JT Home Loans in Chelsea Heights, Victoria, Australia | Mortgage brokers

JT Home Loans

Locality: Chelsea Heights, Victoria, Australia

Phone: +61 420 315 795

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25.01.2022 **House price growth rate hits 17-year high** Property data specialists CoreLogic has revealed that Australian home values rose by 2.1 per cent in February 2021, marking the largest monthly increase in 17 years. According to the group, the spike has been triggered by a combination of record-low mortgage rates, improving economic conditions, government incentives and low advertised supply levels.... The most populous cities of Sydney and Melbourne were among the strongest-performing markets, recording a 2.5 per cent and 2.1 per cent lift in home values over the month, respectively. https://www.mortgagebusiness.com.au//15435-house-price-gro

25.01.2022 **House price rise, household debt a risk to banks** Recent property price forecasts have pointed to double-digit increases in prices over the near term amid record-low interest rates and strong lending figures, with the Commonwealth Bank of Australia (CBA) predicting a 16 per cent rise in house prices over the next two years, and a 14 per cent rise in overall property prices. https://www.mortgagebusiness.com.au//15395-house-price-ris

25.01.2022 **Australian Mortgage Awards 2020 - Update** Shattered we had two categories of nomination this year and didnt manage to win them but we are proud to be nominated and thank all our great clients for making the nominations possible. We owe a lot to our supporters in helping grow our family business in a short space of time. #JThomeloans #wewillbeback #2021IsOurYear

25.01.2022 #financehumour #keepsmiling #buggeroffCOVID

25.01.2022 ***Investors*** P&I or I/O - the age old debate for investors. This artcile below explores the benefits of P&I loan structures. For what it is worth (remember every investors circumstances are different and solutions need to be fit for those needs) myself and many of those i speak to about their investment journey (people with between 6-12 properties) have majority or all of their loans principle & interest as the working theory is to have them owned and cash flow positive fo...r retirement needs (yes in our early 30's its not too soon to be retirement planning). Enjoy and reach out if you want to review your situation. https://www.mpamagazine.com.au//why-pi-repayments-can-be-a

24.01.2022 Worth a quick watch! Also worth noting out of the doom of a recession is when many people can make huge gains if they are in a position to take advantage of the chaos.

24.01.2022 ***Five habits for a wealth of financial health*** 1. Acknowledge debts 2. Set realistic goals 3. Establish your plan ... 4. Create an emergency fund 5. Work hard, hustle harder https://www.resimac.com.au//habits-wealth-financial-health

23.01.2022 "Do you wanna win a competition?" #googlereviews #facebookreviews #JThomeloans #likeandshare

23.01.2022 ** What does the removal of Responsible Lending Guidelines mean??** By now, many of you would have seen the announcement from the Australian Government on simplifying Australia's credit framework around Responsible Lending. We welcome the announcement of these proposed changes, which the government has positioned as moving away from a "one-size-fits-all" approach and ensuring customers and small businesses can get timely access to credit as our economy recovers from the COVID...-19 pandemic. The Government has outlined the following as the key elements of the proposed reform: Removing responsible lending obligations from the National Consumer Credit Protection Act 2009, with the exception of small amount credit contracts and consumer leases where heightened obligations will be introduced. Ensuring that authorised deposit-taking institutions (ADIs) will continue to comply with APRA's lending standards requiring sound credit assessment and approval criteria. Adopting key elements of APRA's ADI lending standards and applying them to non-ADIs. Protecting consumers from the predatory practices of debt management firms by requiring them to hold an Australian Credit Licence when they are paid to represent consumers in disputes with financial institutions. Allowing lenders to rely on the information provided by borrowers, replacing the current practice of 'lender beware' with a 'borrower responsibility' principle. Removing the ambiguity regarding the application of consumer lending laws to small business lending. More detail of the proposed reform is included in the Treasurer's statement here and accompanying Consumer Credit Reforms Fact Sheet. https://ministers.treasury.gov.au//Consumer-credit-reforms While we are still working through the details of the proposed changes, we are hopeful it will lead to a streamlining of loan application processes. https://ministers.treasury.gov.au//simplifying-access-cred

23.01.2022 ***Where should you invest during and post-pandemic?*** Short answer - PROPERTY!!! Keys to the right type of property??? ... There has to be active or planned infrastructure spending and notable population growth before even looking at the type of investment to consider. Only then, assessing what kind of properties holds maximum tenant and buyer appeal to truly make it the next high-growth location. https://www.nestegg.com.au//which-asset-class-will-be-the-

23.01.2022 **INVESTORS TAKE NOTE** This article makes my wallet smile having recently purchased a property 15kms north of Brisbane CBD during this pandemic. Whilst the motives were less about growth in capital value and more around offsetting tax bills - there is no investor on the planet who isnt wanting growth at some point. If true this article will see us realise that growth years ahead of when we expected and finally deliver that boom many have been chasing in QLD investment for th...e better part of the last two decades. Propertyology head of research Simon Pressley is expecting boom conditions not seen in this country since the turn of the century by Christmas but not in Melbourne or Sydney this time. Queensland can expect to finally be the beneficiary of strong property market performance, Mr Pressley said. We have to go way back to 2007 since anywhere in the state except Noosa produced a year or more of strong capital growth. Double-digit capital growth over the next 12 months is highly possible in most Queensland locations. If you want to know more about building your own strategy or how we did it and what our secrets are to good investment reach out to the contact info on our page or website at www.jthomeloans.com.au https://www.realestate.com.au//covid-property-boom-could/

22.01.2022 Get amongst this deal if you’re in need of a new ride! Cash back and a new family/work chariot with exceptional rates! Call the team at Speaking Finance today!

21.01.2022 **APRA may have to step in to cool housing** Home values spiked 2.1% in February the fastest pace in 17 years, according to a report by The Australian. In January, new mortgage commitments skyrocketed to a record $29 billion, 40% higher than the year prior. In his Tuesday statement, Lowe said that lending rates for most borrowers remained at record lows and housing prices across Australia have increased recently.... Lending standards remain sound and it is important that they remain so in an environment of rising housing prices and low interest rates, Lowe said. At its Tuesday meeting, the RBA held the cash rate and three-year rate targets steady at 0.1%. Lowe said that the board remains committed to maintaining highly supportive monetary conditions until its goals are achieved. He said that the RBA didn’t expect those conditions to be met until 2024 at the earliest. https://www.mpamagazine.com.au//apra-may-have-to-step-in-t

20.01.2022 "I have a checkered credit history - can i still buy property?" #askushow #likeandshare #JThomeloans

20.01.2022 **Investment Strategies - PART 2** Have you wondered "why, what and how" should you invest or what are others out there doing? Find this brief list of strategies you can adopt to further advance your property ambitions.... Thank you to Christopher Ash for ask us to provide more content he is keen to read. If you have any suggestiones post them below in the comments on things you would like to see. https://propertyupdate.com.au/property-investment-complete/

19.01.2022 **Mortgage levels continue record-breaking streak** New loan commitments reached another record high in January, with new owner-occupier loans breaking the $22-billion mark for the first time. The figures come in the Australian Bureau of Statistics’ (ABS) lending indicators data for January 2021, which shows that Australia continues to report record-breaking mortgage activity.... New loan commitments (seasonally adjusted) rose by 10.5 per cent in January 2021, to $28.8 billion. https://www.mortgagebusiness.com.au//15432-new-loan-commit

19.01.2022 **Competition Ending Midnight TONIGHT** For those who have already completed reviews for us thank you. For those who havent get them in today to go into the draw tomorrow to win $200 in cash or vouchers.... We are also still running small gift cards for anyone who invites 10 or more people to like our page and can send a screenshot of their friends accepting the invitation.

19.01.2022 "Comprehensive Credit Reporting" Good or bad? Josh will talk more about its impact on the industry in this short video. #JThomeloans #CCR #makeitworkforYOU

18.01.2022 **TREE CHANGE** You've heard the term and now meet real life legends taking the plunge to move to greener pastures. Brent and Steph you have been amazing to work with and its a priviledge to get to play a small role in assisting you both to get out of town and onto some acreage - the views look stunning and you both deserve to reap the benefits of this new life you are building as a young family.... We wish you many happy returns in your lovely new property! #JTHOMELOANS #teamworkmakesthedreamwork #treechange

18.01.2022 As we’ve been saying for sometime - it’s a great time to buy. Even the governor of the RBA says the same .....

18.01.2022 "Loyalty Tax" Is being loyal to your lender costing you thousands in interest per year?? #calltoday #JThomeloans #likeandshare

18.01.2022 **Pay down your mortgage NAB boss** Australians should take the opportunity to pay down their mortgages as much as possible while rates are low, according to the head of a major bank. We have to be very careful here in a hot market that those people who are borrowing money today can not only borrow it at today’s rates, but can borrow it at rates that will be higher in the future, National Australia Bank chief executive Ross McEwan said in an interview with The Australian.... Because as we know, rates go up and rates go down. Never be thinking that rates will stay at this level forever. https://www.mpamagazine.com.au//pay-down-your-mortgage--na

18.01.2022 Well done Kelsey - great acheivement buying your first home and we really appreciate the opportunity to work with you to secure it!! #FHBfeels #buyinghomes #JThomeloans #getamongstIT

17.01.2022 anyone looking for a job? Our friends at Speaking Finance are hiring now. Watch this space in 2021 for similar opportunities at JT Home Loans...

16.01.2022 "Interest Rates vs Comparison Rates" what do you need to know?

16.01.2022 Another Happy First Home Buyer. Proof of persistence and an ability to block out the poor attititude and behaviour of some involved in the transaction to get the right outcome for herself. No mean feat in negotiating her first property and for that we congratulate you Cassandra on entering the property market and we wish you many happy returns in this home.... #jthomeloans #FHBfeels #greatoutcome

16.01.2022 ***3 costly mistakes property investors make*** 1. Getting the depreciation category wrong 2. Assuming depreciation on older properties can’t be claimed 3. Overlooking deductions... If you need expert advice in these areas speak now to our friends at Highview Accounting & Financial - ask for Matt or Silvio. https://www.nestegg.com.au//3-costly-mistakes-property-inv

16.01.2022 Get in touch if you are paying too much.

15.01.2022 "Which loan is best?" #JThomeloans

15.01.2022 Big thank you and congratulations to Rachael on securing her new home. We hope you enjoy moving into this lovely home and thank you for the chance to assist. #newhomefeels #happydays #jthomeloans

14.01.2022 TAX RELIEF - HOW?? Employers must pay 9.5 per cent of an eligible worker's earnings into a super account. Under current laws, the minimum contribution will rise to 10 per cent on July 1 and 12 per cent by 2025. Extra payments from individuals are also encouraged with tax relief.... Concessional contributions are those made into a super fund before tax, including through salary sacrifice arrangements, and are taxed at a rate of 15 per cent in the super fund. The annual concessional contribution cap will increase from $25,000 to $27,500. https://thewest.com.au//tax-office-sets-new-relief-on-extr

14.01.2022 **What is my borrowing capacity??** Bite size video to run you through what you need to know.

14.01.2022 **THANK YOU** Really proud of this and thankful to all our great clientel who have taken the time to tell the world about our services!

13.01.2022 So happy for these legend first home buyers!! Love these moments it makes the process (whether good or bad) a worthwhile one! Congrats Phil Clinch, Aimee , Lucas and Mitchell on your new home and we know you’ll have many happy memories built there!... We are extremely grateful to share this with you #jthomeloans #fhbfeels #lovingit

13.01.2022 **What is open banking?** Australians are now able to share their savings, transaction and credit card data with accredited third parties to access more personalised banking products to suit their needs. Many of us are faced with financial challenges during these trying times. But the introduction of open banking from 1 July 2020 allows you to access solutions that could help see you through this hardship.... The purpose of open banking is to provide you with more control over your financial data including when and who the data is shared with. This first phase introduced on 1 July 2020 allows you to request any of the big four banks (ANZ, CBA, NAB and Westpac) that hold your financial data to share basic product information, such as credit and debit card, deposit and transaction account details, with other banks and authorised third party institutions/providers. From 1 November the big four banks will also be required to provide access to data regarding your mortgage and personal loans, investment loans, joint accounts, direct debits, scheduled payments and payees upon your request to other banks and authorised third parties. From 1 February 2021, banks other than the Big 4 need to provide access to product, account and transaction data for mortgage products with the requirement extended to personal loan and other accounts from 1 July 2021. Below you will find a link to a lender video on open banking and a further deep dive video of how and why it came in. https://youtu.be/NhTL91GTPuA https://youtu.be/BZtMwFV47Nc

12.01.2022 Welcome to spring and hopefully the 12th last day of home detention for those in Victoria. Keep smiling everyone and enjoy today’s funny! #jthomeloans #hereforyou #reachoutifyouneedhelp

12.01.2022 "How can we/I pay off our home quicker??" #likeandshare #JThomeloans

12.01.2022 **NOW IS THE TIME** Rates at historic lows = great time to get in the market as the price of lending has never been better. Get in touch with us today to discuss your options.... https://www.mortgagebusiness.com.au//15105-cash-rate-not-e

11.01.2022 ***Statute of limitations and credit reporting*** What you need to know about credit impairment and the legal obligations of credit providers and your rights as the impacted party. https://www.mpamagazine.com.au//statute-of-limitations-and

11.01.2022 **Can i get a loan on job keeper** In short.... YES. If you want to know which lenders and if your situation will meet the lenders criteria give us a call or message the page for more details. https://www.moneymag.com.au/will-bank-give-mortgage-on-jobk

11.01.2022 **MORE HAPPY HOME BUYERS** Well it is with great pleasure we share happy pics of some of our favourite clients - Nina, Trin (absent from photos) and Josh. Really excited to play a part in helping this family acquire a new home more suitable for schooling needs whilst turning their existing into an investment - in these tougher economic times it is great to be able to help people with these ventures when lenders are more pessimistic about providing lending with extra hoops to ...jump through. That is what makes helping great people like this all the more rewarding given the challenges the current world in 2020 is presenting us - WE DID IT TOGETHER!! #Jthomeloans #homebuyerfeels #happyfamily #greatTimetoBuy

11.01.2022 ***Home Builders Grant*** Interesting article about the home builders grant which is sharing the common misconceptions of the application of the $25k grant not functioning the same as the First Home Owner Grant. Many people are under the impression that they can use that as their deposit but due to the way it operates it cannot be used and this article works through that and is a good insight for those looking to use the grant.... Get in touch if you have more questions. https://www.domain.com.au//homebuilder-scheme-some-ho/amp/

11.01.2022 RBA governor defends stance on negative interest rates Mr Lowe stressed that the central bank has not ruled out negative interest rates, but reiterated that such a move would be extraordinarily unlikely. This further illustrates our advice when the question arises of lowering interest rates - the RBA do not control rates but for the most part their moves on the official cash rate are a good guide to lenders position on rates.... If the RBA dont lower rates the likelihood lenders will is uncommon, this is how you can use public information when deciding to fix your lending or leave it variable. It is not fool proof but as stated - a good guide to what is happening. https://www.mortgagebusiness.com.au//14844-rba-governor-de

11.01.2022 **Have you planted your tree yet??** In saying that, the above Warren Buffet quote has never been more relevant than it is today. Some people have been caught out financially with the rapid changes to our Australian economy. ... No income No job No savings Ultimately they have no shade to sit under, because they didn't plant their tree a long time ago

10.01.2022 To take advantage of this offer, you will need to meet the following requirements: - have an ABN - 60-month loan term only - $20,000 minimum amount financed (excluding brokerage)... - dealer sale only (no private sales/sale and leasebacks) - monthly payment by direct debit only - email and phone contact details to be entered into Maclease - settle prior to 31 October 2020 - make their first scheduled repayment on the due date See more

10.01.2022 **Getting home loan post Covid-19** Understandably, most lenders have tightened up on their lending processes in light of the economic impact of COVID-19, specifically relating to a drop in income or job loss. Along with stringent checks being done on proving a sustainable and consistent income, verification of your current financial situation will also be far more rigorous, with banks often requiring more supporting documentation around your earnings and expenditure such a...s letters from employers guaranteeing your employment. Call us today to cut through. https://www.mortgage-express.com.au//getting-a-mortgage-in

10.01.2022 ***A surprising reason investors fail*** Consequently, a bad property manager can make your time as a property investor a living nightmare. A few tips to finding a good property manager:... Look for an agency where property management is the core business Interview multiple property managers Find out how mature the property managers are (go for more experience) Ask how many properties they manage in their portfolio Under 120: This is ok 120-150: They may be overwhelmed with work 150+: It doesn’t matter how good they are, this is too many properties to manage As the saying goes, you get what you pay for. Don’t be stingy, a good property manager reduces your stress, keeps the property rented and the tenants happy. This will have a compounding impact on your long term wealth (and you won’t be tearing your hair out). If you need referrals to any quality operators as always reach out and we will connect you.

10.01.2022 Happy New Year from JT Home Loans... It goes without saying 2020 hasnt been the best of years for the world. Let's hope 2021 is the year we all get back on the front foot and start winning again! Big thank you for all the support of our business this year and we hope we have been able to give you great advice and outcomes. It hasn’t always been easy and the stress has been more apparent this year than others so a big thank you to all who have persisted through the lending tur...moil. Stay tuned for 2021 as our business will be growing with more staff to support your needs. If you are wanting more support or to get more information reach out as we will be more equipped than ever to support your needs.

10.01.2022 MERRY CHRISTMAS - From the Team at JT Home Loans

09.01.2022 What are our other clients saying??

08.01.2022 ***THANK YOU TO YOU ALL*** Two years in a row we have been nominated and made it into the finalist category with MFAA and the first "Regional Finance Broker Award" - last year we were finalists in the "New Comer" category Extremely grateful and humbled to receive this accolade and none of it is possible without the support of our clients and family.... So grateful for the continued support in numbers of clients and the wonderful reviews you post online or comments you give to others looking for finance on platforms like Facebook - thank you so much. #JThomeloans #clientsmakeUS #appreciative #lovedandsupported

08.01.2022 ***5 ways to use COVID-19 to your property-buying advantage*** With the recent revelation that Millennials believe the COVID-19 crisis has made their goals of property ownership more likely to be realised, there are a number of ways would-be buyers can take advantage of the less-than-ideal pandemic. This article takes a look at ways buyers can use this to their advantage.... https://www.nestegg.com.au//5-ways-to-use-covid-19-to-your See more

07.01.2022 What credit score is needed to secure finance? In case you have had a checkered past in your financial management you may find some useful information in this article to help provide you a target to acheive when repairing your credit file. https://www.mpamagazine.com.au//what-credit-score-is-neede

07.01.2022 https://youtu.be/fmbE6k3JGiA

07.01.2022 "Budgeting - it doesnt = boring" Furthest thing from boring is having money to do things that you want to do when you want to do those things. We have tips and tricks to help you especially with "Festive/Silly Season" around the corner!... #JThomeloans #planning #getahead

07.01.2022 **House-price growth to lag in Sydney, Melbourne CBA** House-price growth in Sydney and Melbourne is expected to lag growth in other state and territory capitals over the next two years due to strong rental markets and lower overseas migration, according to a Commonwealth Bank report. https://www.mpamagazine.com.au//houseprice-growth-to-lag-i

05.01.2022 **Want a beachfront property under $500k? They do exist!** Whether you are an investor or a seachanger looking to move somewhere picturesque this article highlights some great places to buy property. If you want to know the profile of these areas and their prospects for growth we always recommend you jump onto https://www.microburbs.com.au/ and other independant sites to validate the sales ads claims.... https://www.domain.com.au//buyers-are-snapping-up-homes-/

05.01.2022 "We have decided to separate and we need to know what to do with our property and finances" Is this you? We have experience in these matters and can assist you in all facets. #JThomeloans #wehaveyourback

05.01.2022 "How much can i borrow?" A simple question yet the complexity behind it in today's lending environment would astound you. #likeandshare #JThomeloans

05.01.2022 **HOME BUILDERS GRANT EXTENDED** On Sunday (29 November), the Treasurer announced that the HomeBuilder program will be extended to 31 March 2021, albeit in a modified form. The original program, which offers grants of $25,000 to owner-occupiers substantially renovating or building a new home, is available for contracts signed up to 31 December 2020.... This will provide a $15,000 grant for building contracts (new builds and substantial renovations) signed between 1 January 2021 and 31 March 2021, inclusive. https://www.theadviser.com.au//41072-homebuilder-extension

05.01.2022 Two legends up sizing their home - we have been saying for months "NOW IS THE TIME TO BUY AND UPGRADE". Megan and Jason have been a delight to work with and we wish you both many happy returns in the new pad! Make this home your own with your upgrades and set up the future! #2ndhome #upsize #JTHomeLoans #newhomevibes

05.01.2022 "Offset vs Redraw" Important to understand the differences and which could be the better suited to your needs. #jthomeloans #shortvids #likeandshare

04.01.2022 ***Payment holidays a wolf in sheep's clothing*** While the banks and other lenders have been quick to promote themselves as the white knight and offer payment holidays to their struggling clients, it is important not to confuse a payment holiday with a payment gift. No the facts before you get into these offers from your credit providers.... https://www.mpamagazine.com.au//payment-holidays--a-wolf-i

04.01.2022 "Pre-approvals - the facts and what you need to know" #jthomeloans #purchaserAdvice #likeandshare

04.01.2022 **Home Buyers - GREAT NEWS** How good is this??? You can now get out there and start buying and inspecting in person! Contact the agents who have the listings you want to view and start booking in those private inspections!!!... With the talk of lending restrictions easing now is the time to buy as prices will jump if those legislations are eased. We have said for most of this year now is the time to buy and many recent announcements make that more and more apparent! https://www.domain.com.au//restrictions-on-melbourne-pro/

03.01.2022 **ANZ Clients** If you have wondered why ANZ are slow in the last 6mths or why we have had delays getting deals through - this is why. ANZ CEO Shayne Elliott explains further why they have been struggling to cope is mainly to do with sheer weight of numbers.... https://www.theadviser.com.au//40753-anz-applications-peak

03.01.2022 **BUYING AND BUILDING** Congratulations to John and Paula on settling their land to build on today for their young family. Great thrill to assist young families chase and acheive their dreams and seeing this is something that warms the heart knowing the hard work they have put in to reach this milestone.... Well done guys and we are so happy to share this with you. #JTHOMELOANS #FHBFeels #firstofmany #reward4effort

03.01.2022 OFFSET ON A PAGE See our brief example of how an offset works.

02.01.2022 Happy to celebrate this great outcome with great friends Chanelle and Ryan - really looking forward to seeing what the boys at Semore Homes come up with.

02.01.2022 Funny how these two things can be applied in conjunction with any life goals........ Fitness, Financial Health etc.....

02.01.2022 **Responsible lending removal** The part of the law that the Government proposes to excise was written a bit over a decade ago to prevent clients being over committed. It requires lenders to check how much a potential borrower is earning and how much they're spending and whether there's enough left over to make their repayments without "substantial hardship".... If removed this will almost certainly see a spike in lending which often has a flow on impact to prices of property - so time to buy is now if you are planning to purchase property this coming 12months. https://amp.abc.net.au/article/12702260

02.01.2022 WELCOME TO THE FESTIVE SEASON!

01.01.2022 **FIRST HOME BUYERS** The First Home Loan Deposit scheme will be extended with 10,000 new places All of the new places will be for people buying new homes... The Government will guarantee larger loans, as new homes are generally more expensive https://www.abc.net.au//government-extends-first-/12728010

01.01.2022 **Finally some Stamp Duty waivers for us Victorians!!** This includes a stamp duty concession of up to 50 per cent* for residential homes valued at up to $1 million. It is for residential property contracts entered into from 25 November to 30 June 2021. Relief will be targeted at newly built or off-the-plan homes, which will receive a 50 per cent waiver.... Existing homes will be eligible for a 25 per cent waiver. https://www.theadviser.com.au//41055-victoria-announces-st

01.01.2022 ***Can an unpaid default be removed from a credit file?*** Short answer is yes - but there is a process and it can often be best to consult a professional to get an indication as to the validity of your claims to have them removed. We encourage our clients to use Abhay Kapoor - 0410 150 415 or [email protected] ... He has had a lot of success in rectifying issues on clients files over the years and will be able to tell you quickly if he can assist you or not. https://www.mpamagazine.com.au//can-an-unpaid-default-be-r