Commrural Lending Services in Shepparton, Victoria | Mortgage brokers

Commrural Lending Services

Locality: Shepparton, Victoria

Phone: +61 1300 559 974

Address: 80 Wyndham Street 3630 Shepparton, VIC, Australia

Website: http://www.commrural.com.au/

Likes: 134

Add/Update information

Reviews

Tags

• Property
• Loan service
• Mortgage brokers

25.01.2022 Loyalty is an admiral trait when it comes to our friends, family and loved ones. But if youre extending that virtue to the banks, then theres a good chance its costing you thousands of dollars. Thats the takeout from the ACCCs latest Home Loan Price Inquiry interim report. It shows that although interest rates charged by the big four banks on home loans fell during 2019, existing customers

24.01.2022 Two months and counting (down). Thats how long your business has to make use of the $150,000 instant asset write off before the end-of-financial-year June 30 deadline. Early last month, just as coronavirus was ramping up in Australia, the federal government increased the instant asset write-off threshold from $30,000 to a whopping $150,000 as part of its economic stimulus package. Under the sc

24.01.2022 ‘ , ’ ‘Tis the season to be jolly, but it’s important not to get carried away when using ‘buy now, pay later’ providers to fund that festive spirit. That’s because one-in-five users struggle to make their repayments, new research has found. https://commrural.com.au/be-careful-of-loading-up-on-buy-n/

24.01.2022 .% If you didn’t back a winner on Melbourne Cup Day then fret not: the Reserve Bank of Australia (RBA) has delivered mortgage holders a win by cutting the official cash rate by 15 basis points to a new record low of 0.10%. https://commrural.com.au/rba-trims-cash-rate-to-new-record/

23.01.2022 Dont let your credit card debt get out of control. You can be bankrupt for amounts as little as $5,000. Talk to us, we may be able to help, by restructuring your loans.

23.01.2022 You know that infuriating habit the big banks have of failing to pass on the RBAs cash rate cuts in full? Well, its finally triggered the federal government to order an inquiry into home loan pricing.

23.01.2022 Whenever the Reserve Bank of Australia (RBA) changes the official cash rate we all hear about how it will impact home loans. But it affects many other areas of finance and the economy, which well look into today. The RBA has cut the official cash rate to a new record low of 1%, just one month after lowering it to 1.25% - which was the first rate cut in almost three years (since August 2016). N

23.01.2022 : Stamp duty: two of the most dreaded words in the world of property and finance. Fortunately, NSW and Victoria have unveiled some big changes to the inefficient tax this week, and there’s hope it’ll inspire other states to review their own stamp duty arrangements. https://commrural.com.au/freedom-to-move-stamp-duty-reform/

22.01.2022 Reckon you could scrounge together an extra $50 each week to pay off your mortgage? If so, latest modelling shows the average household with a $400,000 loan could save $46,992 and pay off their home loan four years faster. This week were going to look at the benefits of paying just a little bit more off your mortgage each week. Now, this is quite a timely subject because the RBA has just deliv

22.01.2022 Initial information on the JobSeeker payment

22.01.2022 Every now and then a bank does something that bucks the trend and takes customers by surprise. Today well look at two cases that recently made national headlines and how you can reduce your chances of getting caught out. While the below two examples may not relate to your home loan specifically, they do serve as important lessons nonetheless. Why? Because theres every chance banks will make o

21.01.2022 Weve all done it. In a moment of weakness, a dodgy salesperson has persuaded us to hand over our hard earned money for a purchase we didnt really need, let alone want. Heres how to politely rebuff a salespersons pressure tactics. Whether it was a shiny new car, sports or leisure gear, or simply an impractical pair of shoes weve all been guilty of making a luxury purchase that we didnt re

21.01.2022 , : Whenever we think of New Year’s resolutions, the first thing that comes to mind is a health kick. But here are three (easy) New Year’s resolutions that’ll help improve your financial wellbeing in 2021. https://commrural.com.au/new-year-new-you-3-quick-and-easy/

21.01.2022 Heres a bit of good news: you may be able to borrow more for your next home loan after the prudential regulator sent a letter to the banks asking them to relax a key lending criteria. In a letter to lenders, the Australian Prudential Regulation Authority (APRA) has proposed removing its guidance that lenders should assess whether borrowers can afford their repayment obligations using a minimum

20.01.2022 Stay ahead of your ATO obligations. We offer a line of credit facility up to $25,000 and short-term business loans up to $300,000* with flexible repayments that work with your cash flow cycle. Talk to us today. T&Cs apply.

19.01.2022 One in 10 consumers have switched credit products in the past year, according to new research, with Millennials and women in particular pouncing on offers from small banks, credit unions and building societies. The financial landscape is shifting. Over the past 12 months, 10% of consumers have switched credit providers, according to the Australian Consumer Credit Pulse 2019 report from Equifax,

19.01.2022 ? First home buyers wanting to crack into the property market can now use an interactive map to see how much their neighbours spent on average for their first home. https://commrural.com.au/want-to-know-how-much-your-neighb/

18.01.2022 The crucial final touches on the federal governments $25,000 HomeBuilder scheme have been revealed. Will your build be eligible? When the federal government announced its $25,000 HomeBuilder scheme in early June the immediate reaction from many was you little beauty, quickly followed by, wait...

18.01.2022 Three-in-five prospective first home buyers intend to buy soon with a smaller deposit, rather than wait until they have saved a 20% deposit. So how do they plan on doing so? It usually takes between seven to 14 years for first home buyers to save a 20% first home deposit, according to a new report by Genworth on recent and prospective first home buyers (FHBs). With that in mind, its no wonder

17.01.2022 ’ : Great news for homeowners and prospective buyers: housing affordability is at its best level in a decade and should continue to improve throughout 2021. https://commrural.com.au/housing-affordability-best-its-be/

17.01.2022 The pendulum may have swung a bit too far when it comes to the tight lending standards currently imposed on small businesses, says the Reserve Bank of Australia (RBA). Since the RBA cut the official cash rate to a new record low of 0.75% on Tuesday, most of the attention has been on whether the banks would pass the full 25 basis point cut to home loan customers (spoiler: the big four banks onl

17.01.2022 Hey Im a finalist in the Shepparton Business Awards. Customer Service - Professional Services. Thank you Shepparton Chamber of Commerce, The Shepparton Adviser and Pental and WDEA Works

14.01.2022 Did you know that it takes four to seven years for the average household to save a 20% deposit for their first home and avoid paying lenders mortgage insurance? However, a new scheme promises to drastically reduce that time by dropping the required deposit to just 5%. As you may have seen, the Coalition government recently announced a plan to let first home buyers borrow up to 95% of the value

14.01.2022 ! ’ ! Well, that was a year for the history books. Time to start looking forward, we reckon! And the good news is 2021 offers plenty of promise. So what’s your New Year’s resolution? https://commrural.com.au/happy-new-year-heres-to-a-prosper/

13.01.2022 As if small and medium-sized businesses werent already facing an uphill battle this year; now it turns out that more than a quarter were knocked back when they applied for finance in recent months. Heres how we can help. The latest Sensis Business Index which surveyed 1,015 businesses in the first week of August shows 26% of businesses that applied for finance over the past three months we

12.01.2022 We are still working, but from our homes. Business as usual, we can be contacted via our mobile phones or email Gary Eckel 0400377447 , [email protected] or Bob Bishop 0400377450, [email protected] If you were having problems meeting your payments the banks will consider up to 6 months repayment holiday. Interest will capitalise during that period. Chat to us. If you need assistance. We are there to help. Take care everyone.

12.01.2022 Great news for home buyers - housing affordability is the best its been since 1999, according to new data released by the nations peak housing and building body. Thats right - housing affordability is comparable to the days when the Y2K bug had us fearing for our lives, Nokia Snake was the pinnacle of mobile gaming, and median house prices in Australia ranged between $112,000 (Hobart) to $272

11.01.2022 Ever been tempted to tell the boss youre leaving to start your own business? Youre not alone. In fact, more than nine million Aussies dream about becoming their own boss. However, the biggest hurdle for 60% of those people (5.4 million) is access to money, according to research commissioned by the Australian Banking Association (ABA). The percentage is even higher for women and young people

11.01.2022 We are still open everyone. Working from home. Stay safe. Ring Gary on 0400377447, or Bob on 0400377450 if you need anything. We are there to help. We are still writing loans for homes, cars, equipment, business loans the lot.

10.01.2022 One of the most annoying myths for young homebuyers has to be the smashed avo breaky one. You know - to buy a property you have to forego delicious weekend breakfasts. Well, here are three easy recipes that prove otherwise. Today were going to have a little fun and trade in our finance professional cap for a chefs hat. Why? Well you see, theres this pesky little lie about buying a home that

09.01.2022 : Small businesses are receiving payments from clients a month late on average that’s 18 days longer than last year. Make sure your business’s cash flow isn’t adversely impacted this holiday season. https://commrural.com.au/warning-to-smes-payment-times-hav/

08.01.2022 With interest rates at record low levels, today well look at a question that many are asking: should I lock in a fixed rate home loan? You may have recently received a call directly from your bank, or seen more ads than usual across the internet spruiking super low fixed-rate mortgages. Heres why: lenders are scrambling over one another to lock-in customers right now.... And their weapon of cho

07.01.2022 Tens of thousands of Aussies have an extra reason to love Valentines Day this year, with their credit scores set to jump after civil court filings disappear from their credit file.

07.01.2022 ’ ! ! To all our wonderful clients: this has been a year like no other, so we can only hope that you’re treated to a relaxing time with family and friends this festive season. https://commrural.com.au/seasons-greetings-bring-on-2021/

07.01.2022 Ever thought about investing in solar panels for your home? If so, youll know its a big decision and theres a lot to wrap your head around. Fortunately, the consumer watchdog is proposing a new retailer code to make solar purchases safer and easier. Australia is the sunniest continent on Earth. Yep, even more so than Africa. Which is why it makes sense that more than two million homes have a

07.01.2022 Tax time is just around the corner, which means ATO impersonators are pulling out their bag of tricks to try and scam you. Here are the main scams currently doing the rounds. Its fair to say that no one likes getting on the wrong side of the ATO. And this is one of the main reasons why ATO tax scams are so effective. The other main reason is that these scams are becoming increasingly sophistic

05.01.2022 : How comfortable do you feel leaving your home unattended when you go on holidays? Turns out that those who know their neighbours best have more peace of mind. https://commrural.com.au/love-thy-neighbour-how-to-protect/

05.01.2022 Scams involving identity theft have cost Australians at least $16 million this year, and that figure is likely to be just the tip of the iceberg, says the Australian Competition and Consumer Commission (ACCC). Worryingly, four in every 10 Scamwatch reports so far in 2019 have involved an attempt to gain information or the actual loss of a victims information. "If you think scammers might hav

04.01.2022 ? ! The finance industry has a bunch of acronyms and abbreviations that can make the home buying process a little confusing. But they’re not as difficult to understand as you might think. Take our short quiz to see how many you can answer! https://commrural.com.au/how-well-do-you-know-your-finance/

04.01.2022 Properties with high energy-efficiency ratings typically sell for up to 10% more, a review of international research shows.

03.01.2022 Are we there yet? That seems to be the million dollar question on everyones lips. Today well take a look at whether or not the property market is finally starting to stabilise, as well as when we might start seeing some positive changes in the market. Shhh. Can you hear it? Its the sound of optimism breathing its way through the Australian property landscape once more.... Lets run through w

03.01.2022 Marge, Marge, the rains are ere! Home prices have recorded their first rise since October 2017, with national dwelling values increasing 0.8% over August, according to the latest CoreLogic report. Housing values across capital cities rose by 1%, with Sydney (1.6%), Melbourne (1.4%), Canberra (0.8%), Hobart (0.5%) and Brisbane (0.2%) leading the way. While the lift in annual housing values is s

02.01.2022 Backyard cricket pitch not getting much of a workout these days? Sick of your weekends being taken up with mowing and gardening? Installing a granny flat could be a lucrative solution - boosting the value of your home by 30% and adding around 27% to rental income. Thats according to a combined analysis by CoreLogic and Archistar, which shows more than half a million east coast homeowners have e

02.01.2022 Businesses that put off paying large tax bills for too long may soon find that the Australian Taxation Office (ATO) has notified credit reporting bureaus. The proposal is part of The Treasury Laws Amendment (2019 Tax Integrity and Other Measures No.1) Bill, which was recently introduced into parliament. The Bill will provide the ATO with the discretion to disclose to credit reporting bureaus wh

01.01.2022 We dream big in Australia. So it’s little surprise that when the Great Australian Dream becomes a reality it means bigger houses than anywhere else in the world, according to a new report. https://commrural.com.au/australia-is-building-the-biggest/

01.01.2022 They say that home is where the heart is. And its true that we spend so much of our time, money and emotions in our homes. So it can be hard to truly look at them and think that something could be wrong. But when youre selling your home, or looking to rent it out as an investment, any faults or flaws can cost you money. Thats why its a good idea to have a building and pest inspection done b

01.01.2022 The 10,000 guarantees available via the new First Home Loan Deposit Scheme have been filled or reserved, but for those who missed out theres a second chance coming soon in July. There have been 5,500 guarantees issued under the federal government scheme, while another 4500 borrowers have guarantees reserved in the coming months. The scheme, which was launched on January 1, can allow first home

01.01.2022 : Mortgage holders and business operators are being encouraged by the RBA to switch lenders if their bank doesn’t pass on the latest cash rate cut. https://commrural.com.au/switch-lenders-if-rate-cut-is-not/

01.01.2022 Good news for mortgage holders this week, with the RBA saying "its reasonable to expect an extended period of low interest rates". Figures released on Wednesday show that core inflation, the RBAs preferred measure, is currently at 1.4%. However, Reserve Bank of Australia (RBA) Governor Philip Lowe says it is highly unlikely the RBA will contemplate higher interest rates until its confident t