Erik Reurts in Epping, New South Wales | Mortgage brokers

Erik Reurts

Locality: Epping, New South Wales

Phone: +61 416 179 876

Address: 5 Muriel Ave 2121 Epping, NSW, Australia

Website: http://micah.com.au

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• Financial service
• Loan service
• Mortgage brokers
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24.01.2022 . . If you haven’t set a money goal before (or you always seem to spend what you put away) there is a strategy to help you cross that savings finish line. Introducing the 5-step SMART strategy , , , , and . A simple way to set and achieve your goals. ... #MicahFinanceSolutions #MoneyTips #GoalSetting #Saving

24.01.2022 The mortgage market is competitive and always on the move. And things in your life are probably on the move too. My role as a mortgage broker is to ensure my clients have the right home loan to meet their needs. And as things change, either with your situation or with the lending landscape, a regular review makes sure that your loan is still the right fit. To get an idea of when it might be time to take a look around, our Mortgage Indicator is a super simple place to start - ...if you answer any of our questions below with a 'yes', then you're heading into the red zone where it is time for a quick catch-up to make sure your finance solution is still the right fit. The more questions you answer yes to, the more important it is to get cracking on a review. - Are you thinking about renovating your home? - Are you thinking about moving house or even caught yourself scanning real estate sites or the for sale section of the paper? - Has life changed for you since you took out your loan? Is your relationship status still the same, have you changed jobs or increased your salary or are there any new children in your home? - Do you have a few spare dollars each week you could use to pay down your home loan faster and save on repayments? - Do you have any money left over each month to potentially start a small investment fund? - Have you thought about consolidating your debts? If you have a credit card you just can't pay down or a car or personal loan, you might save by rolling these debts into one. - Are you concerned about being able to meet your current loan repayments? - Have a think about the questions above, and if you'd answer 'yes' to any of them, it's time to talk. A review of your finances is a quick and painless exercise and you know that I'll be going into bat for you. I'll do all the running around and negotiating with the lenders on your behalf, knowing which questions to ask and hunting down the features that will be of most benefit to you. Give me a call or shoot me a quick email and we can make a time to run through what's been happening and I'll get the ball rolling for you.

23.01.2022 Mistakes to avoid when purchasing a property: Your home is probably the biggest purchase of your life. It makes sense that you should give this decision the attention it deserves, and do your homework. Why then, do so many people get it wrong? Searching without getting finance approval...Continue reading

22.01.2022 In todays new car market, we are seeing low rate finance deals being offered by an ever increasing number of car dealers. Rates as low as 0% have been available in recent times. Before you rush out and sign on the dotted line, its important to understand what is happening behind the scenes. Click here to download my inside scoop on "Low interest car finance - is it really what it seems?" https://www.mortgageaustralia.com.au//lowinterestcarfinanc

22.01.2022 Discover the pros and cons of each type of home loan: There are literally hundreds of home loans available, with new products emerging all the time. A professional Mortgage Broker can recommend a loan for your particular needs, help you to complete the paperwork, professionally package it with your supporting documents and submit it to your chosen lender....Continue reading

21.01.2022 The strategic use of financial instruments, such as loans and investments, is key to the success of every business. #business #Businessfinance #FINANCIALEDUCATION #investment #MicahFinance #PROPERTY

21.01.2022 Do you know what your credit record says about you? Have you ever actually seen it? For many borrowers, it can be quite a surprise to learn that a few blotches have appeared over the years on their credit history report. ... Unfortunately, many are blissfully unaware until they apply for a home loan. Once your application has been lodged, it can be tricky to challenge your credit report and prove your worth to the lenders. Don't let this happen to you. Enrol in boot-camp today and get your credit record in shape - and the good news? You won't need to squeeze into the Lycra and start counting calories. 1) Review your credit record The first step is to get your hands on a copy of your credit history report. This can usually be done through your mortgage broker, or by directly contacting a Credit Reporting Body. There are quite a few companies who can provide your credit report to you, but the national bodies are: Veda, D&B, and Experian. 2) Challenge any discrepancies or misunderstandings If you think that there's a discrepancy on your credit history report, you can challenge these. The first step is usually to contact the company who added the incorrect information to your report, and see if they can amend it. Failing this, you can dispute the discrepancy through a Credit Reporting Body. 3) Be honest It pays to be upfront with your lender about anything on your credit report that could impact your ability to borrow. Most lenders are fairly strict, but some will take into account your explanation credit issues, and the steps you took to resolve them. 4) Cut down debt and credit Before you apply for a loan, try to reduce the amount of credit card debt - and also available credit that you have. Some borrowers are surprised to learn that a credit card with no debt owing at all - but with a high limit, can have an impact when being assessed for a loan. Try to reduce your limits wherever possible, or if you don't really use the card then consider cancelling it. 5) Know your finances Come to the first meeting with your lender or broker, prepared to explain your budget, expenses, income and your capacity to repay the loan. It's also important that you can demonstrate savings, as most lenders will require at least 5% of the purchase price in order to approve a loan. When it comes to the deposit, the more you can pay upfront, the greater your chances of being approved for a loan. If you can put down 20%, you will remove the need for Lenders Mortgage Insurance (LMI) which could represent significant savings for you.

19.01.2022 Switching home loans could help pay down your mortgage sooner, providing you are refinancing for the right reasons and understand whats involved. Heres our guide to refinancing to help you make the right move when the time comes. Know the costs: Paying 0.5 per cent less per annum on a $250,000 principal-and-interest mortgage could save you around $23,000 over the life of a 25-year loan. Thats a sizeable chunk of change back in your pocket over the long term, but there are ...Continue reading

17.01.2022 The truth about the real costs of borrowing - don't get caught short! Many borrowers I work with don't have a clear picture of the upfront costs they may be up for when taking out a home loan. As well as loan application fees, there are settlement fees, stamp duty, mortgage insurance and more.... Some of these can be added to the loan amount, but sometimes doing this can push you into a higher mortgage insurance bracket, resulting in even more fees! Knowing your fees is the first step, knowing how to manage them is the next. Have a look at my quick guide to knowing your costs. https://www.mortgageaustralia.com.au//f/borrowingcosts.pdf

17.01.2022 Great articcle by ME if you are thinking of refinancing.

16.01.2022 Would you like to improve the environmental efficiency of your home, save money on your energy bills and increase the value of your property? Our team can help arrange low-rate finance for energy efficient products. Our partners offer a fast, simple process and access to funds typically within 48 hours. Dont delay, get in touch today!

14.01.2022 Australians are enjoying the lowest interest rates in history. It is no coincidence that the growth of the Mortgage Broking industry has forced the big banks to compete for your business by lowering their interest rates. Without us, everyone will be paying more for their home loans. https://www.afgonline.com.au/broker/keep-competition-alive/

14.01.2022 It can be difficult to manage your finances when you're self-employed. Here's what independent contractors and freelancers should know about building a successful financial future. #FINANCIALEDUCATION #MicahFinance #Moneymanagement #Selfemployed

13.01.2022 Two new pages added to help our customer journey better and easier to understand. https://micah.com.au/application-to-settlement-process/

13.01.2022 How to save for your FIrst Home - without moving back to Mum and Dad: Are you trying to save up for your first home? There's so much to think about - not just an enormous deposit, but stamp duties, moving costs, conveyancing fees and loan costs all add up to quite a number. Saving such a large amount can be a tough slog. You try and put a bit away each week but unexpected things tend to pop up, and it can feel like you're not getting anywhere at all. But there are a few thing...s you can do to speed up your savings journey. 1. Cut your costs It's time to sit down with the calculator and work out just how much you spend - on what. It's all too easy these days to 'tap and go' when you make purchases, without really stopping to notice the cost. For example, you might be horrified to learn that you currently spend $900 per year on energy drinks. And that's not including your morning coffee. Wait until you're in the right mood - and then be brutal. It's time to work out where you can trim the fat. 2. Kill the credit cards Credit cards are expensive to keep - and they have a way of blossoming if you don't keep paying them off in full. If you have a credit card debt, get rid of it. Sell your old textbooks, get a Saturday job, do whatever it takes because this one isn't doing you any favours. Not only will a credit card accrue interest, your savings goals will be undermined if you have to keep making repayments on credit cards all the time. 3. Make a budget Write down what you earn. Then list all of your 'non-negotiable' expenses - like rent, groceries, bills, train fares etc. Deduct the non-negotiable expenses, and what you have left is your disposable income. Rather than disposing of it - try to save as much as possible. Make a plan for how much you can afford save each month. It might be a bit of a stretch some months if you receive a big bill - so try keeping a separate account where you save a small amount every week. That way, if you receive your car registration you can pay it without compromising on your savings that month. 4. Leave some room to breathe We all need a break occasionally, and it's important that your budget does include some room to breathe. You might need to buy new shoes for work, or a present for your sister's birthday. Don't make it so tight that you can't even go to the movies. Leave a bit of slack for those times when you really need to live a little. That way, you're more likely to reach your savings goal.

10.01.2022 Have you considered a second residence on your property? Home owners looking to invest in a rental property without taking on significant debt are finding a solution in their own backyard. The granny flat is regaining popularity as a solution to tight rental markets, an ageing population and metropolitan land shortages, thanks to more relaxed legislation in some parts of Australia....Continue reading

10.01.2022 Introducing the new home building methods that can save you a lot of time and money. In the past, prefabricated houses would connote images of tackiness and shipping container living, but prefab housing is now enjoying an avant-garde revival. Today's prefab houses consist of high end materials, follow strict green building practices and are designed by leading architects. Often they have substantially better thermal ratings than brick homes, meaning they actually cost a lot l...ess to heat and cool. Some new builders even start with a traditionally built lower floor, then build a prefabricated second floor, being less expensive and much faster than building a standard two-storey home. To find out more, download my short introductory PDF article to this style of home that is growing in popularity - Absolutely Prefabulous. https://www.mortgageaustralia.com.au//absolutelyprefabulou

08.01.2022 A has sound knowledge of finances, who can maximise your returns and make your money work hard for you. There are several reasons why hiring a good financial advisor has become need of the hour. 3 :... #2020Goals #finance #FinancialAdvisor #financialgoal #MicahFinance

07.01.2022 ? There are certain types of leadership that are considered indispensable. In no particular order, they are as follows: ... - #leadership #leadershipskills #MicahFinance

05.01.2022 Running a company is a constant source of new challenges. This is true regardless of how successful your company appears from the outside. Here are five of the top financial leadership lessons for business owners. 1. ... 2. - 3. 4. 5. #Businessfinance #Businessowner #FINANCIALEDUCATION #MicahFinance

04.01.2022 Discover how to turn your home equity into a better retirement for you. If you have equity stored away in your home, now could be the perfect time to tap into it for an investment property. Equity is simply the difference between the value of your home and what you owe on it. If you have a property valued at $500,000 and owe $200,000 on it, you have $300,000 equity available....Continue reading

02.01.2022 Technology has changed, and improved everyday life in general and the way companies conduct business. However, with FinTech, people can now easily access loans, mortgages, and so on without having to appear physically in a bank, or deal with the traditional financial institution. Here are the major trends that will dominate the financial industry: ... - #finance #FinTech #innovation #MicahFinance