Heffernan Lending Solutions in Candelo, New South Wales, Australia | Mortgage brokers

Heffernan Lending Solutions

Locality: Candelo, New South Wales, Australia

Phone: +61 2 6493 2555

Address: 1637 Myrtle Mountain Rd 2550 Candelo, NSW, Australia

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

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25.01.2022 Property investing faqs # 2 Yes. Most investors get started by using the equity in their home as the deposit on their investment property. Some investors are told to put up their home as collateral to fund the deposit of the new property (known as cross-collateralizing), though we feel this is too risky. We prefer to minimize your risk by drawing out some equity and using it as a deposit for the new property so each asset is separately financed. This is where loan structuring and receiving appropriate advice is absolutely critical - so send us a message or call us to help walk you through how this could work for you.

25.01.2022 Property investing faqs # 9 Landlord’s insurance (or investment insurance) will cover your property against damage or theft caused by the tenant, events such as weather and fire, as well as outstanding rent should the tenant not be up to date. It will also cover you for any liability should a tradesperson be injured while working on your property. If you would like some options for landlord insurance, send us a message or give us a call.

25.01.2022 https://www.mfaa.com.au//september-quarterly-market-share-

24.01.2022 Property investing faqs # 5 There are a number of factors that will determine the amount you can borrow, including (but not limited to) your current income, the purchase price of the property, whether the goal is to generate maximum capital growth or to live in a later point and so on. These variables will influence the price, type, and location of the property and the ongoing 'holding costs', so it’s best to chat through your options.

23.01.2022 Great Pizza and great competition. thanks heaps Power FM and Mal’s Pizza Bites

22.01.2022 Property investing faqs # 8 Most lenders will let you choose your repayment cycle, although if possible, it is a good idea to think about aiming for fortnightly payments rather than monthly, as you will make more repayments over the year which will shorten the length of your loan.

22.01.2022 Accessing Online Statements # 1 Yes, your online bank statements are the same as the ones you receive in the mail. You can access your statements all in one place and print the ones that are needed to assist with the application process.

20.01.2022 Property investing faqs # 4 A self-managed super fund loan is when you withdraw money from your super fund to invest in a property. There are a few rules and restrictions around this, so it’s a good idea to consider getting financial, tax and legal advice before considering this type of loan. If you would like to explore if an SMSF loan will work for you, we can put you in touch with our SMSF specialist.

20.01.2022 Property investing faqs # 10 Typically, there are 3 main considerations when it comes to investing in property. 1. Capital Growth. Over the long term, the property has proven to grow in price at about 9% per annum.... 2. Risk. Compared with most other investment classes, the property is seen as lower risk and lenders are therefore prepared to lend a higher % against the value of the property 3. Leverage. This is where you can use equity from your home to fund the deposit on a property and borrow a substantial percentage from which you can still earn a valuable return. See more

20.01.2022 Accessing Online Statements # 3 All electronic communication will be sent to the email address we have on your personal file. Please ensure this is current so that you never miss out on any email notifications and keep us updated of any change in the email address.

19.01.2022 Property investing faqs # 1 The same types of loans and feature tend to be available for both investors and owner-occupiers. These days, some investors will opt for an interest-only loan while others go for a principal & interest (P&I). Almost always, owner-occupiers have a P&I loan so they can reduce the amount owing and own their home outright. Also, some lenders may charge slightly higher rates for investment properties, particularly if they there to be higher risks associated with the type of property and or location.

17.01.2022 No movement No Surprise! Stay Safe Everyone!

17.01.2022 Property investing faqs # 6 Just like investment properties, when it comes to investment loans, there are a number of advantages and disadvantages of different loan types - and the correct loan type (and loan structure) will be heavily influenced by what is important to you in terms of your investment goals, your income, current financial situation, and so forth. Our expertise is in helping each client identify a lending solution that is appropriate for them - so if you would like to find out more about know how to get started in investing, or to expand your existing portfolio, send us a message.

14.01.2022 The RBA has committed to holding the existing Cash Rate, staying at 0.25%: The global economy is experiencing a severe downturn as countries seek to contain the... coronavirus. Many people have lost their jobs and there has been a sharp rise in unemployment. Over the past month, infection rates have declined in many countries and there has been some easing of restrictions on activity. If this continues, a recovery in the global economy will get under way, supported by both the large fiscal packages and the significant easing in monetary policies. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision. https://www.rba.gov.au/media-releases/2020/mr-20-15.html #rba #cashrate

14.01.2022 ***RATES DROP .25%***

14.01.2022 The RBA continues to maintain the current Cash Rate, staying at 0.25%: The global economy is experiencing a severe contraction as countries seek to contain the... coronavirus. Even though the worst of this contraction has now passed, the outlook remains highly uncertain. The recovery is expected to be only gradual and its shape is dependent on containment of the virus. While infection rates have declined in some countries, they are still very high and rising in others. International trade remains weak, although there has been a strong recovery in industrial activity in China over recent months. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-18.html

13.01.2022 Accessing Online Statements # 2 Typically you will receive an email notifying when your next statement is available to view through Internet Banking. These notifications will typically NOT have a link to online bankings, and you should beware of emails that are pretending to come from a bank.

13.01.2022 Spent some time with James McCracken on his podcast for The Successful Adviser sharing some of my story and the growth of HLS around what makes this business have the reputation that is has. Thanks James https://thesuccessfuladviser.com/gerard-heffernan-highly-/

12.01.2022 Property investing faqs # 7 You will need a minimum of between 5 10% of the value of the property for your deposit, although this will vary between lenders and will be based on different criteria, such as the type of dwelling, location, etc. Some lenders may require a much higher deposit for some types of property and some lenders may not lend at all for particular property types and/or locations. That's where our expertise will help you understand which lenders you can qualify with and how much they are prepared to lend on a particular property.

08.01.2022 The RBA maintains the Cash Rate at 0.10%: Globally, the news has been mixed recently. On the one hand, infection rates have risen sharply in Europe and the Unit...ed States and the recoveries in these economies have lost momentum. On the other hand, there has been positive news on the vaccine front, which should support the recovery of the global economy. The recovery is also dependent on ongoing support from both fiscal and monetary policy. Hours worked in most countries remain noticeably below pre-pandemic levels and inflation is low and below central bank targets. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision:https://www.rba.gov.au/media-releases/2020/mr-20-32.html See more

08.01.2022 The RBA continues to maintain the existing Cash Rate, holding at 0.25%: The global economy has experienced a severe downturn as countries seek to contain the c...oronavirus. Many people have lost their jobs and there has been a sharp rise in unemployment. Leading indicators have generally picked up recently, suggesting the worst of the global economic contraction has now passed. Despite this, the outlook remains uncertain and the recovery is expected to be bumpy and will depend upon containment of the coronavirus. Over the past month, infection rates have declined in many countries, but they are still very high and rising in others. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-17.html

08.01.2022 The RBA makes no change to the current Cash Rate, holding at 0.25%: Globally, an uneven economic recovery is under way after a very severe contraction in the fi...rst half of 2020. The future path of that recovery is highly dependent on containment of the virus. High or rising infection rates have seen a recent loss of growth momentum in some economies. By contrast, in China, economic growth has been relatively strong. In financial markets, volatility is low and the prices of many assets have risen substantially despite the high level of uncertainty about the economic outlook. Bond yields remain at historically low levels. The US dollar has depreciated against most currencies over recent months. Given this and higher commodity prices, the Australian dollar has appreciated, to be around its highest level in nearly two years. Click the following link to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision: https://www.rba.gov.au/media-releases/2020/mr-20-20.html #rba #cashrate

07.01.2022 We are now closed for the Christmas New Year break and will reopen Monday 4 January! We wish you all a Merry Christmas and a happy New Year and look forward to what 2021 will bring us! Bernie, Gerard, Andrea, Cricel and Anne.

07.01.2022 Wow - RBA doesn't expect rates to move much in the next 3 years. If you're home loan interest rate doesn't start with a "2", you better get in touch!

04.01.2022 National Mortgage Brokers is thrilled to be recognised as 2020 Aggregator of the Year (up to 500 brokers) at the recent Australian Mortgage Awards. We’re genuin...ely excited with this recognition for our team who work hard to provide great support to our broker partners every day. A huge Thank You to our brokers for choosing #nMB as their aggregator. See more

03.01.2022 The RBA has decided to maintain the existing Cash Rate, holding at 0.25%: The global economy is experiencing a severe downturn as countries seek to contain the ...coronavirus. Many people have lost their jobs and a sharp rise in unemployment is occurring. At the same time, the containment measures have reduced infection rates in a number of countries. If this continues, a recovery in the global economy will start later this year, supported by both the large fiscal packages and the significant easing in monetary policies. Click below to read the full statement from Statement by Philip Lowe, Governor: Monetary Policy Decision. https://www.rba.gov.au/media-releases/2020/mr-20-13.html

02.01.2022 Property investing faqs # 3 Negative gearing is when the annual cost of owning your investment property (inclusive of interest repayments, body corporate fees, maintenance, etc) exceeds the rental income you receive from that property. This loss can be used to reduce your taxable income. If you would like us to give you some examples of how other clients have negatively geared their property and what this could look like for you, send us a message and we can run some specific numbers for you.