Mortgage Choice in North Perth, Western Australia | Financial service

Mortgage Choice

Locality: North Perth, Western Australia

Phone: +61 8 6444 9633

Address: 424 Fitzgerald St 6006 North Perth, WA, Australia

Website: https://www.mortgagechoice.com.au/scott.gillespie

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25.01.2022 You don't need to leave your house to get a home loan approved. Get in touch online from the comfort of your home today.

25.01.2022 Whilst this is a UK article the ideas translate well to Australia. Many people think of a Reverse Mortgage for holidays and renovations - but it is a great tool to get rid of other debt that uses up your cash income.

25.01.2022 Be right back, were busy dreaming about escaping to the perfect Winter home! @joonaslinkola

24.01.2022 From concept to completion. Renew renovations are with you every step of the way, from initial construction through to the finishing touches. Photo: @thedesignory

24.01.2022 A good summary of the issues around reverse mortgages. We at RMFS can help you through the issues and minimise the risks and costs.

20.01.2022 Our clients certainly are not just waiting to die. There are many reasons our clients get a reverse mortgage.

18.01.2022 There may be no need to go through the trauma and worry of downsizing. This news story seems to give all the reasons not to downsize. With a well structured reverse mortgage maybe Mum could have stayed in her house.

17.01.2022 Buying your first home is a truly wonderful experience but there are several additional costs to consider and factor into your budget. Watch our market update with Jessica Darnbrough to find out more!

16.01.2022 Thinking of fixing, refinancing, or taking control of your finances? Our experts will work it out.

16.01.2022 Visited the new Arcare Warriewood today. Beautiful facility. I have realised I should have taken more pictures of the rooms, not just the building. Congratulations Arcare and thank you Tina Stearn for the tour.

16.01.2022 If you are retiring with a mortgage. Talk to us at Reverse Mortgage Finance Solutions. Ph. 1800 001 020. We may have a solution that saves you cash flow and allows you to live where you want for as long as you decide to!

15.01.2022 Stuck at home but not stuck with your mortgage!

15.01.2022 With official interest rates at historic lows, we are offering FREE Home Loan Health Checks.

15.01.2022 New Aged Care Loan ACFS has access to new loan for residential aged care residents. Lower interest rate than the MPIR. Pays RAD or a mix of RAD (minimum $200,00...0) and DAP. Perfect for any residents who may be in arrears with their aged care fees. Thus this product can be used to finance residential aged care costs. Ideal for those needing funding to pay for aged care in the long or even shorter term. Funds can also be used to renovate the house for sale or rent and pay aged care costs in the mean time. This is an opportunity for Aged care facilities to get residents to pay quickly. We usually settle in a few weeks. No waiting months for a house to sell to get the RAD. If they pay part DAP you will know they will not go into arrears as they have the finance arranged. This loan is perfect for a RAD / DAP split. For brochures or more information contact Raymond on 0438 184 784. See more

13.01.2022 A well set up reverse mortgage can supplement income for many years at a lower cost than many think.

13.01.2022 Interesting idea. But still some time away if it ever comes off for Reverse mortgages. But it could be a good investment strategy for someone who wants property exposure without having the capital to buy all of a property.

12.01.2022 A pretty fair article on Reverse mortgages in Australia. However there are lenders not listed in Canstar or in this article. You should consult a specialist broker in this market to make sure you are aware of all the products.

12.01.2022 Ever wondered what other Aussies really think about their finances? Check out the general thoughts here and find out if youre not alone! http://bit.ly/2ojohlr

11.01.2022 The new occupation lists are out, applicable from the 1st of July. Feel free to get in touch with us if you want to consider your visa pathway :)

11.01.2022 It is good policy to increase the number of in home care packages. It saves the government money, and people get to stay at home longer where they want to be. I...n the example given the lady tops up her package by $100 per week for extra services. Aged Care Finance Solutions can organise the cash flow to enable extra services. http://www.smh.com.au//the-reason-for-the-focus-on-home-ca See more

11.01.2022 Collaborate, create, construct, complete. Our extensive experience harnesses the best of both the interior design and construction worlds. We partner with you to create your vision that is best suited to your lifestyle and budget.

10.01.2022 This is a common story. We help hundreds of people a year to stay in their home and maintain their lifestyle.

09.01.2022 Another really Happy Client - I love the way they say Thank You. Feeling grateful for great clients.

09.01.2022 Aged Care finance is helps families hold on to assets. USE YOUR HOME PAY FOR AGED CARE. The cost may be less than you think.

08.01.2022 I am so pleased this post I made on Lost Australia with just 5000 likes last fortnight touched millions of people and with 12000 shares proves people are keen t...o learn about the First Australians. From the 770 comments made so far ,much can be garnered for support of whats already occurring in our school rooms across the country. The post is here if you are interested - https://www.facebook.com//a.312250795614/721688518004134/ In 1974, Norman Tindales indigenous map of Australia was published and 50 years of work recognised. At the same time, a new method of dating called carbon dating proved beyond all doubt what he had argued for decades; that the Aborigines had inhabited the Australian continent for tens of thousands of years today, it is known that they arrived on the continent over 50, 000 years ago. Yet still we dont educate our children of the traditional owners of the land. There were over 500 different clan groups or nations around the continent, many with distinctive cultures, beliefs and languages. Today, Indigenous people make up 2.4 per cent of the total Australian population (about 460,000 out of 22 million people). There were many different Aboriginal and Torres Strait Islander communities made up of people who spoke different languages with various cultural beliefs, practices and traditions. Before 1788 there were approximately 700 languages spoken throughout Australia with an estimated population of 750 000 people.

06.01.2022 You dont need to leave your house to get a home loan approved. Get in touch online from the comfort of your home today.

05.01.2022 Several scenarios that may be of interest to our clients. http://www.smh.com.au//should-we-sell-mums-house-when-she-

02.01.2022 Marguerite presenting the subject "Finance options for Seniors" to an interested group at the "University of the 3rd Age" at Burwood RSL club this morning.

01.01.2022 Reverse Mortgage and Age Pension Entitlements Many older Australians value their age pension payments. For the majority of recipients, the use of a reverse mort...gage will have no effect on current entitlements. Each age pension recipient is assessed on both their assets and income to determine their pension payment. Maximum assets for Full pension From 20 March 2020, pensions reduce when your assets are more the limit for your situation. Your situation Homeowner Non-homeowner Single $263,250 $473,750 Couple, combined $394,500 $605,000 Maximum assets for Part pensions From 20 March 2020, part pensions cancel when your assets are more than the limit for your situation. Your situation Homeowner Non-homeowner Single $578,250 $788,750 Couple, combined $869,500 $1,080,000 With a Reverse Mortgage, up to $40,000 is exempt from the assets test for up to 90 days, so the money needs to be spent within this time limit to avoid it becoming an assessable asset. If $50,000 is used for home repairs/maintenance on the principle place of residence, (an exempt asset), the monies spent will not be included as an asset. If the $50,000 is to pay for a new car, the value of that car then becomes a non-deemed asset. Advisers are required to have a discussion with potential borrowers about future needs and many discussions lead to having a Line of Credit structure into the loan facility to meet any future needs, if and when they may occur. From an age pension perspective, it is important to know that a Line of Credit is not regarded as an asset. Assessable income on financial assets The Government has amended deeming rates from 1st May 2020. Situation Deeming rate Single Lower rate: 0.25% on the first $51,800 of your investment assets, plus Upper rate: 2.25% on your investment assets over the amount of $51,800 Couple Lower rate: 0.25% on the first $86,200 of your combined investment assets, plus Upper rate: 2.25% on your investment assets over the amount of $86,200 Gifting Centrelink will assess any gifting amounts over $10,000 in one year, or $30,000 over 5 years. Amounts over these limits will be deemed. If a single person has no other assessable assets, it could be possible to use a reverse mortgage for gifting purposes of around $190,000, without affecting age pension entitlements. Centrelink is the ultimate source for determining age pension entitlements , but an adviser from RMFS will assist potential borrowers with basic information about their qualifications. It is important to ensure age pension recipients regularly update their information with Centrelink. In the first 3 months of 2020, our advisers have met 3 clients whose details have not been updated to reflect their circumstances, and have missed out on between $16,000 and $30,000 over the past 3 years. Are you eligible for the full age pension. From 20th March 2020, the full age pension is $944.30 p/f for a single and $711.80 each per couple. We recommend recipients check their payments to reflect their current asset and income position.

01.01.2022 Are they the places you expected? I was surprised at 2 of the top 3.

01.01.2022 We have the solution to these problems.