Imagine Home Loans in Koumala | Loan service

Imagine Home Loans

Locality: Koumala

Phone: +61 411 692 443

Address: Hatfields Rd 4738 Koumala, QLD, Australia

Website: www.imaginehomeloans.com.au/privacy-policy

Likes: 101

Add/Update information

Reviews

Tags

• Loan service
• Mortgage brokers
• Insurance broker

25.01.2022 The Reserve Bank of Australia has announced the outcome of its monthly board meeting. The official cash rate was left at a record-low 2.5 per cent for the 12th consecutive month, as most experts had forecast.

25.01.2022 "If You Think Nobody Cares About You - Try Missing a Mortgage Payment".

24.01.2022 I visit you in the comfort of your own home, during or after hours.

23.01.2022 We convince ourselves that life will be better after we get married, have a baby, then another. Then we are frustrated that the kids arent old enough, and we...ll be more content when they are. After that, were frustrated that we have teenagers to deal with. We will certainly be happy when they are out of that stage. We tell ourselves that our life will be complete when our partner gets his or her act together when we get a nicer car, are able to go on a nice holiday, when we retire. The truth is, theres no better time to be happy than right now. If not now, when? Your life will always be filled with challenges. Its best to admit this to yourself and decide to be happy anyway. A quote comes from Alfred D. Souza. He said, "For a long time it had seemed to me that life was about to begin - real life. But there was always some obstacle in the way, something to be gotten through first, some unfinished business, time still to be served, or a debt to be paid. Then life would begin. At last it dawned on me that these obstacles were my life." This perspective has helped me to see that there is no way to happiness. Happiness is the way. So, treasure every moment that you have and treasure it more because you shared it with someone special, special enough to spend your time...and remember that time waits for no one. So, stop waiting until you lose ten pounds, until you gain ten pounds, until you have kids, until your kids leave the house, until you start work, until you retire, until you get married, until you get divorced, until Friday night, until Sunday morning, until you get a new car or home, until your car or home is paid off, until spring, until summer, until winter, until your song comes on, until youve had a drink.... there is no better time than right now to be happy. Happiness is a journey, not a destination. Work like you dont need money, Love like youve never been hurt, And dance like no ones watching. Robert Westerburg

21.01.2022 We all need to listen to this!

21.01.2022 Worth every second

20.01.2022 Dealing with these common homebuyers niggles is best done before they turn into real problems. Good news is, well make it easy! Talk to Imagine Home Loans about loan protection today.

19.01.2022 Imagine owning your own home!

19.01.2022 I spend most days helping people get their Home loans approved so that they can own their own home. However today I was proud to be involved in sponsoring Cupcakes for a Cause at Chances Cafe, to try and help those that don't have somewhere to call home get back on their feet and have a home again. Chances Cafe do great work by not just employing those who are homeless but by also helping them get into housing.

19.01.2022 I SUPPORT MORTGAGE BROKERS - NOT THE BANKS I supplied the following opinion piece to the Australian newspaper today. ..................... Commissioner Kenneth Haynes recommendations in his final report into misconduct in the banking industry has immediately jeopardised the survival of more than 17,000 small businesses across Australia. Thats the number of mortgage brokers providing loans to mums and dads, who rely on upfront and trailing commissions paid by the lender to survive. Take those commissions away and make the borrower pay, and you will decimate the industry. Thats tens of thousands of jobs, millions of dollars in tax revenue and much less competition for the big banks. The recommendations have also jeopardised more than 100 small lenders in Australia lenders that have shifted into regional areas to partially fill the void left by the big banks moving out. Those small lenders, including regional banks and credit unions, rely on mortgage brokers to reach customers. The consequences of Haynes mortgage broker industry recommendations will be far-reaching for small businesses, consumers and our economy. And they wont be positive. There are several flaws in the Royal Commission report relating to the home lending market. Hayne shows little knowledge of how the mortgage market works. The first flaw is a lack of understanding about what a mortgage broker does to earn his or her upfront and trailing commissions. A mortgage broker helps a customer select a home loan based on their financial situation, needs and ability to repay the loan. They compare loans, help the customer negotiate a lower interest rate and use their knowledge and contacts within the industry to find the most suitable deal. Once the customer has decided on the best loan for them, mortgage brokers help customers fill out the loan form, liaises with solicitors before settlement and often do a full assessment of the credit-worthiness of the borrower. They are regularly responsible for chasing documents, such as pay slips, to verify eligibility. Then they submit it to the lender. Once the lender approves the loan, the mortgage broker assists with the loan documentation, liaises with the lender, solicitors and anyone else involved in the transaction to allow the customer to get the money. No-one else in the home lending sector provides a single coordination point for all this. Knowing what is going on in the market is very important if the customer wants the best deal. Which bank has the best deal for fixed-rate loans this week? What lender is looking for long term home loans? Who wants to lend to agri-businesses? Mortgage brokers know whats going on in the market. Consumers dont. I cant imagine someone walking into Commonwealth Bank and being refused a loan, only to hear the customer service representative suggest they go down the road to ANZ. If the government undermines the mortgage broker community, there will be far fewer loans provided. Almost 60 percent of us use a mortgage broker. Take that service away and fewer people will buy houses. The Reserve Bank has already said the economy is vulnerable to shocks in the property market. The second flaw from Hayne recommends borrowers, not lenders, pay the upfront fee. It means the borrower will pay the fee twice. At the moment, the mortgage brokers receive a commission paid by the lender and the customer gets the loan. Under Haynes recommendations, the borrower pays the fee and the bank gets to pocket what it used to pay the mortgage broker. Hayne didnt tell the banks to reduce interest rates to make up for the additional money theyve made on the home loan. So customers will pay twice once when they set up the loan and once when they pay the interest on the loan. The only way around this is to force the banks to refund the fee to the borrower, or to have them charge a lower interest rate, at least for the first year. Hayne wants to punish the mortgage brokers and reward the banks. The third flaw is that forcing the borrower to pay the upfront fee to mortgage brokers means families will take longer to buy a house. Already its very tough to save for the deposit, and have enough for stamp duty, administration fees, legal and other fees. Adding another cost up front will put home ownership out of peoples reach for longer, particularly first home buyers. The fourth flaw from Commissioner Haynes recommendations on mortgage brokers is critical. If you undermine the mortgage brokers viability, smaller lenders lose access to customers and will start closing. The only winner will be the big banks. Already the number of small lenders is shrinking. Excluding the big five banks ANZ, Commonwealth Bank, NAB, Westpac and Macquarie Bank there is half the number of lenders available to home loan customers than 12 years ago. Regional banks and credit unions havent got the money to open up branches in Sydney or Melbourne or regional Western Australia or far north Queensland. They dont need to because mortgage brokers do the job for them, helping them access thousands of customers. If mortgage brokers become unviable, so too do dozens of lenders. Market power shifts back to the big banks and interest rates will go up. Customers lose out. Just look across the ditch. No trail is available to mortgage brokers in New Zealand, but the upfront payment is almost twice as much as here. Its not because the mortgage brokers are greedy. Its because they need that much upfront commission to stay afloat. Hayne has these recommendations wrong. The Government and Labor are blindly walking into a huge trap by abolishing trailing commissions. Bill Shorten and Scott Morrison need to consult with the industry before making these sweeping changes or they risk enormous fallout. Senator for Queensland and leader of Pauline Hansons One Nation Party.

17.01.2022 Record low interest rates!

17.01.2022 GOVERNMENT GRANTS UPDATE! Here Peter & Alan explain the $25k, $15k & $5k Grants. Using grants as a deposit When you will receive the grant money Eligibi...lity criteria Conditions How you can NOW submit applications For more information contact Alan or Peter! Imagine Home Loans Alan Pederson 0411 692 443 [email protected] https://imaginehomeloans.com.au/ Blacks Real Estate Mackay Peter Francis 0409 095 703 [email protected] https://blacksrealestate.com.au/contact-us/

17.01.2022 I am proud to be sponsoring "Cupcakes for a Cause" purchase you're Cupcakes and Coffee to support "Cupcakes for a Cause" October 19. Money raised goes to support local homeless!

17.01.2022 Regrets? Weve all had had a few. But you wont regret protecting yourself with ALI loan protection. Speak to me today or visit here to learn more https://noregrets.aligroup.com.au/ #NoRegrets

15.01.2022 If your loan recently settled , or you referred someone to me that had their loan approved. Your nominated gifts are coming!!!! Enjoy!

15.01.2022 Are you worried what will happen to your home loan repayments if you become redundant? Give me a call to talk about your options!

14.01.2022 Something to think about!

13.01.2022 Attitude is everything, this bloke is an inspiration!

13.01.2022 With interest rates the lowest they have ever been, its time to talk about how you can take advantage of this opportunity and secure financial freedom earlier than anticipated. Whilst reducing rates and repayments is going to give you more money in your pocket, why not consider a different approach and request your lender to keep your repayment as it was prior to the latest rate drop... or even better still set it back to an even higher repayment. The interest charged on yo...ur loan is going to stay low so anything you set above that is going to come off the principal and could cut your loan term down by years. As an example, on a $300,000 Mortgage at 3.7%, your repayments would indicatively be $1380.85. With rates moving by .15% on average your new repayment would be $1355.52. If you continue to make a repayment of $1380.85 on the lower rate, you would save 11 months off your loan and approx. $6,860 in interest over the term of the loan. Imagine if you set your repayments even a little higher (as lets face it rates have been higher and you managed fine). As an example using the above scenario, if you changed your repayment to $1500 a month (approx. $33 a week more than the new min), you would save 4 years and 8 months and over $33,000 in interest! If you want to know how to make this happen with your lender, give me a call. Alan 0411692443

12.01.2022 Would you rely on your Super if something happened to you!!

09.01.2022 Do you have a better chance of approval through a bank or mortgage broker? Watch this video to find out who is the best pick! Want to k...now more? Alan and Peter are happy to take your call! Imagine Home Loans Alan Pedersen 0411 692 443 [email protected] https://imaginehomeloans.com.au/ Blacks Real Estate Mackay Peter Francis 0409 095 703 [email protected] https://blacksrealestate.com.au/contact-us/

09.01.2022 The Reserve Bank drops the official cash rate to a record low of .75%

09.01.2022 Take funds out of loan before applying for Hardship.

09.01.2022 Mortgage Offset accounts explained. If you would like to pay off your home loan sooner, you might want to consider a mortgage offset account. Its an account that is offset against your home loan. This means you pay less interest on your home loan. Over time these savings can really add up and also reduce the time it takes to pay off your loan.... For example, if you have a home loan balance of $100,000 and have $10,000 in your offset account your interest is calculated on a home loan balance of $90,000. Because home loan interest is calculated daily, if your offset account offers you 100% offset, every single cent in your offset account can reduce your home loan interest, every single day. Give me a call if you would like to know about more ways to pay off your home sooner.

08.01.2022 Was time to update the old billboard on the Bruce Highway. Apart from it looking a bit dull, the hair colour needed updating!. Also put up a new one on Hay Point Rd.

06.01.2022 If your Bank is raising there interest rates. I have 30 others to choose from . Give me a call for a free no obligation Home Loan health check. Vote with your feet!

06.01.2022 ALAN GIVES FIRST HOME BUYERS SOME HOT TIPS As a first home buyer, did you know you can save $13,000 in Mortgage Insurance by applying for the First Home Bu...yer Loan Deposit Scheme? Contact Blacks Real Estate today to check if youre eligible! Thanks, Alan! [email protected] (07) 4963 2500

06.01.2022 So the Banking Royal Commission has recommended as part of its findings to ban Banks paying commission to Brokers when helping customers with their loans. They are recommending that the customer pay a fee for the service! One option is for the customer to add the fee on to their loan! This enquiry was supposed to be about better customer outcomes! Brokers will be forced out of the industry which means less options for customers and more profit for banks as they are no longer paying the broker. Not exactly better customer outcomes.

05.01.2022 Myself and other Mackay Mortgage Brokers were invited to share our concerns about the Royal Commission today, with the Federal member for Dawson, George Christensen. I am happy to say that George is not in favor of a system where customers end up paying more fees and charges when applying for a home loan.

05.01.2022 Imagine That! There is still spots available for the Government First Home Loan Deposit scheme.

05.01.2022 There's still time to take advantage of $25, 000 and $15, 000 Builder Grants! Peter and Alan break down the details on grants, extensions, applications and time... frames! If you have any questions or require further information contact Alan Pedersen or Peter Francis. Imagine Home Loans Alan Pedersen 0411 692 443 [email protected] https://imaginehomeloans.com.au/ Blacks Real Estate Mackay Peter Francis 0409 095 703 [email protected] https://blacksrealestate.com.au/contact-us/

04.01.2022 , ' ? That's right! Sounds too good to be true, but believe us it is Mortgage brokers are paid by the h...ome loan lender, not by the consumer getting the home loan. Which means, you can work with someone who has access to multiple lenders and banks, to find you the best deals, rates and options suited to you. A broker can guide you through all your mortgage options and help you compare rates, fees and features. You are provided with professional advice throughout the whole process and have more of a chance of getting the best deal on your loan! If you have any questions or require further information contact Alan Pedersen or Peter Francis. Imagine Home Loans Alan Pedersen 0411 692 443 [email protected] https://imaginehomeloans.com.au/ Blacks Real Estate Mackay Peter Francis 0409 095 703 [email protected] https://blacksrealestate.com.au/contact-us/

03.01.2022 I was asked by Peter Francis from Blacks Realestate to come in and bust a few myths about home loans. Below is the first of a few myths!

03.01.2022 For those that recently had a loan settle or referred business to me. Your nominated gifts are coming. I will catch up with you soon.

02.01.2022 Imagine owning your own home?

01.01.2022 You might not be able to protect yourself from bad taste. But you can take steps to protect you and your family from some of lifes unexpected events. Speak to me today or visit here to learn more https://noregrets.aligroup.com.au/ #NoRegrets

01.01.2022 Home loan repayments due to Corona!