Impact Home Loans in Balwyn North, Victoria, Australia | Mortgage brokers

Impact Home Loans

Locality: Balwyn North, Victoria, Australia

Phone: +61 407 104 014

Address: 285 Whitehorse Road 3102 Balwyn North, VIC, Australia

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

Likes: 140

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• Financial service
• Loan service
• Mortgage brokers

25.01.2022 Never been a better time to review your current interest rate on your mortgage......

25.01.2022 So delighted to be able to share the final version of our Don't Kill Competition campaign TV commercial with you. My sincere thanks to our external partners, GR...ACosway, Porter Novelli, and Redhanded for their ongoing advice and assistance in producing this. Also a big thanks to our funding partners included at the end of the clip. Visit www.brokerbehindyou.com.au to get involved. Please share widely!! #yourbrokerbehindyou #dontkillcompetition

24.01.2022 Tom Elliott our number 1 fan...........

23.01.2022 Bit of common sense really!!

23.01.2022 Let’s see what happens today if the RBA cuts the cash rate........

22.01.2022 Labor and Liberals both have very different views of the tax world!!!

22.01.2022 Another RBA rate cut, let’s see what the banks pass on........

22.01.2022 Great incentive for first home buyers

22.01.2022 The banks might soon be back in business, time to touch base with your local mortgage broker......

21.01.2022 RBA left interest rates on hold this month, but most banks have been cutting their fixed rates over the last few weeks , suggesting there may be a rate cut in the near future. Call for more information. Andrew Peake 0407 104 014

21.01.2022 Race to the bottom, interest rates now starting with a ‘2’..........call or email to discuss

20.01.2022 Compare the pair.

20.01.2022 Another good read.....

20.01.2022 We head to the polls tomorrow and will face a decision that will impact the mortgage industry and everyday Aussies who are trying to secure money. Right now it'...s tough to get finance and brokers are working harder than ever before. How will your decision impact the future of lending in Australia? Will it become easier or harder? If you're unsure what each party stands for, then see the images below as we've taken some of the guesswork out. Below are the major policies that ALP and the Coalition have pledged for the property market, banking and financial services, small business and the broking industry. Hope it helps. #brokersworkforyou #loanmarket #keepcompetitionalive

19.01.2022 To all my clients and friends whom I have worked for and together with over my last 18 years as a mortgage broker You've probably heard or read the news since yesterday about the Recommendation into the Royal Commission on the Misconduct by the Banks. One of the recommendations by the Royal Commission is to remove the commission paid by the lender to mortgage brokers for helping the clients getting a loan. Instead the recommendation is for you, the clients, to pay for the ser...vice. The whole mortgage broking industry are not convinced that these changes will result in a better outcome for you, the CLIENTS, instead of for the banks. If you feel that you have benefited from services by any mortgage brokers in the past, can I implore you to sign the petition to save the mortgage broking industry so that we can continue to work for your benefit? #ClientBestInterest

19.01.2022 More food for thought......

19.01.2022 Good job by the real estate industry....

19.01.2022 Alan Jones on Labor's campaign: How much more do these people not know? It is the Labor disease. Bill Shorten can't answer the tough questions. MORE:https://bit.ly/2V5UtfV #jonesandco

18.01.2022 Clear and logical perspective , that’s all mortgage brokers ask for, listen to Stu a Real Estate industry professional......

18.01.2022 All very complex, speak to a mortgage broker.....

18.01.2022 Good response from NAB.........NAB will waive late payment fees and reduce minimum monthly payments on all credit cards for at least the next three months as part of new measures supporting customers dealing with the impact of coronavirus. Other new support measures for customers include a 100bp cut to NAB’s lowest rate credit card. NAB will also reduce the minimum repayments on personal loans to $100 a month for up-to 6 months. The rate cut and fee waiver will be automatically applied to existing and new accounts from the effective dates listed further below, and do not require customers to contact NAB to activate. For customers seeking a reduction in the minimum monthly payment on their personal loans, on an opt-in basis from April 17, via nab.com.au/coronavirus.

18.01.2022 Always good to have a discussion first, happy to chat......

17.01.2022 Always money to be saved by refinancing to a cheaper home loan, but an extra $2000 is cream on the top........ Call me for more details. Andrew Peake 0407 104 014

17.01.2022 Despite tough conditions, tightening lending and unfounded criticism of our industry Australians have once again voted with their feet opting to use brokers because #brokersworkforyou. #findafairerdeal #loanmarket #marketshare

17.01.2022 BREAKING NEWS: Australia's cash rate hits a new record low as @RBAInfo cuts the cash rate to 0.50 per cent Find out more on The Adviser: http://ow.ly/jHmP50yB7CU

16.01.2022 More intelligent communication, the message is slowly getting out there about the important and valuable role mortgage brokers play.......

16.01.2022 Interesting read given the upcoming election.

15.01.2022 The media seem to get the it.........

15.01.2022 This is so true!!!!.....................

13.01.2022 Cheap money available.......

13.01.2022 Need finance before end of June for business assets, start getting organised now........

13.01.2022 Finally a rate cut, let’s see what banks pass on and how quickly they make it effective, if you need to discus, call for a chat........Andrew Peake

13.01.2022 Finally someone in the media actually understands the mortgage broker industry, thanks Tom Elliott

12.01.2022 What could you save by refinancing? Doesn’t cost anything to let me do some research for you. Andrew Peake Impact Home Loans. 0407 104 014

12.01.2022 Good to know.....

12.01.2022 Would be really funny if it wasn’t so true.....

12.01.2022 Here is a GREAT live link to all the stimulus packages available by federal, state and local government agencies, as well as the banks. PROJECTING YOUR REVENUE... AND CASH INFLOW is a king. Get it done TODAY. And talk you your trusted advisor for everything else. https://www.notion.so/Business-and-Government-concessions-C

12.01.2022 A senior official at the OECD is the latest to denounce commissioner Hayne’s recommendation to abolish lender-paid commissions to brokers, arguing that it would be counterintuitive to competition. http://ow.ly/eHF930op43w

11.01.2022 Common sense view from a politician........

11.01.2022 Just think about it Bill....

10.01.2022 Lets see what the banks pass on........

10.01.2022 Nice free kick to the banks being considered........

10.01.2022 It is tough out there.......

10.01.2022 So so true this article, talk to your favourite mortgage broker before considering a home loan application....

09.01.2022 Don’t forget the last labour govt.....

09.01.2022 Sometimes it’s good to have some numbers and facts to explain how things might work out...... CEO Mr Comyn from CBA in the RC said they could reduce costs by $197mil over 5 years - lets call it $40mil a year - if brokers are no longer paid commission and this ‘could’ be passed on to customers. CBA have $444Billion in home loans. ... So let the fun begin: 1. In percentage terms this savings is equivalent to just under 0.01% (nope this is NOT a typo) of their total loan book! 2. They ‘could’ pass this 0.01% savings onto customers 3. If you have a $300,000 Loan with CBA you ‘could’ save $30 per year (or $2.50 per month) 4. The average loan term these days is between 4 & 5 years (let’s call it 5 years to be fair) This ‘could’ provide CBA clients with a saving of (drum role) - wait for it: $150 And all you have to do to obtain these huge savings is adopt the overseas fee for service model and when you get your loan pay either a Broker or the Bank between (wait for it): $3,000 to $5,000 Totally worth the savings!

09.01.2022 Gotta love former Productivity Commissioner & Economist Judith Sloan’s take on this RC, especially this part below. Notwithstanding the fact that a very small fraction of submissions dealt with mortgage broking and that the public hearings did not deal with the issue in a comprehensive way, a series of radical recommendations was proposed that would overturn the remuneration practices of the industry. The point here is that lawyers make lousy economists. The fact that mortga...ge providers pay the commission may not be nearly as important as lawyers think. The concept of incidence an economic term tells us that the technical point at which a charge (or tax) occurs is not necessarily where the real burden of the charge falls. Moreover, costs and benefits must be weighed up. If the rising prevalence of mortgage broking has enabled smaller mortgage providers to access the home loan market without investing in expensive distribution channels, thereby inserting additional competition into the market, there is a strong case for leaving well enough alone. This should be subject to the customer being made aware of the commission arrangements. But when it came to other issues the vertical integration model of firms providing banking and wealth management services and the inherent conflicts of interest in retail superannuation the royal commission had little to say other than to argue for the status quo Viewed as a whole, the recommendations of the banking royal commission are a dog’s breakfast.

09.01.2022 Another commentator who understands and values the mortgage broking industry....

08.01.2022 More gold about the quality of the mortgage broking model.......

08.01.2022 Another interesting read......

07.01.2022 It’s time to speak up and support continued competition in the mortgage industry, please click on attached link and let the govt. know that mortgage brokers are doing a great job for consumers and are keeping all the banks honest. Please click on this link. Cheers

07.01.2022 Good to see an educated opinion......

06.01.2022 Tricky times in the lending world.......

06.01.2022 Always a reason to review your current home loan and see if there is something better out there...... Andrew Peake

06.01.2022 Some people make good sense.....

06.01.2022 These are very difficult and challenging times now and up ahead, if any one needs to discuss their financial situation, please call or email me. Also listed below are contact details for financial assistance and hardship support at many lenders on my panel........... Adelaide Bank https://www.adelaidebank.com.au//financial-difficulty-ass/ 1300 650 259 AFM now Lendi https://www.lendi.com.au/guides/home-loan-repayment/ 1300 323 181 AMP https://www.amp.com.au/home-loans/finan...cial-hardship 13 30 30 ANZ https://www.anz.com.au/a/sustainability/financial-hardship/ 1800 252 845 Bankwest https://www.bankwest.com.au//guides/financial-hardship-ass 1300 769 173 CBA https://www.commbank.com.au/suppo/financial-difficulty.html 13 3095 Choicelend https://www.choicelend.com.au/contact 1300 144 554 Citi Bank https://www1.citibank.com.au/help-and-su/financial-hardship 1800 722 879 Firstmac https://www.firstmac.com.au/products/faqs 1800 651 898 Homeloans - Resimac https://www.resimac.com.au/hardship-resimac-funded-loans 1300 793 741 Homloans - Pepper https://www.resimac.com.au/hardship-wholesale-partner-funde ING Direct https://www.ing.com.au//tips-hints/financial-hardship.html 1300 349 166 Liberty https://www.liberty.com.au/about-us/covid-19-update 13 11 33 Macquarie https://www.macquarie.com//disclos/financial-hardship.html 1300 363 330 ME Bank https://www.mebank.com.au/support/financial-hardship/ 13 15 63 NAB https://www.nab.com.au//help-and-guidan/financial-hardship 1800 701 599 Pepper Money https://www.pepper.com.au//c/financial-hardship-assistance 1800 356 383 Resimac https://www.resimac.com.au/financial-hardship-assistance 1300 793 741 Suncorp https://www.suncorp.com.au//help/financial-difficulty.html 1800 225 223 Westpac https://www.westpac.com.au///customers-financial-hardship/ 1800 067 497 See more

05.01.2022 How would you like an extra $2000 cash on top of the extra hundreds or thousands of $$$ you might save by refinancing. Call Andrew Peake for further information. 0407 104 014

05.01.2022 Some insights into the process of getting a home loan and the current things that can trick you up, always speak to a mortgage broker before you start .

03.01.2022 Thank you Scott Morrison for speaking to the "quiet Australians" not dividing Australians, being a genuine and real leader who respected voters and the way they live, and who fought for them to have their hard earned wages in their pockets, and not through a high taxing agenda!

03.01.2022 The true worth of mortgage brokers, consumers need advice.......

02.01.2022 The media are listening to us. Feel free to share the following Here is a clear, well written, balanced piece on what has occurred with the Royal Commission and how it affects you, the consumer. It is written by the fabulous Chris Ilsley from 6PR. Like it or not, banks are essential to the economy which cannot function without them. Regardless of which side of politics ultimately called it, the Royal Commission could only tidy the act rather than change the game....Continue reading

01.01.2022 Give some thought to the implications of these Labour policies proposed before you vote......

01.01.2022 Impact Home Loans still open for business, no closure here.......

01.01.2022 Sanity prevails......