Equiti Financial | Mortgage brokers

Equiti Financial

Phone: +61 413 519 182

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24.01.2022 Need a lo doc loan? No tax returns, no worries! Range of flexible lo doc lenders... If you are self employed but have not completed your tax returns, or simply do not want the hassle of getting all of your financials together for an application then no stress, a lo doc loan is the best solution for you. You do not need to supply the lender with any of your tax returns or financials. In most cases, all that is required is an accountant's letter and a BAS statement. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

23.01.2022 Are you looking to build a multi-property portfolio? Plan in advance! Loan structure and strategy is key... In our experience in dealing with property investors, we have found that many investors haven't structured their loans effectively, and are unable to build multi-property portfolios. Getting your loan strategy and structure right from the beginning is key. If you are looking for advice around your loan structure and strategy get in touch. 1300 108 119 [email protected] www.equitifinancial.com.au

23.01.2022 Are you self employed? We are experts in assisting self employed applicants Contrary to popular belief, it is not harder to get loans when you are self employed We have full document and low document options... If you are self-employed in any way we can help you! Do not think of being self employed as a disadvantage for lending, there are many lenders who look favorably upon self employed applicants. You can purchase property in your individual name by using income from your business for servicing, or you can purchase the property in your company's name, listing yourself as a guarantor on the application. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

19.01.2022 Have you got ATO Tax debt? Wanting to consolidate your ATO tax debt? We have a range of lenders that will accept ATO tax debt... Wanting to consolidate your ATO tax debt? We have a range of lenders who will consolidate your ATO tax debt. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

17.01.2022 Should you take a fixed or a variable rate? One of the most common decisions when structuring your home and investment loans is whether you should take a fixed or a variable rate loan. This is hugely subjective, and will change depending on your individual circumstances, but you should consider the below:... Variable Loans Provide more flexibility Can make unlimited extra repayments without penalty Can utilise an offset account Interest rate can move up or down with the market, or at the lenders discretion Fixed Loans Lock in an exact repayment Protect yourself from future rate increases Usually limited and can't make unlimited extra repayments Can have huge break costs if you need to break the fixed term before it expires It's worth noting that a common solution is to take a combination loan - e.g. 80% fixed and 20% variable, this can give you the best of both worlds. If you are a property investor who is currently is looking to purchase in the near future you will most likely have more flexibility with a variable loan for the below reasons: Easier to refinance and restructure portfolio More options when releasing equity to use as a deposit Higher borrowing capacity with some banks Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

15.01.2022 Need cash out for renovations, a property purchase or new car? Cash out on home loan interest rates Use your equity to build wealth!... The average Australian has 26% of unused equity in their home loan. Why not use this equity to renovate your property to add value, cash out a deposit for another property, or take the family on a holiday/buy a new car. The advantage of using your equity as opposed to taking out a personal loan or credit card is the much better interest rates available on home loans. Contact us today to find out how much 'usable equity' you have. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

14.01.2022 Expand your investment portfolio Going from 1 to 2 investment properties Use your existing equity... If you have any existing properties with equity in them, you can use this equity (up to 80% of the properties value) to purchase additional properties. To do this we refinance your existing loan, and get cash out which will be the deposit for your next loan. It's important to use a broker that can get you the best deal for both the refinance and the new purchase. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

12.01.2022 Purchasing your first investment property 5-10% deposit + stamp duty for most lenders Don't forget about additional purchase costs... When purchasing an investment property, you will need a minimum of a 5-10% deposit in most cases. The deposit amount can vary between banks, so your broker can help with finding which bank is the best fit for you. There are other purchasing costs involved with a property, lenders charge ‘lenders mortgage insurance’ when you have less than a 20% deposit. There is also stamp duty, and legal fees. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au

01.01.2022 For first home buyers, why are living expenses so important? Know your cash flow Plan in advance!... For first home buyers, it is especially important to get your broker to work out exactly how much your mortgage repayments will be on any particular property so you can make a budget and ensure that you can afford to pay the mortgage. Banks currently have a strong focus on borrower's living expenses. To ensure you have a greater chance of getting a loan it is important to do your best to reduce your living expenses and cut out unnecessary expenses. Contact us for all finance needs: 1300 108 119 [email protected] www.equitifinancial.com.au