Kingfisher Finance | Mortgage brokers

Kingfisher Finance

Phone: +61 438 376 200

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24.01.2022 Ever wondered what the home loan process looks like using a broker? Take a look at this video explaining the 6 steps. With a rising market it is vital we get from 1-6 as quickly as possible. Organising a pre-approval prior to making an offer can give you a competitive edge over other buyers - as steps 1-5 are already taken care of. ... Simply ask any agent which offer their sellers would prefer in a hot market - 1. $550k offer, finance clause 7 days, 30 day settlement 2. $550k offer, finance clause 21 days, 60 day settlement Just some food for thought!

24.01.2022 Congratulations to our First Home Buyers, Rebecca & Joel - who settled on their new pad last week! They were also kind enough to leave us a lovely review. As their goal posts shifted several times, it was important that our recommendations did as well. To be honest all first home buyers should be asking a million and one questions, I would be concerned if they weren't! It means they are doing their own due diligence & spending the appropriate time to understand the p...ro's and con's of each home loan option. This is vital to ensure we get the best possible result for their situation. You can check out more of our outstanding reviews below! https://www.ratemyagent.com.au//alex-gee-h/finance/reviews

22.01.2022 : First Home Buyers - around 2,000 FHLDS positions are about to be re-issued over the coming days. : For Existing Properties (not just house & land) Only 5% deposit required... Purchase Price Caps = QLD $475k, NSW $700k No Mortgage Insurance payable !

21.01.2022 The Market. Low stock, lower rates & wage growth have all catapulted Brisbane's market into the stratosphere. Interstate migration is also at an all time high, with local auction rates nearing 100%. Major infrastructure projects across the city are continuing to take shape in addition to the booming Howard Smith Wharves. ... Overall Brisbane is becoming a very enticing destination to our Southern counterparts looking to escape covid & cold weather.

20.01.2022 The Cash Rate. Again expected to hold at 0.10% - so why are some lenders increasing their longer term fixed rates? Over a dozen lenders increased their 4 year fixed rates in the last month, which has some people panicking they may have missed the bottom.... In reality some banks are starting to factor in a likely rise to the cash rate in 2024 at the end of the funding facility. (the RBA’s term funding facility was facilitated for banks to borrow at a 3 year fixed rate of 0.10% - providing a source of low-cost funding). Our advice? Work out what type of mortgage best suits your needs THEN shop around for a sharp rate - not the other way around.

17.01.2022 A few more testimonials to share this week. It’s a stressful time of year - rest assured we are doing everything we can to get our new home owners in for Christmas With just over a week to go, we will be working around the clock to ensure we get the approvals we need before the big man comes We have 5 more applications to get across the line - Safe to say it’s going to be a big week.

17.01.2022 EOFY. Approaching fast. The EOFY can be a great time for businesses to take advantage of equipment deals and government incentives if they are well prepared. New business related assets acquired between 12 March 2020 until 30 June 2021 may be eligible to have the accelerated depreciation deduction applied*. ... Say goodbye to the tax time worry & hello to a new set of wheels . Wait times for most vehicles and business equipment are currently at 2-3 months across several industries. As a result, it is crucial that you start the process now! To find out more about equipment financing options in your business please call us on 0438 376 200 today. Full or Lo-doc we have an option for you

16.01.2022 The Review. It's not always a straight forward & easy deal, but helping our clients break the rental cycle makes it worthwhile.

15.01.2022 Did you know that medical professionals are entitled to some very attractive home loan benefits? Medical professionals are held in a high regard by society & the banks as well! If you are a medico, we can help you understand your options. Eligible professionals can apply for lending up to 85% or 95% (depending on profession) without the need to pay Lenders Mortgage Insurance (LMI). Get in touch to see exactly what you are eligible for! ... 0438 376 200 See more

14.01.2022 Can't afford where you want to live? Rentvesting might just be for you. Rentvesting is a home-owning strategy where you rent a property that fits your lifestyle & own an investment that fits your budget. As prices soar in inner-city locations this approach is becoming even more popular especially amongst younger buyers. ... The reason being - you might end up spending the same renting as you would living in a home you own. The difference being - you can live in a more desired location + dip your toe in the property market. A win win!

14.01.2022 Outstanding report coming through from the MFAA. The mortgage broker channel has recorded its highest ever market share result with brokers settling 60.1% of all residential home loans during the July September 2020 quarter. The best part? Our service is completely free for you. Although we do get paid by the bank or the lender that you choose to get your loan with.... Better yet we have access to over 35 different lenders and every single loan that each lender offers. Now you can see why these numbers are not surprising!

13.01.2022 The Review. Investment or owner occupied - communication is key in our game. We move fast & efficiently to deliver on time, every time.

10.01.2022 Interesting figures coming from the Governments latest FHLDS for new homes , showing the uptake to be much slower - with only 1400 places reserved since November. In contrast the previous scheme which allowed the purchase of existing properties was hotly contested. There's a couple of reasons why the same uptake isn't there. The main one being that building a new home is a much bigger decision-making process & can be far more daunting for a lot of people.... With the limit increasing to $650,000 in QLD for new builds - there is some great opportunities for those with only a 5% deposit & looking to avoid lenders mortgage insurance. We love the FHLDS and are well across each lenders participating lenders policy. Get in touch for a chat & we can help make the building process a breeze .

10.01.2022 Great news for anyone planning to take out a home loan in 2021 new legislation means consumers are even better protected when they use a mortgage broker . The Best Interests Duty, which took effect on 1 January 2021, legally obliges brokers to act in the best interests of their clients. This new law is on top of the National Consumer Credit Protection Act, which already regulates the conduct of brokers . Brokers must prioritise their consumers’ interests if the...re’s ever a conflict of interests. But while brokers have to follow the Best Interests Duty banks do not . A broker must give their client the best possible recommendation from all the lenders on that broker’s panel. However, a bank will recommend only its own products, even if there are better alternatives in the marketplace . Brokers act in your best interests when recommending a home loan, and have a legal obligation to do so. Banks simply sell you their own products. Need a trusted home loan advisor? 0438 376 200

07.01.2022 Easter & April 1st already? No April Fools with this rate. Variable home loan with offset from 2.35%*. Monthly savings on a $500k home loan @ 3.00% = $171.... Over 30 years = $61,627. That’s a lot of or a brand new hilux

06.01.2022 The Trend. Cashback offers to refinance. Most major's and some second tier lenders are still offering 'cashback' to refinance your existing home loan. With the rebates ranging between $1,000 - $4,000, it can be a very enticing proposition. ... The Catch. You may be locked into a higher interest rate then you could find elsewhere. Cashbacks can also drastically effect a lenders assessment times - with some taking up to 3 months or more for the new loan to settle. It's important to determine if a refinance cashback is in your best interests - something we can help with.

05.01.2022 Equity. The portion of a property’s value that an individual owns outright (your share). It is the difference between the value of your property, against the size of your mortgage (banks share). Equity increases as you pay back your loan and also as property prices increase. ... This is another reason why buying makes sense over renting. Over time your repayments increase 'your share' - not your landlords. Want to unlock some of this equity - think renovations, investments, another property? We can show you how.

03.01.2022 01/12 Contract signed with finance due in 14 days 03/12 - Loyal customer visits existing bank 15/12 - Finance date missed & customer yet to hear from bank EXTENSION granted until Christmas Eve 17/12 - Existing bank cannot help, customer contacts Kingfisher ... 21/12 - Alex finds a glimmer of hope & submits second application 23/12 - Approval arrives 25/01 - Home settles customers are in Approval 4 days from first contact + settles in 30 = the man that makes it happen!

02.01.2022 Exciting news We have a lender on panel who has just introduced a brand spanking new 90% no LMI loan for those in the Brisbane Metro area. Super sharp rates with no lenders mortgage insurance/risk fee to pay sounds like a big win to me. ... Hit the DM’s or phone to find out more 0438 376 200