Mark West at Loan Market in Clare, South Australia | Loan service

Mark West at Loan Market

Locality: Clare, South Australia

Phone: +61 418 244 443

Address: 326 Main North Rd 5453 Clare, SA, Australia

Website:

Likes: 691

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• Property
• Loan service
• Mortgage brokers

25.01.2022 "Yorke Peninsula in South Australia, where prices have jumped 14.6 per cent in the past year."

25.01.2022 Bank bashing is normally our favourite Aussie sport, however; I like that for the most part, banks are on the front foot with their plans and strategies to help their customers through the impact of Coronvirus.

24.01.2022 If you accessed your Super early, and shouldn't have, some uncomfortable reading here...

24.01.2022 Big shout out to this legend, he and his team have been massive supporters of our business since day 1 and now rewarded as the top referrer to Loan Market in Ray White South Australia, congratulations and thank you Dave Buzzy!

24.01.2022 A timely reminder that the purchase price is not the only cost when it comes to buying a house. My general rule is purchase price + 5% to cover all the big costs.

23.01.2022 FOMO (Fear of Missing Out) is heating up the housing market....

23.01.2022 Whoever wrote this is a genius..... The Application Hello Sir and hello spouse, I’m really glad to meet you... Please take a seat and rest your feet, as this can take a minuteor two So you’d like to borrow some money, well I can help with that The bank requires a monthly payment, and that shirt right off your back Before we start, here’s an application form and I do suggest you read it Because before I lend you money, you need to prove that you don’t need it The fees and charges I hear you ask , well there’s nothing you can see But here’s a hint, there is fine print, at the bottom of page ninety-three And what about your deposit, you’ve been saving hard and working late Oh my, if that’s all you’ve got to show for it, I may have to charge a higher rate Now let’s talk about your assets, and kids, you said that you have three? I’ll just note them in this column, that says liability And tell me what you earn sir, and now how about your wife You know the banks are big supporters of people working late in life. And you work full-time and that’s just fine, but here’s what you need to see Your wife is paid a casual wage, so I need 12 months history Now tell me about your credit card, you say you never use it. Well lets assume you’re always on the limit, and inclined to abuse it. And do you have kind relatives, who could assist with equity Because the bank would dearly love this loan, to include all your family Last of all, we need a health exam, are you under any stress I’ve got my rubber gloves here sir, please cough once, as I do a little test Well that’s all for now and please don’t worry you’ve really done just fine Your application will be seriously considered .....before it is declined.

23.01.2022 So true... "Let me start by telling you that it doesn't matter how much you earn, it's about how much you spend."

23.01.2022 Phew! lots of clients, builders (and finance brokers) happy about this. Building contracts still need to be signed prior to Dec 31st 2020 however builders now have 6 months to commence construction.

23.01.2022 Helping people obtain finance to purchase their dream properties is one of the best parts of being a finance broker. Sometimes though, we get the opportunity to sit on the other side of the table and experience the thrill of buying a property ourselves. Linda and I would like to say a big thank you to the following people for helping us achieve our property dream. ... Carlee Horsell from Mortgage Choice for her patience in dealing with some very impatient clients and for finding a lender crazy enough to give us some money. Ali Ward from Elders for a seamless and professional experience in handling the negotiations and for patiently organising our endless requests for access prior to settlement. Tania Furler from Furler and Co whose silky conveyancing skills ensured the process was trouble-free and for going above and beyond to make sure settlement happened on time. Finally, a big thank you to June Cowin (Nanna) for making the maths a lot prettier... We're excited! #pretendfarmers #gonnagetatractor

23.01.2022 Great opportunity to join a very successful team...who also don't mind having some fun along the way

22.01.2022 "They call it a home loan holiday, but unfortunately mortgage interest doesn’t go anywhere"...

22.01.2022 Covid-19 has made it harder to meet you for a coffee, but I'm still available to help with your finance questions. If you want to get in touch, name the tech because we got it! (except fax...we don't got fax ) Email... Text Messenger Website forms Google Forms Phone call Yelling at from across the street Carrier pigeon (ok I made that up) Facebook/Instagram Note under door There's obviously lots going on in the finance world so don't sit there wondering about your options, contact me, get your questions answered...move on.

22.01.2022 Strange days but lending goes on. The mix of loans has changed a lot in 6 x months.

22.01.2022 If I had to guess, I reckon I'd have about a dozen conversation a week that starts like this... "I saw (Insert random bank) advertising an interest rate for (insert very low interest rate). I would like to finance my home loan" Firstly, it's great that people are looking for better value home loans, unfortunately, switching to a cheaper rate is not always possible ...or in your best interests...here's why!... 1) The bank's policies don't fit your circumstances e.g. the postcode is restricted or your borrowing capacity is limited (all banks calculate this differently) 2) The low interest rate is a 'Honeymoon Rate' and the real cost (comparison rate) is actually higher then what you currently have 3) The cost to refinance is too high, and the benefits are lost. This can occur when Lenders Mortgage Insurance is payable or you are breaking Fixed Interest Loan Having said that, you should always be on the lookout for a better deal, and at the very least, approach your existing lender regularly and show them what other banks are offering. If you want to compare your current loan to other lenders, here's a loan comparison tool to get you started... Alternatively, if you want to discuss further, the following link takes you to an online form, simply fill in the details and I'll be in touch. http://bit.ly/loansorted123

22.01.2022 New $25,000 Homebuilder grant! As expected we are getting unprecedented inquiries about the Homebuilder grant and are endeavouring to reply to emails/return phone calls as quickly as possible. Also... I've found there is a lot of misinformation out there about it.... Do not rely on info from a news article or similar. See below for the official treasury release which includes a fact sheet & FAQs. A few key points - It is available for non-first home buyers In SA, if you are a first home buyer, you get the current $15,000 as well as the $25,000 for a total of $40,000! You must sign a contract from today (45th of June) until the 31st of December 2020 If you want to chat about it further, follow the link below - https://www.loanmarket.com.au/brokers/mark-west https://treasury.gov.au/coronavirus/homebuilder

21.01.2022 "With interest rates locked in at a whisker above zero and with Reserve Bank assurances they'll stay put for the next four years it's little wonder buyers are scrambling for a piece of the action."

21.01.2022 You have...but have they? Give yourself a Christmas bonus by getting a lower rate on your home loan. Click the link to get started http://bit.ly/loan_sorted

20.01.2022 Don't panic is always the right advice, it's especially true with your superannuation.

20.01.2022 Congrats to these legends who have just completed the purchase of their funky new home. It's been a pleasure guys, thanks again for choosing Loan Market.

20.01.2022 If you take out an ALI Group Loan Protection Plan between now and 31 December 2019, you’ll get back two months’ worth of premiums on the first anniversary of your policy. Speak with me today to learn more about the offer and how Loan Protection Plan could provide you and your family with peace of mind. Find out more here - https://bit.ly/2oQdxAo. T&Cs apply.

20.01.2022 What the experts think about the First Home Loan Deposit Scheme... "A report from the Grattan Institute in September labelled the scheme counter-productive at worst and fatally flawed and warned it should not proceed as it is too small to help first-home buyers at present and would only push up prices if it were expanded".

18.01.2022 Worth a read if any of these apply to you; 1) Working from home 2) Receiving Jobkeeper 3) Have accessed your Super early... Minimising tax is one of our favourite Australian pastimes (I wanted to say dodging...but I won't) so make sure you're only claiming what you're allowed. This year the ATO will be trying to claw back a bit of the money being thrown around so get your excuses ready

17.01.2022 Timely liftout in the Sunday Mail, some good tips for managing finance in what will undoubtedly be testing times over the next few months.

17.01.2022 I'm seeing a lot of this. The accessing of super early (if ineligible) has more issues then just the fact you might have to pay it back; 1) You are going to find it very difficult to obtain finance. Lenders assume you are in financial distress if you have accessed you super. 2) It doesn't count as genuine savings. Even though it's your money, lenders don't include it in their calculations if you are required to prove genuine savings.... 3) If you do manage to convince a lender that you aren't in financial distress...then they are going to assume you weren't eligible to access your Super and will have to pay it back. No doubt lots more to come on this issue and it's going to be messy.

17.01.2022 A cashless society by 2022...

17.01.2022 I mean, if the government says you should...

16.01.2022 For those economically impacted by Covid-19, many lenders are allowing customers to defer their repayments for up to 6 x months. If you are considering this option, click the link below and see what effect it will have on your repayments.

16.01.2022 Hi all, we have a BIG favour to ask you all, but please don’t feel obliged. As you know, we are still open for business, and like many small businesses, we need your support right now. All it will take is 10 seconds of your time ... Could I please ask you to: Go to our Facebook page Go to COMMUNITY on the righthand side Click INVITE FRIENDS Click ALL By doing this you will make a significant difference to our business. cheers Mark

16.01.2022 "The regulator found one-in-six users had either become overdrawn, delayed bill payments or borrowed additional money because of a BNPL arrangement".

15.01.2022 Best part of the job...hats off to you Cody, you put in the hard yards and made it all happen, brilliant!

14.01.2022 There's two sides to this coin, but for mortgage holders, low rates look here to stay for a while yet.

14.01.2022 Rates on hold...for now. "However, markets are still anticipating a rate cut soon, with March seen as a 50/50 prospect, while traders are pricing in a two-thirds chance of interest rates being at 0.5 per cent or lower after April's RBA meeting."

14.01.2022 I often see this with clients who are struggling to save. Incredibly, they don't realise exactly how much is going on cigarettes. When I add it up for them they are genuinely shocked....not shocked enough to give up smoking mind you , but just shocked enough to consider "cutting back on the cigs for a bit".

13.01.2022 Exciting News!... lol just kidding, rates on hold same as last month and the month before and so on...

13.01.2022 Exciting news! due to the increasing demand for our services, we are now hiring. The position is permanent part-time, based in Clare with work hours of 9:00 am -3:00 pm weekdays. If you are interested (and we hope you are ), please click the link in the ad below and follow the prompts.

13.01.2022 Finance is boring, we totally get that. However, we love what we do because we get to be part of some of the biggest decisions our clients will make in their lifetime. A huge thank you to the awesome Bec and Aaron who met every challenge (there was plenty) with deadly focus and plenty of humour. Enjoy the beautiful new property guys.

11.01.2022 There are now interest free credit cards on offer from some major banks as they seek to compete with Afterpay. So...good thing or bad thing? Answer: Bad... So...does that mean Afterpay is better? Answer: Nope...bad as well. It's all credit (money you don't have) whether you're paying interest (or 'monthly charges') or not. Unless you need it for survival, you don't need it.

10.01.2022 Call me cynical but companies that rely on consumer debt (and people missing payments) to generate their profit, aren't really interested in you budgeting skills... "Afterpay built its business by getting consumers to take on debt, now it wants to help them budget"

10.01.2022 A better heading would be 'The difference between positive and negative gearing'. The question as to which one is better, depends entirely on your objectives.

10.01.2022 Not only are people actually reducing their spending on credit cards, they are at an increasing rate becoming more aggressive in seeking to work down their debt.

10.01.2022 This week is National Customer Services Manager Week. A big shout out to CSM extraordinaire Kirsty Gillings who's masterly grasp of back-office loan processing functions and saint-like tolerance of my sometimes shambolic process has added immense efficiency to our business. Thank you Kirsty!... #NationalCSMWeek2020

10.01.2022 Some more info on the extension of the Homebuilder Grant.

10.01.2022 "Locally, wages growth is barely registering, business investment is weak and most of the recovery has been driven by federal government stimulus"

09.01.2022 No surprises here, and a sure sign the short/medium expectations for the economy are bleh!

08.01.2022 Some tough discussions coming up this week with a moritorium on evictions and a directive from the PM for landlords and tenants to do this.. "We need landlords and tenants to sit down and come up with arrangements that enable them to get through this crisis."

07.01.2022 Want a hot deal on a home loan...you do, I know you do. Click the link and let's get this home loan party started. http://bit.ly/loan_sorted

07.01.2022 "The good news, at least for those mortgaged to the hilt, is that rates are likely to stay extremely low for a very long time. We're talking years, perhaps even a decade. Maybe even longer."

07.01.2022 Never knew this...but kinda makes sense. If anyone would like a better deal on their death pledge, let me know....some of the deals are to die for.

06.01.2022 According to Movember, men account for a reported 75% of all suicides in Australia. Our loan protection provider, ALI Group, have partnered with Movember this month to raise awareness and change the stigma around men’s health issues.

06.01.2022 The Governments new Homebuilder Scheme; *$25,000 grants to eligible homeowners, but recipients will need to spend at least $150,000 of their own money *Restricted to substantial renovations and the construction of new homes, with recipients required to spend at least $150,000 before being eligible.... *Not eligible for investment properties *New builds will be capped at $750,000, while renovations can cost anywhere between $150,000 and $750,000.

06.01.2022 Make use of you extended 'Couch Time' by getting your loans sorted. 1) Refinance to a lower interest rate 2) Receive up to $4000 cash with some lenders just by doing number 1... You take it easy, I do the work

05.01.2022 Decent number in anyone's language...

05.01.2022 Annual data by real estate analysts CoreLogic shows dwelling values in capital cities rose 2 per cent during 2020. That compares to an almost 7 per cent increase for regional markets. "Regional markets haven't outperformed the capital city markets since 2004," CoreLogic research director Tim Lawless said.

05.01.2022 This is great news, congratulations to Scott on his tireless work...

05.01.2022 Poor ATO...who could possibly have predicted demand would go up at the end of the financial year.

04.01.2022 Fascinating article explaining where the stimulus money is coming from...and how it's going to be paid back.

04.01.2022 Banks are solid, hope it stays that way.

04.01.2022 Being self employed, my boss expects me to do lots of after hours work... However, in all seriousness, I like the idea of employees (and employers) having a clear separation between work and home. For most of us, the Easter weekend is one of the rare times during the year when you can disconnect, refresh and recharge. It's good for you, it's good for the business you work for and it's good for your family to have you truly present.... In this article it is described as 'The right to disconnect'. Legislation or employment agreements that clearly articulate and support this are a good place to start.

04.01.2022 Thanks Jesse, really appreciate you and Jess for again trusting us with your finance requirements. I'm sure Lincoln will approve!

03.01.2022 CBA has copped a lot of criticism over the last couple of years and rightly so. However, they deserve credit where it's due. They have been front & centre with their support during the bush fire crisis and this latest initiative (Home Loan Compassionate Care) shows that they are listening and learning.

03.01.2022 Finally... Applications are now open for the Homebuilder Grants through Revenue SA. We have lots of clients who have been patiently waiting for this news so bear with us as we confirm the process with the lenders over the next few days. I will be in touch with everyone next week with clarity around the best way forward for each of your individual circumstances.... Some bedtime reading here in the meantime...

03.01.2022 Many people have asked for payment deferrals on home loans, as the deferral period comes to an end, some are asking for an extension. Analysis of these customers has found the following... "Of these customers we found: 40 per cent overstated their income in their mortgage application; 15 per cent understated other debts; 67 per cent are on [wage subsidy] JobKeeper; 25 per cent are on [unemployment benefit] JobSeeker."

03.01.2022 Keep control of your spending people, debt hangovers last a lot longer and hurt more than the other kind...

03.01.2022 "Everybody needs an emergency fund"...

02.01.2022 Myth's...busted!

02.01.2022 The Reserve Bank has just cut the base rate by 0.25 bps. Keep an eye on your lender to see if they pass the full rate cut on. * Update...CBA has just announced they have passed the full rate cut on, let's see who follows.

02.01.2022 BankSA are currently offering $4000 cash if you refinance your home loan. This offer is also available on their basic Home Loan which is currently at a tidy 2.99%. I've been advised that they are being inundated with applications so no doubt it won't last. Call me if you would like to see if you qualify... *min loan size $200,000 *click the link for terms and conditions

02.01.2022 No surprises here... "Analysis finds two-thirds of super withdrawals spent on discretionary items"

01.01.2022 Big thanks to Brett and the team at Clare Valley Toyota for the new wheels! Anyone who would like to help me pay for my new car, give me a call and I can help you arrange finance for your own new car.

01.01.2022 Exciting News! Linda and I would like to welcome Kirsty Gillings to the Loan Market team. Kirsty brings financial experience and a wealth of knowledge in customer service to her new role as Client Services Manager. Kirsty's primary responsibilities will be in processing client loan applications and post settlement customer care.... The extra capacity Kirsty brings to the business allows us to effectively deal with ongoing growth, while still providing a high quality service to our existing clients. Welcome Kirsty

01.01.2022 Be in the know...by reading this article You will learn some stuff and know some things.

01.01.2022 Some interesting insights into what we might expect from the property market in the near future.