JBL Home Loans in Greystanes, New South Wales | Loan service

JBL Home Loans

Locality: Greystanes, New South Wales

Address: 49 Dawn St 2145 Greystanes, NSW, Australia

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

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• Financial service
• Loan service
• Mortgage brokers

23.01.2022 First home buyers with a 5% deposit - there are still spots available under the first home buyer deposit scheme. If you're buying a property up to the value of $700,000 in Sydney metro and some larger regionals, and you have had a 5% deposit in your bank account for at least 3 months, get in touch to see if you qualify. All spots via the big banks have been exhausted but there are other lenders on my panel that are still keen to fill their places. If you're keen to get on board, I'll file a pre-approval for you and once you've been confirmed of having a spot for the mortgage insurance exemption, you have 3 months to find your first home.

22.01.2022 Thanks to everyone who submitted their guesses. The winners are Lisa Sly and Troy Morgan. Wishing you all a Happy Easter

20.01.2022 For those of you still in a position to buy a home, this time may be an opportunity to negotiate a lower price with less competition in the market. The experts are saying that the market is likely to bounce back once this season is over due to record low interest rates and a lot of people actively looking pre-Covid who will commence their search again once they are back to full employment

18.01.2022 This has been my happy place through Covid. A chance to spend a few hours in the fresh air, time to ponder my thoughts and get some exercise and have adult conversations with my playing partner of the day. What's your new thing during Covid and will it continue to be a part of your days when life gets back to normal?

18.01.2022 While you're working from home it's a good opportunity to look at your home loan and if you can reduce your monthly loan repayments. Interest rates are now well under 3% with some banks. It's business as usual here although my meeting place is now at the park across the road or at your favourite cafe for the time being. Or for those who want to meet remotely, we can work via email and phone.

17.01.2022 I'm a finalist! Thank you all so much for your votes. The Awards night is in October, all going well with Covid restrictions easing by then.

16.01.2022 Today I've been receiving a lot of calls and emails about applying for hardship. Before you go down this path, consider the following: 1. Are you making the minimum monthly repayment on your home loan? Many lenders don't reduce your minimum monthly repayment when they reduce interest rates. So you may currently be paying more than you need to. I'm happy to check this for you. 2. Do you have any money in redraw? To ease the current burden, you may wish to withdraw your redraw ...funds and use this money to make your monthly repayments. 3. Are you still working and in a position to refinance your home loan? One of my lenders is currently offering 2.19% fixed for 2 years, principle and interest for the home you are living in. While you can't make additional repayments over that time, your current repayments will likely be significantly cheaper than what you are paying at present. Stay safe everyone, and make use of social media and your phone to keep in contact with your friends and family when we'd love hugs right now.

15.01.2022 The new office is coming soon. Due to open by the end of the month. Til then I'm available for zoom or phone meetings.

14.01.2022 The office door was installed today! Not long before the new office is open. As I've barely started packing for our weekend move, I will have limited availability tomorrow. Happy open house shopping if you're out and about this weekend. Stock levels are improving but most of the good stuff is selling very quickly.

13.01.2022 Hardship for Home Loans - you may have seen the news where lenders are offering 3-6 months' grace on making your home loan repayments. In the majority of cases, you need to show the bank that you have lost your job. There is also a lot of paperwork required to process your request. It's not as easy as the media are making it out to be. Two very important points on this - 1. They are not waiving your requirement to make the loan repayments - once you start repaying your loan ...again, your loan repayments will likely be higher to cover the months that were missed. 2. You may have a loan arrears listed on your credit report, regardless of whether the bank does approve your repayment holiday. This will impact your ability to borrow money in the future or refinance to another lender. If you are applying for hardship, it is imperative that you ask your lender about this. If you are still employed, but are concerned about making your loan repayments for your home, personal and car loans due to the reduction in your overtime or potential bonuses/commissions, talk to your lender or a broker before you do miss a repayment. It may be possible to move your home loan to a different lender to reduce your home loan repayments, and consolidate your personal loans to reduce your monthly liability on these. I'm available for a confidential chat. It may be just to vent to someone who understands finances or just being someone external to your family who will listen without judgement. If you're needing assistance to reduce your monthly repayments on your loans and not sure if it is possible, I'm offering my time free of charge to work through your finances with you. There's no greater satisfaction in my job to know I've helped someone improve their quality of life. Australians are made to feel that money is a taboo topic, but please pick up the phone or email me before it becomes all-consuming for you.

12.01.2022 As I leave the harbour on a cruise ship I advise that the office will be closed until the 16th January. I will be contactable via Facebook and email [email protected] during this time for any urgent matters. I note that I will have no phone or voicemail access during this time. Here's hoping there's a lot more rain in those clouds!

11.01.2022 Are you wanting to move house but don't want to put your home on the market until you've found a place to move to? But how do you pay a deposit for the new place? It is possible to obtain a deposit bond based on the equity in your current home. The deposit bond will act as a cash deposit until the day you get the keys to your new home. A deposit bond can issue in as little as 2 hours if you find the home of your dreams and need to act quickly. Ask me for more details on how to apply and the cost of the bond if this is relevant to you.

11.01.2022 The government announced a 25K home building bonus today. My blog post listing the major points is in the comments below.

08.01.2022 New stamp duty exemptions and reductions in NSW take effect as of 1 August for First Home Buyers purchasing new properties. Take a look at my blog for more information. If you have any questions feel free to give me a call or message me.

07.01.2022 If your employment hasn't changed since Covid and you want to save money on your mortgage, consider refinancing to a fixed interest rate loan, which are currently at record lows. To compare your current monthly repayments vs what you may pay with a fixed rate, use the calculator below to work out a fixed rate monthly repayment. Fixed rates for owner occupied principle and interest start at 2.09% Fixed rates for investment principle and interest start at 2.49% or interest only... at 2.69% To give you an idea on the difference in loan repayments, if you have a $400,000 home loan, principle and interest, at a 30 year term, currently paying a 3.5% interest rate, vs a 2.09% interest rate: You would be currently paying $1,796 per month. For the 2.09% fixed rate, you would pay $1,496 per month, saving you $300 per month. If you're unsure of doing the calculations yourself, I'm happy to look at your individual position and provide you with the repayment difference figure. I'm currently working from home, but I'm still open for business, so please call or message me if you'd like to find out more. http://www.visionabacus.net//Loan_Repayment_Calc/BlueGreen

05.01.2022 To everyone who is living in uncertainty, you are very much in my thoughts. I hope you are keeping in touch with those close to you to ease the burden a little. The banks are slowly coming through with information, and from what I can see so far, there won't be a default listed on your credit file if you do require a break from making your home loan repayments. If you can't pay, don't just stop paying. Please call your bank to let them know and they will run you through their... forms and what is required to be registered on their system. I'm still working, and have been working longer hours to chat with my clients and others who are unsure of their options. Some of the banks have lowered their interest rates even further in the past few days so if you are still working, it's an opportunity to start a savings account with the money you'd save from lower home loan repayments.

05.01.2022 It's voting time again. Please vote for me in the local business awards. Thanks so much! https://thebusinessawards.com.au/busin/42602/JBL-Home-Loans

04.01.2022 We're having a Guessing Competition! Open to anyone within 5min drive of Greystanes. Place your guesses in the comments for each jar. Entries close 8am Saturday. Happy Easter!

02.01.2022 Happy New Year! The First Home Loan Deposit Scheme is now up and running. If you or someone you know is interested in buying their first home, take a read of my article for the details. It permits 10,000 first home buyers to purchase their first home using only a 5% deposit and not incur lenders mortgage insurance fees. https://www.jblhomeloans.com.au//First-Home-Loan-Deposit-S

02.01.2022 Are you thinking of refinancing? News out today that a lender is offering a $4,000 cashback for loan amounts over $250,000 and you have at least 20% equity in your home (eg house value 500K, loan amount no more than 400K). Rates are around 2.19% for 2 year fixed and 3.14% for variable in a professional package. Call or message me if you are interested. Enjoy the sunshine!