Kairos Finance in Perth, Western Australia | Mortgage brokers

Kairos Finance

Locality: Perth, Western Australia

Phone: +61 412 288 402

Address: Simper Street, Wembley 6014 Perth, WA, Australia

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

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25.01.2022 Many are now wondering how the Covid19 pandemic will impact the Australian property market. Property is less volatile and slower to respond to market shocks than equities, and it is tied to fundamentals of employment opportunity and income growth. Stimulus measures will also play a part.

25.01.2022 Our director Elson Goh made a recent contribution to The West Australian Business. Link to the full article here https://bit.ly/3a3KgWp

24.01.2022 Perth’s rental market had strengthened due to steady population growth and a complete drop-off in residential construction. House rents have increased 5.7 per cent to $370 in the past year. Despite seeing the second strongest rent rise in the country, it remains the most affordable capital in which to rent a house.

24.01.2022 Was great to be away on holidays but we're also feeling excited to be back in Perth with all hands on deck. Our doors are open and the second half of 2019 has already kicked off with a bang, with lots of new changes including banks' interest rate cuts taking effect, PLUS lower servicing assessment rates. Thank you to all who have continued to refer new home buyers to us for mortgage or financial planning advice whilst we were away. We'll be ready to take on further new enquiries and appointment bookings starting this weekend 26th July. Photo caption: Jewel Changi Airport, Singapore's latest installation costing $1.7b. Attractions within it include the 40 metre tall Rain Vortex, dining and retail outlets, children's play area, a suspension bridge and canopy walks.

24.01.2022 Are you still only talking to your bank or have you joined 59% of borrowers who use a mortgage broker for experience, expertise and greater market choice? https://www.theadviser.com.au//38689-broker-market-share-h

24.01.2022 It's been a whirlwind of activity this last week. Elson Goh is catching up with Bec on 98.5 Sonshine FM today, talking about common mistakes that people make in the midst of financial downturn.

23.01.2022 Woke up to fantastic news. Home loan formally approved by the bank - on a Saturday morning! - in less than 24 hours from when my client signed the application forms. Client was pleasantly surprised to say the least! And it gets better - the loan contract and mortgage documents have already been received by the time I am posting this, which means she could accept the offer immediately and proceed to settlement by the end of next week. How's that for speed?! ... It pays to get the right experts to get the job done right the first time. At no out-of-pocket cost to you, home buyer! .. And then there are the DIY home buyers... whose weekend will be struggling through paperwork on their own, after late nights scrolling through forums and groups, still trying to figure out which is the best bank to go with. #kairosfinance #firsthomebuyer #yourbrokerbehindyou

23.01.2022 Any home buying deposit savers out there who want to get one year's rent back? Interesting household living experiment in the City of Swan taking applications now.

22.01.2022 New grants for new home construction and home renovations are set to be announced this week. If you want to know how to unlock equity in your home to finance the major renovations that you have been planning on, we are here to help. https://7news.com.au//scott-morrison-set-to-announce-fourt

22.01.2022 Good news for First Home Buyers who may have missed out on the first home loan deposit scheme earlier. Another 10,000 allocations will be released on 6 Oct, but for new homes only. https://www.nhfic.gov.au/what-we-do/fhlds/

22.01.2022 This would be a game changer for First Home Buyers unable to save up 20% deposit. https://www.smh.com.au//morrison-targets-first-home-buyers

22.01.2022 Even with a significant proportion of commentators predicting a reduction to be announced at today’s meeting, the RBA has again kept the official cash rate on hold at 0.25%.

22.01.2022 Waitlists for the additional 10,000 places under the First Home Loan Deposit Scheme (FHLDS) New Home Guarantee allocated to the two major banks will be open from 21/10/2020. The increased price cap for eligible properties in WA (Capital City) is now $550,000.

21.01.2022 For people who have been impacted by the coronavirus, there is help available. Go to: https://www.servicesaustralia.gov.au//affected-coronavirus

20.01.2022 It's not a good time to be looking for a rental.

20.01.2022 When reviewing living expenses with clients, education is always a big topic on every family's minds. Be it private school fees or the reason for buying a new house. Elson Goh CFP discusses this with Bec on 98.5 Sonshine FM.

20.01.2022 A new historic low has been announced today as the Reserve Bank of Australia (RBA) cut the nation's official cash rate from 0.25% to 0.10%. Today’s rate cut will only have a material impact on Australia's mortgage market if the banks opt to pass the savings through to their customers. At the same time, according to data just released from the Australian Bureau of Statistics (ABS), new home lending rose 5.9% in September. This is up 25.5% from September 2019 for new overall... lending despite earlier concerns the market would falter in the face of COVID-19. The September figures clearly indicate consumer confidence is on the rise within Australia. FOMO is mounting especially amongst first home buyers, and we are seeing this clearly in the Perth residential property market.

19.01.2022 Offset vs Redraw? Its more than just a difference in home loan package fees or interest rates. Many borrowers use their home loan to park their savings by making extra repayments, in order to be accessed during times of emergency on a rainy day. Problem is, money that has been repaid to the bank is technically the banks. And they reserve the right to allow or disapprove your access to these payments in advance, or also known as available funds in redraw. Borrowers run the... risk of not being allowed access to this emergency savings right at the time when they may need it. Please get in touch if you need to gain more clarity on which option suits you best and gives you the most flexibility and control over your money, in the long term. https://www.smh.com.au//mortgage-redraw-risk-revealed-as-l

19.01.2022 Some inspiration as you tackle your ‘too hard basket’ challenges

19.01.2022 Any home buying deposit savers out there who want to get one years rent back? Interesting household living experiment in the City of Swan taking applications now.

18.01.2022 Its not a good time to be looking for a rental.

18.01.2022 RBA has announced that the cash rate will remain at its record low of 1.00% The RBA’s cuts in June and July have already helped stimulate demand in the housing market, according to CoreLogic’s head of research, Tim Lawless, pointing to internal data that suggests that property prices are beginning to stabilise. https://www.brokernews.com.au//rba-decides-august-cash-rat

17.01.2022 We navigated through post-Covid bank policies and had a time critical interstate auction purchase on our hands. Seamlessly - is the highest compliment and I wear that badge with pride. Giving investors the confidence to bid at auction in a highly competitive seller's market involves hours of background research into policy and designing the right battle plan.

17.01.2022 Attention Property Investors: Perth rental property vacancy rates have dropped in the last two months and is continuing to drop further. REIWA weekly data shows there is currently 52.2 per cent fewer properties available for rent compared to this time last year. https://reiwa.com.au//wa-rental-market-expected-to-worsen/ https://www.abc.net.au//wa-rental-shortage-leaves/12497356

17.01.2022 Getting your 2021 budget on track. First radio slot for the year with Elson https://98five.com/elson-goh-getting-your-2021-budget-on-t/

16.01.2022 A little break and breather this morning, enjoying a little spot in our beautiful city, before getting back to all our enquiries. So many of our home buyers are going all out today. Confident, educated and well-positioned to put their best foot forward with negotiations. Happy house hunting! If you feel its time for a house upgrade, please get in touch to find out your position.

16.01.2022 Your home loan rate has crept up and up over the last year or so. You've heard about colleagues switching their loan to another bank and getting a lower rate. So you spend hours researching and decide to do the same. Couple weeks later filling out forms and live chats with customer reps and phone calls, you get told you will have to pay some sort of a Lenders Mortgage Insurance fee and the interest rate will be higher than what you saw advertised on the bank's website. You ...are confused and frustrated at the waste of your time. The fall in home market values have left many borrowers feeling like mortgage prisoners, trapped with their current bank with no choice but to keep plodding away with high interest rates. But don't quit just yet. How can we help? 1. We collect information from you regarding your property, home loan details, income and expenses - once. (Try this yourself and you'll have to repeat your story to 5 different banks!) 2. We run a mortgage health check and provide immediate recommendations that you can put to action, usually with your current bank. 3. We have access to property, suburb and overall market insights through RP Data Professional to assist with estimating your property market value. ** You get a free property profile report ** 4. We advice and walk you through the whole refinance process - from eligibility, to product and rate comparison, to cost savings analysis. We sort out the dreaded paperwork! You don't wait on the phones with the bank. 5. If it is not in your best interest to refinance your loan at that moment, we tell you upfront. Where possible, we negotiate with your current bank to lower your rate. Or at the very least, we coach you word for word on how to negotiate your own rate down. It doesn't stop there: We have processes and systems in place to continue to keep an eye on the market for you, so you don't have to. If you have a home loan and you know you need to get it checked out, don't put it off any longer. Send us a message now. #kairosfinance #refinance #mortgagebroker #findafairerdeal #dontkillcompetition

16.01.2022 My inbox last week. RBA rates on hold again as expected but banks are still offering strong incentives, vying for new business.

16.01.2022 Our latest spring newsletter is out! The key article explains the very recent changes to the amount that banks will lend borrowers, due to easing in regulatory requirements. If you don't want to miss out on this and other home loan and personal finance updates, make sure you get in touch with us now.

16.01.2022 How does $4,000 cashback sound? On top of massive savings on your loans with a lower interest rate. If you are unsure of where to start, a mortgage broker will guide you through the process. #kairosfinance

15.01.2022 The RBA announced a 25 basis point cut the cash rate to 1.25%. The last move was in August 2016. While the move by the RBA was widely expected, the focus will now turn to mortgage rates - How low will they go?

15.01.2022 Thank you Rohan for the lovely feedback. Many lenders are still offering generous rebates for borrowers like Rohan, who wanted to refinance his home loan. You can save potentially thousands of dollars with a lower interest rate, plus eligible borrowers can get up to $4,000 cash back from the lender after the loan settles. Please get in touch to enquire if you are eligible. We can help work out what your potential net savings will be, after all the fees and charges. Phone and online meetings available whilst we are all self-isolating.

15.01.2022 From 1 July 2020, another 10,000 places for the First Home Loan Deposit Scheme will be released. This initiative will enable first home buyers who only have a small deposit amount to save potentially thousands of dollars on lenders mortgage insurance. You may be eligible if: You are a couple buying together, and your combined taxable income for the 2019-20 financial year is not more than $200,000; or if you are single, not more than $125,000.... If you are looking to buy a property in WA metropolitan area, the property price cap is under $400,000. Different thresholds apply for regional and other states. Every applicant will need to be an Australian citizen. Refer to the NHFIC website for more criteria. https://www.nhfic.gov.au/what-we-do/fhlds/eligibility/ There are 27 lenders participating in this scheme. We are accredited with the following: National Australia Bank Commonwealth Bank Auswide Bank Bank Australia Bendigo Bank Beyond Bank Credit Union Australia CUA Firefighters Mutual Bank Health Professionals Bank MyState Bank P&N Bank Teachers Mutual bank UniBank Allocations are opening for reservations this week from 1 July 2020, so please contact us now to enquire. Take note: You will need your Financial Year 2020 Notice of Assessment for your reservation, so you will need to get on to this quickly. #kairosfinance #firsthomebuyer

14.01.2022 The Reserve Bank of Australia (RBA) has set Australias official cash rate at a record low of 0.50% having been reduced by a further 25 basis points. Edit: And all four major banks have passed on the rate cut in full to borrowers!

14.01.2022 Latest data has revealed that demand for fixed-rate home loans surged almost 8 per cent over the month to April. However if you are considering switching for the immediate short-term of an ultra low fixed rate, you should also consider the long term revert variable rate. You could end up trapped as a mortgage hostage when the fixed rate expires and you get stuck on a high variable rate. Changes in bank policy, your income/employment, possible drop in property value, high LMI fees are only a few unintended issues that could prevent you from switching banks in the future, leaving you paying thousands of dollars more over the remaining term of your loan. Seek assistance from a broker first (not from the bank who is trying to lock you in to a contract!) to ensure you are making an informed choice with a variety of options.

13.01.2022 Ooooh... this is a bit exciting. Kairos HQ will have new neighbours soon! One of only three 4x2 houses on the market in Wembley at the moment that hasn’t got an Under Offer sticker on it yet.

13.01.2022 Its been a whirlwind of activity this last week. Elson Goh is catching up with Bec on 98.5 Sonshine FM today, talking about common mistakes that people make in the midst of financial downturn.

13.01.2022 Financial hardship occurs when you’re unable to meet your existing financial obligations for a period of time. If you know things have changed with your business or employment to a point where you will need assistance, this is the time to speak to your bank. You will be asked to provide a clear explanation of how your situation has changed and your current financial position. Because each case is unique, they will need time to process your application before they come up with... a tailored arrangement plan. Due to increasing call volumes and number of appeals, there may be a period of time before you get a response to your application. The most important thing is to ensure you keep up with every required payment until you receive a formal response from your financing institution regarding their agreed arrangement with you. Here is a list of contact numbers provided by the Australian Banking Association: https://www.ausbanking.org.au/campaigns/financial-hardship/

13.01.2022 Following an emergency meeting held this afternoon, the Reserve Bank of Australia (RBA) has stepped up the action its taking to support the domestic economy in response to the spreading impact of the COVID-19 pandemic. Effective tomorrow, 20 March, the official cash rate will be slashed to a new record low of 0.25%.

13.01.2022 Attention: Property Investors who have been putting up with sky high investment loan rates over the last couple of years! We are starting to see banks gaining appetite in investment loans again. One of our panel lenders has just announced that they are offering owner occupied rates on investment products! To be eligible:... the total loan/application value must be a minimum of $750,000 AND the owner occupied portion of the total loan value must be at least 50% AND the loan must be under a Package. With a competitive variable rate lower than what the majors are offering, and a $349 annual package fee that allows multiple offset accounts to help you further accelerate your loan reduction, this is an option that all property investors should check out for themselves. It could potentially reduce the ongoing cost of your investment significantly. I am still taking appointments for the month of June so please send us a message to find out more.

12.01.2022 The biggest questions we are receiving from potential home and land buyers now are: 1) Whether or not they qualify for any of the government stimulus grants, and if Yes, then... 2) Can these grants be used towards the deposit especially if they dont have 20% saved up.... Hang on for now! The banks are still saying "As the details for processing and administering these grants is not yet known, we are unable to provide a lot of detail at this stage. We will update details as they become available." (taken from Keystart website). What you CAN do now is to get a clear idea of your borrowing eligibility and how much you can borrow. If you have not yet finalised your 2019 tax returns, this will be needed as its a key factor in your eligibility for the Federal grant. You can prepare all the necessary documents needed for a pre-approval application. A list of the commonly requested documents can be found on our website here https://kairosfinance.smartonline.com.au/checklist-of-loan/ And once the details are out, we will be ready to assist you.

12.01.2022 A couple sold their place of residence and will be moving into what was their investment property. Assisted with switching loan from Investment to Owner Occupied purpose and negotiated lower interest rate from current bank. A first home buyer moved out of the home he purchased and decided to rent it out. Now that the Interest Only period of the loan is up, he has been given options to minimize ongoing mortgage costs of the investment. A couple are making steady progress in p...aying down their home loan after we assisted with their refinance two years ago. Now they are ready to embark on purchasing an investment property to take advantage of the current buyers' market. New home owners have been struggling with their finances lately since taking up a car loan and has now racked up a credit card debt too. Provided guidance on how to get back on track again, improve cash flow and go from slogging to saving. We are about ongoing service. We are about sound advice. We are about solutions. #kairosfinance #yourbrokerbehindyou

12.01.2022 How will housing in capital cities perform over the next few years? Download the full report from QBE Lenders Mortgage Insurance here.

12.01.2022 The Autumn Edition of our Haven newsletter is out now, keeping you up-to-date with the mortgage and personal finance world. Send us a message if you would like to get on our quarterly emailing list. https://kairosfinance.smartonline.com.au/quick-tips-to-pay/

12.01.2022 The news that we have been waiting for! The WA state level building and new homes stimulus has been announced. Eligible First Home Owners could potentially receive all four benefits at state and federal level up to $65,000. Now its up to the banks to review their policies surrounding what is deemed acceptable as deposit, what stage the funds will be released, and how all this comes into play to reduce Lenders Mortgage Insurance for those with minimal savings. With the supp...ort of AFG one of Australias largest aggregator groups, we will be collating all this information and staying on top of new announcements from the banks that are on our panel. So that as the #brokerbehindyou, we will guide you through the technicality and jargon to give you clear advice. Make sure you get in touch with us ASAP to get your finance application in order. Land Sales and Builders are going to get demanding and pushy now. Time is of the essence. #firsthomebuyer #kairosfinance #brokerbehindyou #homeloan #firsthomeownersgrant #homebuilder

12.01.2022 Elson is covering Superannuation and Insurance today

11.01.2022 Following yesterday’s announcement from the Reserve Bank, all four majors have announced their responses. NAB has passed on the full 25 bps rate cut effective 14 June. Commonwealth Bank will do the same from 25 June. Westpac opted to pass on 20 basis points but gives investors with interest only repayments a 35 basis rate reduction. ... ANZ Bank will decrease variable home loan rates by 18 basis points across all its mortgage products effective from 14 June. #homeloans #kairosfinance

11.01.2022 Happy New Year to our customers and followers! Team Kairos are so excited for all that 2019 will bring. The housing and mortgage lending scene is constantly changing and we remain committed to providing you with quality up-to-date advice to navigate these changes. - Elson and Karen Goh

10.01.2022 The RBA has announced that the official cash rate will be reduced to a new record low of 0.75 percent. The RBAs decision to cut the cash rate for a third time has come despite evidence of a recovery in the housing market, which analysts have partly attributed to the RBAs cuts in June and July. A trend towards higher unemployment and a slowdown in jobs growth were likely the primary factors in the RBAs decision to cut rates to a new low, as well as concerns around persiste...ntly weak household spending, subdued wages growth and low inflation, said Tim Lawless, Corelogics head of research. If you would like to conduct a review of your current mortgage, or obtain an assessment of your borrowing capacity in light of these changes, drop us a message and we would be more than happy to assist.

10.01.2022 Support packages are being offered by banks and other lenders to their borrowers in the current environment due to Covid-19. These have mainly been offered to small business and home loan customers. The regulators APRA have stated that borrowers who enter into a repayment holiday arrangement with their bank will not have their period of deferred payments treated as arrears.The key is that these borrowers must have been meeting their repayment obligations until recent arrang...ements were reached. But not needing to make repayments on your loan during the during the assistance period does NOT mean you are getting 3-6 months free! During the assistance period, interest will continue to accrue and will be added to the outstanding balance of your loan. If you take up this assistance, you may end up paying more interest over the life of your loan. Please reach out if you need to seek some clarity regarding your options if you are experiencing or worried about going into a period of financial hardship. https://www.apra.gov.au//apra-advises-regulatory-approach-

09.01.2022 Wishing everyone a very Merry Christmas and best wishes for 2018! Team Kairos will be available over the New Year period to assist with your home loan borrowing or refinancing needs. 27, 28 and 31 December 2018 and 2-18 January 2019.

09.01.2022 Many buyers have told us that it’s been challenging to secure a property to purchase, not because of financing issues, but due to lack of properties listed for sale in the areas that they want to buy in. This has been confirmed with the latest Corelogic report stating that number of new listings this spring has been lower than historical levels for what’s traditionally the busiest home buying season of the year. If you are currently in the market to buy in a high demand area..., you need a team behind you to help you put your best foot forward. To help you act swiftly when the right opportunity presents itself. As a mortgage broker and financial planner, I can assist you with determining your eligibility for a bank loan, calculating how much you can (and should!) borrow; as well as provide advice for savings, cash flow and household budgeting. We have access to Corelogic property reports and valuation estimates and provide this to you for free. We will also assist with your First Home Owners Grant application, and will recommend and help organise the rest of your home buying matters - settlement agent, building and pest inspection, building insurance and liaising with the real estate agent once your offer is accepted. We will be taking new appointments soon, now that school holidays have come to an end. Send us a message and let’s get you into your own home soon!

09.01.2022 Challenge accepted. Mission accomplished. Mountains conquered. Ready to get back into the swing of things and finish off 2020 strong.

08.01.2022 The WA Government has announced a new policy in a bid to boost the states housing market stimulating jobs and economic growth. The scheme offers rebates of up to $50,000 which will be offered to West Australian property buyers purchasing new off the plan apartments. The 75 per cent stamp duty relief would be available to buyers who sign a pre-construction contract to purchase new apartments within the next 2 years. The policy is expected to cost the state $29 million, with Pr...emier Mark McGowan saying the states improved budget position would be used in an attempt to create jobs and stimulate the economy. The new scheme will have no purchase price cap allowing people buying more than one unit the ability to be eligible for multiple rebates. The announcement comes on the same day the Liberal Party also announced new pre-election policies designed to stimulate the property sector. Those included a moratorium on the tax on property purchases by foreigners, stamp duty relief for seniors downsizing and an increase to the payroll tax threshold.

08.01.2022 Some good tips that we can all remind ourselves with - Elson's chat with Mike on 98.5 Sonshine FM today. https://98five.com/elson-goh-bargain-hunters-become-the-hu/

08.01.2022 It is time to check your super. You might hold insurance through your super fund as a safety-net for you and your dependents in the event of your death, or if you become seriously ill or permanently disabled. If you or your employer haven’t made a contribution to your super for the last 16 months, new changes coming to effect on 1st July may mean your insurance might be cancelled. ... It’s worth checking whether you’re affected and take the necessary actions with your super fund. Your future self will thank you! www.timetocheck.com.au

08.01.2022 One more refinance before we sign off for the rest of this week. The banks offering refinance cash back rebates have all extended their offers beyond spring into the summer. Besides a lower interest rate and lower repayments, eligible borrowers can receive $2,000-$4,000 to cover switching fees.

08.01.2022 The West Australian Government Building Bonus Scheme is a game-changer for the residential building industry and great news for consumers. This $20,000 grant is less restrictive than the $25,000 Federal government Home Builder scheme: Open to both owner occupiers and investors Open to Australian citizens and foreign persons; natural persons as well as corporations and trustees... Not means tested (no limit on household income earned vs Federal grant with $200,000 cap for couples) No property value caps (compared to Federal grant with $750,000 total new building value cap) Homes constructed by an owner-builder also qualify, but you must commence construction between 4 Jun and 31 Dec 2020. Construction needs to start within 6 months of entering into the building contract (compared with 3 months for Federal grant). Apply for the grant before 30 June 2021. https://www.wa.gov.au//g/apply-new-home-construction-grant

07.01.2022 Applications are now open for the $20,000 WA Building Bonus and $25,000 Federal government Homebuilder grants. The joint application form and eligibility checklist is now available online here: https://www.wa.gov.au//Building-grants-application-form_3. #perthreno #firsthomebuyer #homebuilder #kairosfinance

07.01.2022 "Ever wondered why you pay tax and super?" In a recent interview with The West Australian, Elson Goh talked about the little known resource Tax, Super and You. This was established after the last global financial crisis to help increase financial literacy among students. https://www.taxsuperandyou.gov.au/... Do you know about this resource? Has your school adopted it in their curriculum?

07.01.2022 This week, the Reserve Bank of Australia decided to maintain the official interest rate of 0.25 per cent for another month. Various income support measures by the Australian Government will be continue. Whilst the RBA has indicated that they will not change interest rates in the foreseeable future, banks have dishing out offers and lowering home loan rates. We now have at least 5 lenders on our panel offering variable rates from 2.59% p.a. to home owners. Several other lende...rs apart from the majors have jumped on board with offering $2,000 cashback to customers who refinance their loans. Borrowers who want to take advantage of this can now choose from major or second tier lenders, fee-free basic loan products or home loan packages with offset accounts, fixed or variable rate. Fixed rates for investment loans with interest only repayment are starting at 2.69% p.a. with the major banks. Get in touch to find out what your potential savings could be.

07.01.2022 The purpose and result of work or employment differs from person to person. But all forms of employment produces income. Work is the contribution of effort and sacrifice of your time which results in money paid into your bank account. The question on this first work week of 2019 is: What will your money do for you and your family this year?... What will you achieve with the income earnt from the hours and effort spent earning it? May you choose this year to be purposeful with that which you work so hard to earn. May you at the end, find the result of your work in 2019 to be Meaningful. Intentional. Lasting.

06.01.2022 The confidence and trust that our clients place in our advice is something we never ever take lightly. Selecting the right lender for time-critical approvals could make or break a deal. Differentiating between lifestyle and investment debt, and structuring each one appropriately could give you flexibility far into the future instead of limiting potential plans.

06.01.2022 Just doing what we do best! #kairosfinance #refinance #findafairerdeal #brokerbehindyou #perthmortgagebrokers

06.01.2022 Initially one of our Financial Planning clients, we then assisted them with their first home loan. With all the fundamentals in place and a clear strategy in mind, they are now progressing steadily in building wealth and investing for their future.

06.01.2022 Chelsea was introduced to us by Jonathan at Omni Realty Australia earlier in the year. She and her partner were new to the home buying process so we held her hand through the entire journey. From identifying suitable purchase price range and borrowing capacity, to providing property research data, to tips on how to negotiate with the selling agent. We explained different types of home loan products and narrowed down the most competitive interest rates. Their home loan is approved and they are all set for settlement well ahead of schedule! They have secured the loan for the new home, but more importantly they have also been armed with strategies to reduce their debt fast, build up equity from day one and set themselves up for a secure future. I'm so excited for where this journey will take them!

05.01.2022 Financial hardship occurs when youre unable to meet your existing financial obligations for a period of time. If you know things have changed with your business or employment to a point where you will need assistance, this is the time to speak to your bank. You will be asked to provide a clear explanation of how your situation has changed and your current financial position. Because each case is unique, they will need time to process your application before they come up with... a tailored arrangement plan. Due to increasing call volumes and number of appeals, there may be a period of time before you get a response to your application. The most important thing is to ensure you keep up with every required payment until you receive a formal response from your financing institution regarding their agreed arrangement with you. Here is a list of contact numbers provided by the Australian Banking Association: https://www.ausbanking.org.au/campaigns/financial-hardship/

05.01.2022 When it comes to getting professional advice on money matters, should you be looking for an accountant or financial planner? Who do you go to for help with your... finances? Find out how theyre different and what services each one offers to help you manage your finances by reading the article below.

05.01.2022 Offset vs Redraw? It's more than just a difference in home loan package fees or interest rates. Many borrowers use their home loan to park their savings by making extra repayments, in order to be accessed during times of emergency on a rainy day. Problem is, money that has been repaid to the bank is technically the bank's. And they reserve the right to allow or disapprove your access to these payments in advance, or also known as available funds in redraw. Borrowers run the... risk of not being allowed access to this emergency savings right at the time when they may need it. Please get in touch if you need to gain more clarity on which option suits you best and gives you the most flexibility and control over your money, in the long term. https://www.smh.com.au//mortgage-redraw-risk-revealed-as-l

05.01.2022 Sorry can't help with your bills, but we can certainly help you find ways to bring down your home loan repayments and save on mortgage interest. A 0.40% drop in interest rates could save you $20,000 on a $300,000 loan. Many lenders on our panel are also offering generous rebates to help cover the cost switching banks. We decode the jargon and explain how it applies to your unique situation. We help you weigh out potential savings vs fees and charges and provide you with a shortlist of most competitive solutions tailored specifically to you. Start with a message or call Karen on 0412 288 402

05.01.2022 Commonwealth Bank has been the first of the major banks to announce they will pass on the full 25 basis point cut across all variable rate home loans from 25 June. ANZ Bank will decrease variable home loan rates by 18 basis points across all its mortgage products effective from 14 June. #homeloans #kairosfinance

05.01.2022 If your home loan is with Commonwealth Bank, take note of the reductions that may have been made to your monthly repayments effective today. When interest rates are at record low, this is the best opportunity to get years ahead paying off your mortgage by making extra repayments beyond the bare minimum.

04.01.2022 The Reserve Bank of Australia (RBA) has set Australia's official cash rate at a record low of 0.50% having been reduced by a further 25 basis points. Edit: And all four major banks have passed on the rate cut in full to borrowers!

04.01.2022 Same storm maybe, but different boats. Different circumstances and different individuals, require different solutions and advice.

03.01.2022 Many buyers have told us that its been challenging to secure a property to purchase, not because of financing issues, but due to lack of properties listed for sale in the areas that they want to buy in. This has been confirmed with the latest Corelogic report stating that number of new listings this spring has been lower than historical levels for whats traditionally the busiest home buying season of the year. If you are currently in the market to buy in a high demand area..., you need a team behind you to help you put your best foot forward. To help you act swiftly when the right opportunity presents itself. As a mortgage broker and financial planner, I can assist you with determining your eligibility for a bank loan, calculating how much you can (and should!) borrow; as well as provide advice for savings, cash flow and household budgeting. We have access to Corelogic property reports and valuation estimates and provide this to you for free. We will also assist with your First Home Owners Grant application, and will recommend and help organise the rest of your home buying matters - settlement agent, building and pest inspection, building insurance and liaising with the real estate agent once your offer is accepted. We will be taking new appointments soon, now that school holidays have come to an end. Send us a message and lets get you into your own home soon!

02.01.2022 Fixed Rate Frenzy! Today another bank has slashed its fixed rate for home owners by 50 basis points. We are now seeing rates for owner occupied home loans under 3.50% p.a. A fixed interest rate home loan is one where your interest rate is locked in for a certain period, typically between one and five years. During the time your interest rate is fixed, both your interest rate and your required repayments won’t change. This may be important to borrowers who have a very strict b...udget that they need to stick to for a period of time. Fixed rate contracts also have limitations that borrowers need to be mindful of before they commit. They generally have fewer features than variable rate home loans. If you decide to pay off or refinance your home loan before the end of the fixed term, or need to sell your property, you may have to pay hefty break costs. If you need help with deciding whether or not to fix your existing home loan, please get in touch with us. We'd be more than happy to run through the numbers for you, tailored to your unique situation. We are accredited with over 30 banks and non-bank lenders, so we can point out features with your existing bank loan product that you may not even be aware of.

01.01.2022 The Reserve Bank of Australia decided to once again reduce the official cash rate, this time to 1% in a concentrated effort to boost household spending and the economy in general.

01.01.2022 Bring out the shoe box!

01.01.2022 This is a summary of the Federal Government means tested $25,000 HomeBuilder scheme.

01.01.2022 If your income has been temporarily affected during this Covid-19 period, but you already have arrangements in place with your employer for when your work load / pay will return to normal, there are multiple lenders on our panel who will still assess your borrowing capacity on your full income level. A temporary set back does not need to permanently limit your goals. Fully assessed home loan pre-approvals in under 48 hours from receipt of complete set of required documentation.

01.01.2022 Perths rental market had strengthened due to steady population growth and a complete drop-off in residential construction. House rents have increased 5.7 per cent to $370 in the past year. Despite seeing the second strongest rent rise in the country, it remains the most affordable capital in which to rent a house.