Francis Rose Finance | Loan service

Francis Rose Finance

Phone: 1300 431 454

Address: Suite 1.04, 5 Celebration Drive 2153

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

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09.01.2022 Get the job done better by adding some negotiation tools to your tool belt. - Found a property that makes your heart skip a beat? A property that ticks all the boxes? A property you just have to have? -... Chances are...someone else found it too! - Game on. - First step: get market ready. Get yourself sorted with a pre-approval through Francis Rose Finance. You should do this before you start looking! Second step: get informed. A confident negotiation will come from a well-informed perspective. Understand the true value of the property by researching comparable sales (ask your broker (us) for a property report). Understand the seller’s motivation to sell. The seller make have personal preferences on what type of buyer they want, for example not wanting to sell for a knock-down-rebuild buyer. Build a strong relationship with the real estate agent to gauge a realistic selling price. Third step: get serious. Ideally, you want to try to secure the property before it goes to auction. Make a motivated and serious offer (the agent will need to communicate the offer to the vendor). But first, have a conveyancer or solicitor look over the conditions of sale and have a pest & building inspection completed. Use your findings to create a picture on what you think the property is really worth. If the seller refuses your initial offer, gradually increase your offer to avoid maxing out too soon or paying more than necessary. Make an offer your comfortable with and set an expiry for it the night prior to auction to try and get the deal made before the competition heats up. Fourth step: get bidding. If the property goes to auction, make sure you have attended some other auctions prior to so you know what to expect on the day. Know your limit, stick to it and bid with your head not your heart. If you don’t trust yourself, have someone else bid on your behalf who will not exceed your comfort zone. - Never let a win get to your head, or a loss to your heart. #propertyhunter #finance #mortgage #auction #inspection #openhome #homeloan #property #purchase #preapproval #bidders #bidding #propertymarket #home #investment #realestate #realestateagent

03.01.2022 Let’s talk cash rate. - Starting at the basics. The official cash rate is a metric set by the Reserve Bank of Australia (RBA). The cash rate in very basic terms is the interest that every bank has to pay on the money it borrows. -... So how does the RBA cash rate affect borrowers? The lower the interest rate is for the banks to pay on moneys borrowed, the lower the interest rate the banks can pass onto the consumers. Banks don’t necessarily have to change their rates, but it does create a more competitive landscape amongst lenders. They will be forced to compete, pushing lenders to create better rates and products (e.g. cash back offers) to appeal to new borrowers and to retain existing customers. - Why would the RBA drop the cash rate? Simply put, to drive the economy. To spur borrowing and spending amongst consumers, banks and businesses. To keep inflation in check and ensure the Australian dollar doesn’t get too strong or weak. - Of course, with anything, there is a lot more than meets the eye. Your individual circumstances will play a big role in how much interest you will pay; based on your risk assessment. - What’s next? Stay tuned. #rba #rbacashrate #cashrate #reservebankofaustralia #interestrates #borrowers #businesses #consumers #francisrosefinance #homeloans #mortgage #mortgagebroker #realestate #property #investment #firsthomebuyer #sydney #norwest #thehillsdistrict #banks #lenders #economy See more

01.01.2022 Movember. Here we come. - Matt & Brendan are doing their bit this November to raise money for Men’s Health including mental health and suicide prevention, testicular cancer and prostate cancer. -... Not only are these two pretty boys growing whatever facial hair they can sprout up to create a moustache. They have also committed to completing 60km each of running. (You can include walking, but these boys are real men, they assured us.) - So what do we ask of you in return? Support all the wonderful men in your life by donating to team Fr. Men. - We have an individual goal for each of the boys of $500. So dig deep so our dads, brothers, uncles, sons, grandfathers, mates, colleagues and husbands can live their best lives...longer. - You want to join the cause? That’s the spirit, boys! DM us if you’re keen to get involved and represent team Fr. Men with a moustache or 60km run commitment. Donate here: https://movember.com/t/francis-rose-finance?mc=1 #movember #teamfrmen #francisrosefinance #menshealth #mentalhealth #suicideprevention #testicularcancer #prostatecancer #fundraising #charity #australia #nsw #sydney #health #fitness #men #son #father #dad #brother #uncle #grandad #pop #mate #husband #colleague #workplace #support #man See more

01.01.2022 When purchasing a property, should you lock in a fixed rate or go for a variable rate? - What a question! A question that doesn’t carry a simple answer. Reason being, how you structure your loan, is very dependent on your unique circumstances. -... We can help you structure your loan. So in the interest of adding value, let’s rephrase the question - what are the pros and cons to fixing vs running with a variable rate? - Variable rate home loans: are rates that can increase or decrease over time at the discretion of your lender. So, if rates plummet after you purchase your home, your variable rate will take care of you (without having to refinance). However, if rates increase, guess what, so will yours. Variable rates are ideal for consumers who require flexibility, e.g. making extra repayments to pay off your loan quicker and reduce the overall interest paid. Or if you are wanting to take advantage of an offset account to park some $$$ and reduce interest payable over your loan term. - Fixed rate home loans: are rates that are locked in for a set % for a set period of time (normally 1-5 years). The rate will stay the same regardless of market factors. Generally, fixed rates are ideal for consumers wanting security in their rate. Fixed rates are great for securing low & predictable repayments. However, if rates drop, exactly how they have right now, your fixed rate won’t change. In order to access the lower rates, you would need to break your fixed rate or refinance - which generally comes up with break costs. Fixed rate loans can also cap off your ability to make extra repayments. - Good news for you - we can guide you through the best structure for your loan, which may be variable or fixed or even a combination of both. We are only one call away for any advice you may need. #variablerate #fixedrate #loanstructure #homeloan #loanrepayments #repayments #mortgage #homeowner #broker #finance #variablehomeloan #fixedrateloan #nsw #norwest #lenders #banks #economy #rba #realestate #investment #investors #financeadvice #loan #francisrosefinance See more

01.01.2022 Happy Hump Day! - Thank you to Kate for your very kind review! It was an absolute pleasure helping you #refinance. -... #facebook client #customer #testimonial #review #googlebusiness #google #francisrosefinance #happyclient #property #realestate #loans #mortgage #homeloan #settled #monday #gratitude #broker #financebroker #mortgagebroker #bellavista #norwest #localbusiness #sydney #nsw #house #single See more