Moneyhive in Centennial Park | Mortgage brokers

Moneyhive

Locality: Centennial Park

Phone: +61 420 571 577

Address: 53 Moore Park Road 2021 Centennial Park, NSW, Australia

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

Likes: 86

Add/Update information

Reviews

Tags

• Property
• Mortgage brokers

24.01.2022 Could you benefit from the $25,000 Homebuilder stimulus package? https://moneyhive.com.au/learn-more-about-the-25k-homebuil/

23.01.2022 How To Manage Your Home Loan Through COVID-19: Consolidate High-Interest Debt We are all guilty of racking up a credit card or personal finance debt. This could be the perfect time to wipe the slate clean and amalgamate those high-interest rate debts into your refinanced low-interest home loan. moneyhive.com.au... #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing See more

23.01.2022 How To Manage Your Home Loan Through COVID-19: Release Some Equity If you have been paying your #mortgage for many years, you are sure to have built up a substantial amount of equity against your home. There may be surplus funds you can cash in from the #loan. If you are thinking about renovating your bathroom or putting on an extension to make life easier and increase the value of your home, this is the perfect opportunity. You can #refinance your #homeloan and use the su...rplus available to improve your home. Alternatively, you may want to use the funds to invest in the share market or keep as a rainy-day reserve for family. moneyhive.com.au #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing

23.01.2022 Some variables you will need to factor into your decision to #refinance include your current employment situation. Whether you are self-employed, unemployed, part-time, or full time will make a difference in your ability to obtain approval to refinance. Another factor is the valuation of your property. Many valuations are being scaled southwards now as valuers anticipate a future decline in the property market. This may affect your borrowing ratio, making the exercise potenti...ally fruitless and a waste of money. At #moneyhive, we realise that your situation is unique. Trust us to utilise our experience and relationship with over 30 #lenders to get the best #mortgage option for your family. Our wish is to level the playing field and help #Australian families save. Book a call with our growth experts here: http://ow.ly/kpRX50BAWwl #HomeLoan #HomeLoanRefinancing #COVID19

23.01.2022 Don’t just sit back and waste money. Speak to us and we can check your loan against others to find out how much we can save your family. On average, you could save up to 1.72% by refinancing your loan! Learn more about this option at moneyhive.com.au ... #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing

19.01.2022 How To Manage Your Home Loan Through COVID-19: Switching to Interest Only This can be a great strategy if you are short on #cashflow and need to have a period of reduced #mortgage repayments. You will not reduce the #loan principal over this period, however, you will be paying less each month. You should be careful with this option as it can move you backward, but it does have its benefits if managed well. ... moneyhive.com.au #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing

17.01.2022 With Interest rates at historical lows is now a good time to refinance? Claim your FREE 30 minute loan strategy review where we will: - understand your current position - Your goals and objectives... - deliver a personalised strategy for you and your family. Has your current bank offered a strategic review of your lending lately? A good loan strategy may reduce your loan repayments by thousands per month, reach out to me (Graeam) on 0420571577 #refinance #homeloans

17.01.2022 We love sending emails like this on a Friday - 'This rate reduction represents an annual interest savings of over $8,000 PER YEAR or $220,000 over the rest of your loan term.' We did not refinance the client and they achieved this whilst on a COVID19 deferred payment arrangement.... If you'd like to receive a discount like this on your existing loans then get in contact. We'd love to help from you.

16.01.2022 Looking to take advantage of the Instant Asset Write Off allowance of up to $150,000/item TFY and need finance for it? Then HURRY UP..... A lot of the lenders are saying they will not guarantee funding prior to the EOFY so you need to get your application approved ASAP. Another important point is that the facilities with the best rates (such as the CBA's 2.29% for green vehicles) are already saying they won't guarantee funding before June 30th...... ... Even for existing clients! Finance used to be a fast world. The current strict adherence to verification of the businesses current financial position will mean time lines for approvals have blown out. Unfortunately this extends to all forms of lending at the moment so it pays to get in contact with your Broker or Lender as soon as you are considering financing to ensure you are given reasonable terms. If you leave it too late you end up having to go to the 'just in time' lenders who charge a lot more for the same product. Although rates are cheap, financiers lending criteria's and time taken to access new loans can be time consuming, to put it kindly. On the plus side, it can save you thousands and maybe make your financial arrangements easier to use to ensure your future finances are in a stronger position. Want to know if you can access the current offers? Give us a call and we'd be happy to talk through your situation. We will then be truthful about how you can best navigate the current financial maze currently plaguing the banking world and how you can take advantage of it with out making false promises of easy access to credit. Give us a try, we only a phone call away.

15.01.2022 With Reserve Bank Governor Lowe confirming the cash rate, will stay at 0.25% for some time Our major banks have responded with some fantastic home loan rates. Take advantage of the all-time low home loan interest rates and Book a strategy call with one of our growth experts today

15.01.2022 In the current market, #lenders are offering cash incentives of up to $4000 or discounted fees depending on the amount you are borrowing and the percentage of the value of your home. You can really maximise on this offer, but you need to be aware of the fees and interest rates associated and balance them against the gain. #Moneyhive can help you with this as we have direct access to over 30 lenders. Talk to us to learn more about this option at moneyhive.com.au #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing

15.01.2022 Sectors of the Australian Property Market are showing signs of recovery as #COVID19 restrictions ease. A rebound was to be expected, as months of #buyer and #seller activity was put on hold to combat the pandemic. #Moneyhive #AUPropertyMarket

14.01.2022 The First Home Buyer incentives available at the moment are HUGE....... Check out the savings below. BUT YOU HAVE ACT QUICKLY AS THE OFFER ENDS 31st DECEMBER. PLUS .... The incentives are also available for MAJORLY renovated properties as well ....... But read the fine print on this part. Over the decades we have helped many people to turn their home ownership dream into reality. If you are dreaming about getting your first home but unsure how to do it then please get in contact as we'd be happy to help you (or someone you know) take advantage of this great offer.

14.01.2022 As Australia struggles through the COVID-19 crisis the Reserve Bank of Australia is trying to protect the economy by retaining record low cash rates. You can capitalise by refinancing your home loan to a fixed rate. You will pay less monthly and free up some cash flow for your family. Book a call with our growth experts today to discuss your options: http://ow.ly/l8Tu50BARsu

13.01.2022 #ANZ CEO Shayne Elliott has told parliament the bank believes house prices could fall by as much as 10% nationwide, and that the economy was unlikely to experience a fast or V-shaped recovery due to its reliance on immigration and free movement of people and goods. #moneyhive #COVID19 #HomeLoanAU

12.01.2022 One of the advantages of refinancing your mortgage to a lower interest rate is the reduction in monthly minimum repayments. This can be used to increase your family cash flow, or you can use the strategy to get ahead on your mortgage. By reducing the interest rate but keeping your monthly repayments at the level you are used to, you will literally cut years off your mortgage. Paying the loan faster than required directly reduces the total interest you pay and equates to you paying a higher proportion of principal each month. Considering this option? Book a call with us so we can help you with your home loan refinancing: http://ow.ly/jKSn50BAXp3 #HomeLoan #HomeLoanRefinancing #COVID19

11.01.2022 #Australia has experienced its largest rise in new #HomeLoan activity as easing restrictions and cheap rates prompt a surge in buying activity. Figures released by the Australian Bureau of Statistics show the value of new loans for owner-occupier housing jumped 10.7% in July from June, while investor lending climbed 3.5%. #moneyhive #COVID19

11.01.2022 EOFY Reminder - Only 4 business days left for any expenses to be included TFY

09.01.2022 It may have been years since you set up your #HomeLoan. Many things have changed and there may now be better deals available to save you #money. If you are thinking of this option, #moneyhive can help you! We can check your #loan against others to find out how much you and your family can save. moneyhive.com.au ... #Refinance #HomeLoanRefinancing See more

08.01.2022 We have just reviewed the interest savings we created for our clients over the first half of 2020 - January - 30th June - And we are happy to say the average interest savings achieved was 1.16%. Up from 1.08% for the 2019 Calendar year. NB - Business Loans are closer to 2% reductions + massive reductions in account fees. This would represent a savings of more than $120,000 over the life of $500,000 Loan.... As advised in our 'end of 2019 savings review', This savings is similar to the average Superannuation fund balance for women aged over 15 (the actual figure is $121,300 in 2018). What would you do with an extra $120,000? Extra funds for renovations, assist children's uni costs, investing, a holiday Any of theses options are possible as it was money they were going to have to pay this amount in interest anyhow!! Loyalty Taxes are still real and growing. If you have not reviewed or refinanced your loans in the last 18-24 months then you are most likely paying to much for your loan. Here's an idea of the deals we are obtaining for clients (subject to bank T and C's of course) - Home Loans from 2.19% Investment Home Loans from 2.39% Business loans (commercially Secured) from 2.59% Vehicle finance from 2.29% Cashflow lending from 4% What is loyalty tax? https://www.etax.com.au/loyalty-tax-what-is-it-and-how-to-/ Have a great weekend and please get in contact with us if you want to see how you can benefit from reviewing your loans.

06.01.2022 As the government encourages us to work from home and keep to ourselves, we all have more than ample time to focus on our homes. That and going crazy under each other’s feet. We’ve had time to revise the budget, assess the financial leaks, and contemplate tightening our belts ready for an uncertain future. This is where we at #moneyhive can help you. Check out this list of several strategies that could help you get ahead financially and take advantage of these crazy tim...es. See the full articles here: http://ow.ly/AHlq50BAS2P #HomeLoan #HomeLoanRefinancing #COVID19

05.01.2022 Checking with your #moneyhive #MortgageBroker to see if there are any better rates can be a quick and easy way to save. We have access to multiple lenders and may be able to find a better facility for you. Thinking of refinancing your home loan? Talk to our growth experts to learn more: http://ow.ly/uDQn50BAWo9 ... #HomeLoan #HomeLoanRefinancing #COVID19

05.01.2022 - First Home Buyers Deposit Schemes - If you use the 2019 scheme places then you can use the 2019 ATO payment summary which means you can proceed with the purchase NOW. If you apply for the 2020 placements then you will need to wait the issuance of the 2020 ATO Payment summary which takes up to 14 days to issue. Which means you will need to wait a couple of weeks atleast to be eligible for the 2020 scheme. Many banks are also saying they have no 2019 placements available but ...we know the banks that are still able to offer spots so get in contact if you'd like a hand accessing this offer. For the terms and conditions please contact us or refer to the governments website https://www.nhfic.gov.au/what-we-do/fhlds/

05.01.2022 When refinancing your #homeloan, your driving force may be to gain more flexibility in your #mortgage. This may equate to the loan you are looking for having weekly, fortnightly or monthly payment options which can coincide with your salary. There may be an account facility to offset against your mortgage interest. This would allow you to refinance and remove your equity, offsetting it against your mortgage until you use it, reducing the interest. With access to over 30 l...enders, we can find the loan with the right features for you. Talk to our growth experts to discuss your options at moneyhive.com.au. #MoneyhiveAU #HomeLoanAU #Refinance #HomeLoanRefinancing

03.01.2022 We have found that #Australians generally overpay on their #mortgage by way of high interest or excessive fees. Don’t let this happen to you. Talk to our growth experts to discuss your options. moneyhive.com.au... #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing See more

03.01.2022 Another advantage of #refinancing your #mortgage to a lower interest rate is the reduction in monthly minimum repayments. This can be used to increase your family #cashflow, or you can use the strategy to get ahead on your mortgage. By reducing the interest rate but keeping your monthly repayments at the level you are used to, you will literally cut years off your mortgage! Talk to us to learn more about this option at moneyhive.com.au ... #MoneyhiveAU #HomeLoan #Refinance #HomeLoanRefinancing

03.01.2022 The Federal Government handed down a record-breaking budget deficit last night in an attempt to stimulate the economy through the Covid19 economic crisis. The key highlights relevant for most people are as follows: Personal Income Tax Cuts and Offsets... Extension of Immediate Write-off for business assets until 30/6/22; Carry-Back of Company Losses; Jobmaker Hiring Credits & Apprentice Wage Subsidy; R&D Tax Incentive Changes; Personal Income Tax cuts and Offsets Backdated to 1/7/20 meaning tax withholding rate will change in the next few months (once legislation passed) and most taxpayers will receive year-end tax return refunds for the extra tax already paid this financial year; Upper tax bracket for 19% tax rate increased from $37,000 to $45,000; Upper tax bracket for 32.5% tax rate increased from $90,000 to $120,000; Taxpayers between $45,000-$90,000 will receive an extra $1,080; Taxpayers $120,000+ will receive an extra $2,565; Extension of low and middle income offsets of up to $1,080 Non-company business clients may receive an additional tax offset of up to $1,000 Extension of Immediate Write-off for business assets until 30/6/22; Immediate write-off extended to 30/6/22 (must be first used or installed); No cap on asset value; For Small/Medium businesses with < $50m turnover, asset can be new or second hand; For Large businesses with > $50m turnover, asset must be new only Carry-Back of Company Losses; A re-package of previous post-GFC (2013) measures; For Company clients only; Any Company that makes a tax loss in the 2021 or 2022 financial year is able to carry that loss back to the 2019, 2020 or 2021 financial year and offset the loss against prior year profits. No cap on losses to be carried back; Company will receive a tax refund in the 2021 or 2022 tax return; Losses cannot be carried back if there are insufficient franking credits available; This could present tax-planning opportunities for those clients wishing to use the immediate asset write-off provisions in the 2021 or 2022 financial years; Jobmaker Hiring Credits & Apprentice Wage Subsidy; 12-mothh wag subsidy to hire 16-35 year olds for at least 20hrs pow who are on Jobseeker; $200pw for under 30 and $100pw for those aged 30-35 50% wage subsidy for new apprentices R&D Tax Incentive Changes; Small companies (turnover < $20m) will have refundable R&D tax offset set at 18.5 percentage points above the company tax rate; No cap on annual cash refunds; Other measures: Granny Flat CGT exemptions; Reduced FBT record-keeping; FBT exemptions for training redeployed staff; Additional 2 x $250 Centrelink bonuses for people on certain Govt support; Please call your accountant to see how you can make the most of these changes. A big thank you to Peregrine Services(Chartered Accountants Southport) for providing the above snap shot for us. For a full review here's a link to Governments announcement - https://budget.gov.au/2020-21/content/overview.htm

02.01.2022 - TGIF - Hope everyone is enjoying the increased freedom and looking forward to a great weekend ahead. This week we saw a massive spike in EOFY equipment deals and the diference between financiers is really coming out at the moment. The biggest thing is pricing and how that relates to EOFY funding guarantees. Unsurprisingly, given the CBA's 2.29% vehicle finance rate offer it is little surprise that they will longer promise they will meet EOFY fundings and there are a number ...of banks following their example as time moves on. Unfortunately that means if you wanted to proceed with vehicle financing TFY then the rates on offer won't be the best in the market if you need finance prior to June 30th. Residential lending is also taking a little longer to process but there are green shoots that the acceptance of certain income types is slowly re-emerging and there is also a wider range of banks now accepting overs was income again. A number of banks are bank to 24-48 hour approval timelines which is great news for perspective buyers. All secured Interest rates are still fantastic if you can prove you are able to still service the debts. If you are still confident about your income then it is a great time to look at the option of refinancing...... but you need to under stand that loan processing time lines are extended at this point which isn't an issue when you are refinancing. If you are not so sure about your income going forward then talk with your bank about their COVID19 assistance packages, or convert the loan to an interest only repayment and/or look at the fixed rate options which may see your loan rate decrease to close to 2% for up to 3 years. That could save you thousands of dollars in interest and help your cashflow. As always, if you'd like to hear a little more about where financiers are with their products and services then please get in contact with Graeam 0420 571577 or Michael 0401853909 and have a great weekend.

01.01.2022 Checking with your #MortgageBroker to see if they have any better rates can be a quick and easy way to save on your #loan. They may be able to switch you to another loan type with minimal fees or assessments. Thinking of refinancing your home loan? Talk to our growth experts to learn more: http://ow.ly/wmfW50C0rJs ... #HomeLoan #HomeLoanRefinancing #COVID19 #Moneyhive

01.01.2022 #InterestRates have hit all-time lows. If you have not reviewed your finances in the last 6-12 months you could be leaving #money on the table. Reach out to our growth experts for a FREE lending strategy discussion: moneyhive.com.au #moneyhive #HomeLoanAU #COVID19