected house guests, you need a pre-purchase building inspection You’ve just walked out of the perfect home. It has a fab shade of paint, the scent of jasmine and even a nook to read in the sun. You’re already baking muffins to take to your new neighbours.Whoa, slow down. There’s more to a great property than fancy light fittings. Getting a property inspection before you buy could save years of heartache. Here’s what the building inspector will be look...ing for. Electrical, plumbing or other work that’s been done unprofessionally. Building structure like wood rot, termites, old wiring, mould, rusty pipes or general decay. That’s just to name a few things. A pre-purchase pest/building report will identify all the problems affecting a property and the necessary work needed to bring the place up to scratch. At around $500, it’s a sound investment in the future of your most valuable asset. See more

04.01.2022 TURNED DOWN FOR A HOME LOAN? WHAT TO DO NEXT. Getting turned down for a home loan can really knock your confidence. If its happened to you, dont just accept it and wait years to have the courage to apply again. Its always worth checking with us first. The good news is there are now some big, well-established non-bank lenders that can offer you a different, much more personal approach to your home loan applications. We dont mean any fly-by-night lenders but big organisa...tions who have won awards for their work in alternative lending in Australia. They were set up specifically to help people with loans when the banks said no. Because when it comes to home loan applications, if youre short on paperwork, have a bit of an unusual income, if youve got a few credit history issues, or even defaults or judgements against your name, there may well be good alternative lenders that can still consider your application. If youd like more information, talk to us today about how we might be able to put you in touch with a lender that can help if your bank has said no to your loan application. Simply call 1300 10 2000, were always ready to help.

03.01.2022 Do you want to know how much you can borrow to buy your first home in Australia? Find out now 1300 10 2000Do you want to know how much you can borrow to buy your first home in Australia? Find out now 1300 10 2000

03.01.2022 Everything digital AI is having a laugh ..

03.01.2022 Are you self employed and sick of jumping through hoops for a loan from your bank? Call me for more options. Cheers Xenia

03.01.2022 Nice to know... https://www.ausbanking.org.au/a-covid-19-mortgage-deferral/

02.01.2022 The first computer dates back to Adam and Eve. It was an Apple with limited memory, just one byte. And then everything crashed. Hahaha .. I had one of these way back when https://prnt.sc/un37zn

02.01.2022 Are you eligible for a $2,000 cash back if you refinance your home loan? Find out. Call me.Are you eligible for a $2,000 cash back if you refinance your home loan? Find out. Call me.

02.01.2022 Understand What's PossibleUnderstand What's Possible

02.01.2022 Diego Maradona gave us so many thrills. Thank you Diego https://www.dailymail.co.uk//Diego-Maradona-died-suffering

01.01.2022 WHY SHOULD YOU USE A MORTGAGE BROKER??? In 2019 Deloitte released a study stating that two-fifths of the people they surveyed (that had a mortgage) had used a mortgage broker to apply for their mortgage loan. If you’re still asking yourself who you should talk to about your loan, have a read of this. You can absolutely get a loan direct from a bank. But I can cast the net wider and tap into over 40 banks and lenders from the Big 4 to boutique lenders, and access thousands o...f products. Not only can I provide more options than the banks, I will also do the legwork for you and help you navigate the complex home loan process from application to settlement. And did I mention my service is at no cost to you? I’m paid by the lender you choose so it’s definitely worth at least a quick chat whenever you’re ready.

01.01.2022 Fascinating. Wonder what jobs will be available for the children of tomorrow? https://www.youtube.com/watch