Uddhav Bhatta Origin Finance in Artarmon, New South Wales, Australia | Financial service

Uddhav Bhatta Origin Finance

Locality: Artarmon, New South Wales, Australia

Phone: +61 433 632 985

Address: 111 Hampden Rd NSW Artarmon, NSW, Australia

Website: www.originfinance.com.au/uddhav-bhatta

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25.01.2022 Uddhav Bhatta How to pay off your home loan sooner and save big bucks Most of the people dream of owning their own house and it’s a great feeling to get into your own house. But a feeling which is even better than that, is when you have paid your home loan off.... Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned. Small extra repayments One of the most obvious ways to pay off your home loan quicker is to make extra repayments. Depositing lump sums, such as a tax return or work bonus, will always be beneficial, however it doesn’t always take large amounts or windfalls to make a substantial difference planning for regular, small cash injections can have a great impact over the life of a loan. Let’s say we give an extra $50 a fortnight on a $500,000 loan, that saves you $32,000 of interest over the life of the loan which in turn will save you just over two years. That’s only $25 a week. Switch your payment intervals If you find that you don’t have the discipline to make extra repayments, then simply switching your payment structure can also help save years off your mortgage, as well as simplifying your finances if you are paid fortnightly. To explain, there are 12 months in a year but 13 four-week cycles, by switching your payment intervals from monthly to fortnightly, you are essentially paying off an extra month per year without even realizing that. Make sure you have the right type of loan Ensuring your loan allows extra repayments without penalty will let you to make the most of bonuses or funnel small extra payments to reduce the loan principle more quickly, saving on interest immediately, while an offset account will use your savings or living expenses to reduce your principle, while still allowing you to access these funds from a transaction account. This is what I have done to my loans, I’ve set the mortgage on my investment as interest-only, but I make the principle and interest payment equivalent by putting surplus rental income into an offset account, because interest is calculated daily but charged monthly, any money sitting in the account will help reduce the loan. Although you may have to pay extra fees for the offset or redraw account, these may well be lower amounts than the interest saved. Talking to a finance broker is the easiest way to work out whether this option is financially sound. Paying off your home loan faster isn’t difficult; however, it does require financial discipline and expertise in ensuring the right loan features are in place. Call/message me at 0433632985 for an obligation free discussion and I can match you to your perfect loan.

25.01.2022 Effective tomorrow, 20 March, the official cash rate will be slashed to a new record low of 0.25%. Further information, Please give me call on 0433 632 985. Lets have a chat how to take benefit of it.

25.01.2022 Opportunity for first home buyer!

24.01.2022 It is my pleasure to help my valued client. Theses are loans settled in the month of December. Many more are on process.My smart client has saved up to $58,000 on property bargain. If you would like to know give us call. More good and highly success stories are on the way. Trusted Financial advisor Uddhav bhatta- 0433632985.

24.01.2022 Are you looking to pay less interest? Some people are savvy researchers and will want to take advantage of a lower interest rate from another lender should that be available to reduce repayments. If you aim for a lower interest rate, this could potentially save you a lot of money in the long term. While saving money is often one of the biggest benefits of refinancing, it may not be as straightforward as that and careful consideration is required. At this point, the broker wil...l need to find out about your existing loan, repayments and current loan structure. Your mortgage broker will also need to find out more about your current financial situation, including your income, any other current debts and about any assets you own. The current value of the property is also taken into consideration, so your broker will have access to current data that will indicate what your property is likely to be worth. The broker will then review the various loan options and figure out whether it’s worth it for you to refinance. Sometimes it’s not worth it if it’s only going to save a couple of hundred dollars a year, particularly when you take into consideration the exit and application fees involved. But if it’s going to save upward of $1,000 a year, refinancing might be a sensible approach. In some cases, the mortgage broker can tell you if getting a lower interest rate from your current lender can be achieved without refinancing. See more

24.01.2022 Are you first home buyer, we provide expert home loan advice. We are fast, reliable, free services and experienced professionals. We help you to search property and provide profile report of property. More than 35 lenders (bank and non-bank) in one place and write a loan for you. Please give me call on 0433632985.... Uddhav Bhatta is a credit representative (508260) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237).

24.01.2022 When is the best time to refinance your home loan? As a home owner with a mortgage, chances are you’ve heard of the term 'refinancing'. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay down your mortgage more quickly. Another common reason borrower look to refinance is so that they can acces...s equity the amount you'd get from selling your home after settling any associated loans, such as a mortgage on that property, and any other costs associated with the property. Depending on that amount, you may be able to access equity in the property without having to sell it, for example, to make home renovations or to buy an investment property. The current value of the property is also taken into consideration, so we will have access to current data that will indicate what your property is likely to be worth. Have your circumstances changed? If you had a recent major life change such as a because of a loss of income or a change in marital status, you might be looking to refinance. If you want to refinance to lower lending costs to help you manage your monthly repayments, speak to us we can negotiate with your current lender for a rate suitable to your current situation. We can also help you look at alternate options to consolidate your personal loans and credit cards into the one loan. This could help you in lowering your monthly repayments, or help you keep your repayments on time and even save you interest in the long-term. The key is to speak to us We have access to many lenders and their products and has the expertise to help you through the refinance application process.

23.01.2022 What comes first: the property or the loan? If you don’t have financing to pay for your property, you run the risk of forfeiting your initial 10 per cent non-refundable deposit you need to put down to secure the property. This may differ depending on what state you live in, but the point is it always pays to be organised and have pre-approval in place. Saving home loan applications to the last minute also leaves less time to find the most suitable loan and have it approved ahead of settlement. You can contact me on 0433 632 985.

22.01.2022 How to pay off your home loan faster and save big bucks. Reducing the life of your loan isn’t difficult; there are many simple things you can do to cut years off your mortgage. Here are some tips that will help you be mortgage-free sooner than planned. Small extra repayments... One of the most obvious ways to pay off your home loan quicker is to make extra repayments. Depositing lump sums, such as a tax return or work bonus, will always be beneficial, however it doesn’t always take large amounts or windfalls to make a substantial difference planning for regular, small cash injections can have a great impact over the life of a loan. Let’s say we give an extra $50 a fortnight on a $500,000 loan, that saves you $32,000 of interest over the life of the loan which in turn will save you just over two years, explains the finance broker. That’s only $25 a week. Switch your payment intervals If you find that you don’t have the discipline to make extra repayments, then simply switching your payment structure can also help save years off your mortgage, as well as simplifying your finances if you are paid fortnightly. Because there are 12 months in a year but 13 four-week cycles, by switching your payment intervals from monthly to fortnightly, you are essentially paying off an extra month per year. Make sure you have the right type of loan Ensuring your loan allows extra repayments without penalty will let you to make the most of bonuses or funnel small extra payments to reduce the loan principle more quickly, saving on interest immediately, while an offset account will use your savings or living expenses to reduce your principle, while still allowing you to access these funds from a transaction account. Although you may have to pay extra fees for the offset or redraw account, these may well be lower amounts than the interest saved. Ring me on 0433 632 985, for more details.

21.01.2022 Feed back from client!!

21.01.2022 Loan for First Home Buyer. Finance for your First Home Origin Finance makes it easier to buy your first home sooner, with our flexible home loan products. You can borrow up to 95% of the property value. We help to ensure you can afford the repayments and have funds to cover the transaction costs. We’ll even help you with your First Home Owner Grant application! Need Your First Home Loan? Buying your first home is exciting and a little scary at the same time. Not only are you ...Continue reading

21.01.2022 When should I find a finance broker? Saving for a home? If you haven’t met with a finance broker yet, you’re doing it wrong. Here’s why. When saving a deposit to buy a home, many people have a goal amount in mind that they need to save before they meet with a finance broker who will help them secure the finance.... If this is you, you’re doing it wrong. From day one, when you first think ‘I could maybe buy a house if I worked hard and saved a lot’, you’re ready to have a finance broker on your side. A finance broker’s knowledge of the loan and property market will help you work out how much you will be able to borrow, which determines the size of the deposit you will need to save. They will also be able to help you develop a realistic timeline to save your deposit and find ways to pay down debts faster, and provide creative solutions that will help reach your goals sooner. You may also be pleasantly surprised to find that you are closer to your goal than you thought. The tools in a finance broker’s belt that can help you realize your dreams more quickly and efficiently include lender’s mortgage insurance, specialist lending products, land loans and, for investors predicting significant rises in property prices, interest-only loans.

21.01.2022 https://player.whooshkaa.com/episode?id=756775

20.01.2022 As you may have heard, over the past 12 months there has been a Royal Commission into Misconduct into Banking, Superannuation and Financial Services. On Monday 4 February, the Government released the Final Report which contained recommendations around mortgage brokers which you may have read about. You may have heard about the recommendation that customers could pay a fee for service for my services to you as your mortgage broker. The service we provide you, our valued clie...nts has not changed. My services as a mortgage broker to you, continues to be at no charge. I am a licensed professional and under the law disclose to you all fees and commissions I earn in conjunction with the work I do on your behalf. Customers are the cornerstone of our business and to put it simply, without you, we don’t exist. I wanted to let you know there is no fee to use me as your mortgage broker currently. If you would like to know more about the Royal Commission Final Report or if you wish to review your finance needs please don’t hesitate to call me on 0433632985. Kind Regards, Uddhav Bhatta

18.01.2022 #Rescue at @Mount Everest 8848M The #Mount #Everest is the highest peak of the #World 29028ft. (#8848M.) through which the climbing toppers feel themselves as t...he most proud and adventurous person of the World. Sir Edmond Hillary and Late Tenzing Norge Sherpa first climbed this peak in May 29, 1953, after their long time's effort. #Everest #Base #camp is situated on the north of Khumbu glacier at high of 18000ft. All the international Mt. #Everest climbers assemble here during the starting and at the ending time of their climbing. Normally the climbing duration of this expedition lasts for 90 days. All the climbers who mass there at the base camp seem really busy with excitement for the preparation of their expedition to reach on the summit. North Face Tents Some climbers climb this mountain on their own risk without any climbing Sherpa guide; and some climbers go with their own climbing Sherpa guide. Most of the teams carry out their own Internet, Satellite phone, Medical Doctor and rest of the modern requirement.

18.01.2022 Despite some of the predictions about a cut for May, the Reserve Bank has decided to leave the official cash unchanged at 1.50 per cent for the 32nd consecutive month.

17.01.2022 Fantastic day to begin. I heard from FHB . !! We guide our client from beginning.

17.01.2022 Please have your say.

17.01.2022 I love helping first home buyers. First home buyer need more help. I love sharing my personal tips on process and structure to get things moving. I even will help with the property search as required. Contact me to get started.

17.01.2022 The Reserve Bank of Australia has announced that in its Board meeting today, it has decided to decrease the cash rate to 0.50%. If you would like to know how this change will affect you and your loan, please give me a call to discuss. 0433 632 985.

17.01.2022 What comes first: the property or the loan? It’s easy to get carried away with the fun part of buying a property- looking at houses. But delaying the less compelling task of arranging finance will weaken your negotiating position on both the property and the loan. Gaining pre-approval with a lender will give you confidence about how much you can afford to borrow. I can help. ... Call me on 0433 632 985. See more

17.01.2022 The RBA decided to cut the official cash rate to a new record-low level of 1.0 per cent on 02 july 2019

17.01.2022 Who are the different parties involved in purchasing property? Purchasing a property is a thrilling yet nerve-wracking experience, which is why it can be handy to surround yourself with a network of support and expertise. Here are the different parties who may be involved in your home-buying process and how you can use this valuable knowledge base to answer your questions. Finance broker... Brokers act as a liaison between you and the lender. They will find out about your finances and your property goals, and search for and negotiate a loan product that matches your needs. Not only will they do the legwork and ensure your loan is processed as smoothly as possible, but they are there to guide you throughout the entire process. Real estate agent Unless you’re working with a private vendor, meeting a real estate agent is inevitable when it comes to purchasing a property. Hired by the vendor, or seller, their role is to market and communicate about the property, advise on preparing it for sale and negotiate with potential buyers. Insurance companies Risk management is vital in such a high-value purchase and long-term financial commitment. Insurance, including mortgage protection and property insurance, will help you avoid being hit with a major financial burden should anything not go according to plan. Conveyancer The legal aspect of a property purchase is taken care by a licensed and qualified conveyancer. If they are a solicitor, they can also provide legal advice. Valuer Knowing the value of a property is a vital factor in a loan application, so a valuer can play a huge role in the home-buying process. A lender will often engage an impartial valuer to ensure that the buyer and the lender will know what loan amount may be warranted. Pest and building inspectors Without the services of pest and building inspectors, a homebuyer’s worst nightmare finding out the property they have bought requires costly renovations or pest treatment may come true. Lenders If you need money to make your purchase, you will need a lender, whether it’s a major bank, a second-tier or non-major, or a specialist lender for more difficult funding proposals.

15.01.2022 Good opportunity for First home buyer. 1. If you buying land up to $400,000 and new home up to $800,000. No stamp duty. 2. Land $400k to 500k stamp duty with concessions. New home $800k to 1mil.... 3. Start from 1 august 2020. Other benefits remain the same. Further queries, Give a buzz on 0433632985. Do you want to know how much you save $$$$$. Give me call. Happy to make you benefited. TIA

14.01.2022 First Home Buyers. Grab your opportunity.

14.01.2022 What comes first: the property or the loan? Looking for a property to purchase is an exciting time. Choices regarding location, size, number of rooms and local amenities often see house hunters carried away in a deluge of daydreams and anticipation. First and foremost you need to determine if you’re eligible to borrow money from a lender. Your ability to repay the loan will need to be assessed you don’t what to find out after you’ve made an offer that your credit history or... deposit is not up to scratch. Call me on 0433 632 985. See more

13.01.2022 Lane cove festival

12.01.2022 Wanna rap up quick as soon as possible!

11.01.2022 Great Deal! 1. Interest Rate starting from 3.48% and comparison rate 4.25%. 2. Cash Back up to $2,000 for Refinance your loan. 3. Cash Back for first home buyer. 4. Velocity points equals to flight to New York , Bali.... Please give me call on 0433 632 985 for further information. Note- term and condition apply. I love to make good deal. I serve few customers EVERY DAY. 99% satisfied customer.

11.01.2022 Credit adviser or bank? When you’re looking for a home loan, you could go to a credit adviser or to a bank. While a bank will only offer you its own products, a credit adviser is an industry expert who will take the guesswork out of finding the mortgage or finance product that suits you and your needs. It’s understandable that credit advisers are now the number one choice for one in every two consumers who are seeking a home loan or to refinance an existing loan. Businesses ...are also engaging credit advisers to help them with their finance needs from car and equipment leasing to loans to help their businesses expand. What can a credit adviser do for you? The leg-work Credit advisers already know the industry, the lenders, their products and their requirements, saving you a lot of time and energy on research. They will also put the time into finding out about your particular credit situation and have a wealth of experience to draw on to help you simplify it. Translate industry jargon Credit advisers are able to make sense of what the loan documents and lenders are saying put it into lay-person’s language, so to speak. Get you what you want Advisers will determine your borrowing needs and fiscal ability, and choose the best product to suit your requirements. Give you a broader choice Being brokers, credit advisers have to offer a larger selection of loan products. While a bank can only offer you its own products, credit advisers can help you choose from a selection of loans provided by different lenders. Help you compare apples, oranges and the whole fruit basket Credit advisers have the knowledge and tools to compare hundreds of products and you get the right loan for your circumstances and needs. Find you a good deal Loan providers are always sprucing a special deal or two, and these could make a big difference to your repayments or success rate. A credit adviser will know which of the deals on the market at the moment is right for you. Act as your advocate A good credit adviser wants the best for you, the client. They will be your cheer squad, middle-man, team player and coach throughout the process.

11.01.2022 In NSW, that means first home buyers building a new home could get $35,000 in grants to build and stamp duty concessions when the $25,000 grant is combined with existing state schemes.

11.01.2022 What comes first: the property or the loan? Sellers are most interested in completing their sale fuss-free and with steadfast funding, and showing that you are capable of both will help put you at the top of a potentially competitive list of applicants. In the instance that you find and secure purchase of a home without having your loan pre-approved by a lender, there are a few pitfalls that you risk running into. Give me a call to get started 0433 632 985.

10.01.2022 It was fantastic to catch up with industry expert.

10.01.2022 Congratulations to our lucky couple first home buyer. Made a really good deal. # good negotiation on price# cash back#low rates.

10.01.2022 What comes first: the property or the loan? Arranging finance before finding the perfect property will put you in a good position when it comes time to make an offer. When you do find the house you have always wanted, you can present to the seller and estate agent as a prepared applicant who is serious and reliable. It shows you mean business, and gives them peace of mind that your financing will not fall through. Don’t be afraid to let the selling agent know you have condi...tional loan approval in place. Call me to get started on 0433 632 985. See more

09.01.2022 Congratulations to my smart and hardworking clients. $, $ , deal ! I am very happy to help through out all loan process and help where necessary. I wish him to make $1.5 mil in few years. We serve you by example. Please give me call on 0433642985. Uddhav Bhatta.

09.01.2022 As widely anticipated the RBA has decided to lower the official cash rate by 25 basis points to 1.25 per cent. This is the first time the interest rate has been changed since it was cut in August 2016.

09.01.2022 Are you eligible? To know give me buzz.

08.01.2022 What a great week. Five lead settled in a week. Hard and honest work pay off. Thanking you once again for trusting me . More update coming. We believe on quality service and saving for client.

08.01.2022 When is the best time to refinance your home loan? As a home owner with a mortgage, chances are you’ve heard of the term 'refinancing'. Refinancing involves reviewing your current mortgage, and potentially swapping your loan to another lender who can better meet your current needs, wants and circumstances. Refinancing can also allow you to consolidate your debts or pay down your mortgage more quickly. Another common reason borrower look to refinance is so that they can access... equity the amount you'd get from selling your home after settling any associated loans, such as a mortgage on that property, and any other costs associated with the property. Depending on that amount, you may be able to access equity in the property without having to sell it, for example, to make home renovations or to buy an investment property. The current value of the property is also taken into consideration, so we will have access to current data that will indicate what your property is likely to be worth. Have your circumstances changed? If you had a recent major life change such as a because of a loss of income or a change in marital status, you might be looking to refinance. If you want to refinance to lower lending costs to help you manage your monthly repayments, speak to us we can negotiate with your current lender for a rate suitable to your current situation. We can also help you look at alternate options to consolidate your personal loans and credit cards into the one loan. This could help you in lowering your monthly repayments, or help you keep your repayments on time and even save you interest in the long-term. The key is to speak to us We have access to many lenders and their products and has the expertise to help you through the refinance application process. Give call on - 0433632985. [email protected].

08.01.2022 Helping First home buyers house inspection. #fun house hunting #negotiation # property report.

07.01.2022 Details of the First Home Loans Deposit Scheme Jan 2020. Only a week to go! Property price thresholds To ensure the Scheme is only available for the purchase of a modest home, or the purchase of land and construction of a modest home, the following property price thresholds (maximum property purchase price under the Scheme) will apply in capital cities, large regional centres and regional areas:... Region ID Region Price Cap ($AUD) 1 NSW - capital city $700,000 2 NSW - regional centre (Newcastle and Lake Macquarie) $700,000 3 NSW regional centre (Illawarra) $700,000 4 NSW other $450,000 5 VIC capital city $600,000 6 VIC regional centre (Geelong) $600,000 7 VIC other $375,000 8 QLD capital city $475,000 9 QLD regional centre (Gold Coast) $475,000 10 QLD regional centre (Sunshine Coast) $475,000 11 QLD other $400,000 12 WA capital city $400,000 13 WA other $300,000 14 SA capital city $400,000 15 SA other $250,000 16 TAS capital city $400,000 17 TAS other $300,000 18 ACT $500,000 19 Northern Territory $375,000 20 Jervis Bay Territory & Norfolk Island $450,000 21 Christmas Island & Cocos (Keeling) Island $300,000 The capital city price caps will apply to large regional centres with a population over 250,000 (the Gold Coast, Newcastle and Lake Macquarie, the Sunshine Coast, Illawarra (Wollongong) and Geelong), recognising that dwellings in large regional centres tend to be significantly more expensive than other regional areas. Search property price thresholds NHFIC has developed a tool to help first home buyers find out the property price threshold for the suburb in which they are looking to purchase a property. Simply enter the postcode or suburb of the property in the box below to display the relevant property price threshold.

06.01.2022 Helping client for house inspection!

06.01.2022 What you think about these suburbs!

05.01.2022 Current Property analysis by expert CoreLogic. It may help you take good decisions. For details give me call.

05.01.2022 GOOD NEWS FOR FIRST HOME BUYERS!! Over the weekend, Mr Morrison announced that his party plans to allow first home buyers to access 95 per cent loan-to-value ratio mortgages. The First Home Loan Deposit Scheme, which will partner with private lenders, will be available to first home buyers who have been able to save a deposit of at least 5 per cent.... The scheme will also partner with smaller lenders in a bid to boost competition, according to the Liberal Party.It would seek to make the First Home Loan Deposit Scheme available to FHBs earning up to $125,000 annually or $200,000 for couples. The scheme would commence from 1 January 2020. Shadow treasurer Chris Bowen said Labor will match this commitment if it is elected to govern. Source: Accountant daily.

04.01.2022 How to avoid paying too much for a home. Comparing nearby properties that have sold recently is the best way to assess an acceptable price for the property you are looking at and provides a valuable bargaining tool when you are negotiating with a seller or agent. Make sure the properties are comparable, with a similar land size and number of bedrooms, for example, so you aren’t measuring apples against oranges. Your mortgage broker can give you a list of sales in the area an...d then you can drive around and look online to do a quick comparison. If you can find one or two similar properties then you can be sure of what the property is worth, advises the finance broker. Keep in mind current market conditions The property market is always changing, so doing this research once and sitting on it for a few months will offer little help. Going to open homes and auctions regularly will give you insight into the current state of the market and how much certain properties are going for. Expand your search My number one tip is to look at properties in the suburb next to the one that you want, says the finance broker. We find that first-home buyers in particular usually end up buying in the more affordable suburb next door to the one that they first wanted to buy in. Don’t exceed your financial capacity Even if a lender approves you for a particular loan amount, it doesn’t mean you have to accept it a higher loan amount means higher interest charges over the life of the loan, increasing the total cost of the property purchase, so only ever commit to a loan that you can afford alongside your current income and real expenditure. When calculating figures for the price of a home, ensure you also budget for maintenance and repair costs, as well as any other expertise you may require in the purchasing process.

04.01.2022 When Would I Refinance My Mortgage? Whenever it makes financial sense to do so. Heard about mortgage refinancing? In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. ... Mortgage refinancing reasons: lower rate The most common reason for people to refinance their mortgage is to get a better deal. But be careful you don’t become interest rate-fixated. When you refinance your home loan, you need to consider fees and charges as well as the interest rate. You often have to pay charges for exiting your current home loan, plus charges for taking out the new mortgage. Mortgage refinancing reasons: more flexibility Many people only discover the full details about their mortgage when it’s too late. They try to do something and get told by their lender that either they can’t do it, or they will incur a hefty charge if they do. An example is a redraw facility the ability to pay extra money into a mortgage and then redraw it later. Mortgage refinancing reasons: renovation If you carry out renovations, it often makes sense to refinance your mortgage and take out a construction loan so you only pay interest as building progresses. Once construction is over, it might make sense to refinance your home loan again so that you consolidate the total amount you owe into a loan that minimizes your interest bill, while giving you a degree of liquidity. Mortgage refinancing reasons: home equity Over recent years in the property market houses have appreciated at a significant rate. e.g. a home you bought for $300,000 five years ago, might now be worth $500,000. Refinancing your mortgage with a home equity loan might let you tap into that extra $200,000 equity. Mortgage refinancing reasons: defaulting Some people find they have borrowed more than they can comfortably repay, and they’re in danger of defaulting. There’s no shame in that. But don’t suffer in silence. If you’re having trouble making your mortgage repayments. Call me on 0433632985.

04.01.2022 Who are the different parties involved in purchasing property? Finance broker Brokers act as a liaison between you and the lender. They will find out about your finances and your property goals, and search for and negotiate a loan product that matches your needs. Not only will they do the legwork and ensure your loan is processed as smoothly as possible, but they are there to guide you throughout the entire process.... Real estate agent Unless you’re working with a private vendor, meeting a real estate agent is inevitable when it comes to purchasing a property. Insurance companies Risk management is vital in such a high-value purchase and long-term financial commitment. Insurance, including mortgage protection and property insurance, will help you avoid being hit with a major financial burden should anything not go according to plan. Many finance brokers can deal with insurance as well or will recommend an insurance broker who can. Conveyancer The legal aspect of a property purchase is taken care by a licensed and qualified conveyancer. If they are a solicitor, they can also provide legal advice. Valuer Knowing the value of a property is a vital factor in a loan application, so a valuer can play a huge role in the home-buying process. Pest and building inspectors Without the services of pest and building inspectors, a home buyer's worst nightmare finding out the property they have bought requires costly renovations or pest treatment may come true. Lenders If you need money to make your purchase, you will need a lender, whether it’s a major bank, a second-tier or non-major, or a specialist lender.

03.01.2022 How to avoid paying LMI ? Lender’s mortgage insurance (LMI) is required in many instances when a loan is worth more than 80 per cent of a property’s purchase price, as well as in some other circumstances. In very basic terms, when a lender considers a loan to carry a high risk, LMI is likely payable. Here’s how you can avoid paying the costly premium. Save for a higher deposit.... The purpose of LMI is to protect lenders in case the borrower fails to make repayments and, when the loan-to-valuation ratio (LVR) exceeds 80 per cent, so the loan amount is more than 80 per cent of the value of the property being mortgaged, the risk of a lender not recouping their costs should the borrower default is increased. A higher deposit means a smaller loan amount, so will decrease the LVR and the perceived risk, and may be the key to avoiding paying LMI. Get a guarantor If you don’t have the financial capacity to meet a 20 per cent deposit but still want to avoid LMI, you do have the option of getting a guarantor on your loan. Normally a close relative, such as a parent, guarantors can use the equity in their property to help you secure yours. In some instances, having a guarantor on your loan may mean that you won’t need a deposit at all. Take advantage of professional benefits. Although special offers based on the borrower’s profession are not limited to medical professionals, doctors are the big winners when it comes to waived LMI fees. Due to the perceived stability and high income, some lenders consider professionals earning a minimum of $150,000 a year as ‘low risk’ borrowers and therefore offer them special loan benefits. Give me call on 0433 632 985 if you have further enquirers.

03.01.2022 First Home Buyers are set to rush to the market thanks to a new government scheme which goes live in a few weeks. But with the scheme only available for 10,000 homes a year, Australians are being encouraged to get their act together to avoid being pipped to the post. The First Home Loan Deposit Scheme comes into force on 1 January 2020 and is aimed at assisting low and middle incomes get on the property ladder often with as little a deposit as 5 per cent.... The program will be open to singles with a taxable income up to $125,000 per year and couples earning less than $200,000 per year, and will apply to owner-occupied loans on a principal and interest basis. But it is not yet confirmed which banks will be involved in the scheme though it is known that only 50 per cent of loans will go through the Big Four, Even before the scheme comes into force, there has been a surge in first home buyer activity and Australians are being encouraged to get ready to make an application or miss out In Sydney and Melbourne, first home buyers now comprise more than 25 and 30 per cent of their respective owner occupier markets; more than double the proportion of first home buyers prior to the market peak. And, the scheme is likely to add more fuel to the fire. Wannabe first home-owners are being encouraged to get themselves ready to avoid missing out. Keep expenditure to the bare essentials those likely to miss out under the scheme are likely to be those who can’t prove they have got a grip on the household budget Keep Christmas and holiday expenditure to the minimum the scheme kicks off in 1 January and those who have blown it during the break will be beaten to the punch by those who can demonstrate financial discipline Keep your job otherwise you may have to wait till you complete your probationary period and miss the boat Minimise your credit limit having a $50k platinum Amex may be good for your ego. But the banks see that as an opportunity for you to get further into hock and may they may will reduce your mortgage limit accordingly Save, save, save sure you can borrow up to 95 per cent of the purchase price without having to pay lenders mortgage insurance. But the banks still prefer borrowers who can save. In a few weeks, the First Home Loan Deposit Scheme is likely to add kero to the fire of a hot market for homes less than $700,000. First home buyers who don’t get their act together now are likely to miss the boat If you want to know more about the First Home Loan Deposit Scheme and how you can get help buying your first property, please give me 0n 0433632985 or call your Origin Finance broker on 1300 30 67 67/

03.01.2022 Thank you !! Appreciated.

03.01.2022 Q: What is the First Home Loan Deposit Scheme? The Australian Government has introduced the Scheme to assist eligible first home buyers to purchase a home sooner. It does this by providing a guarantee to participating lenders that will allow eligible first home buyers to purchase a home with a deposit of as little as 5 per cent without needing to pay for lenders mortgage insurance. The Australian Government will operate the Scheme through the National Housing Finance and Inve...stment Corporation (NHFIC). Q: Do I get a cash payment? No, the guarantee is not a cash payment or a deposit for your home loan. Q: What is the guarantee? The Australian Government provides a guarantee on an eligible loan for an eligible first home buyer to a participating lender. The guaranteed amount is the difference between the first home buyer’s deposit (of at least 5 per cent) and 20 per cent of the value of the eligible property. It is similar to parental or family guarantees which already exist, but in this case NHFIC acts as the guarantor. Q: Am I eligible for the First Home Loan Deposit Scheme? There are a range of eligibility criteria for the Scheme that cover: Borrower eligibility Loan eligibility Property eligibility You can find out more on NHFIC’s website at https://www.nhfic.gov.au/what-we-do/fhlds/eligibility and use our online interactive eligibility tool to better understand whether you may be eligible. NHFIC has also developed a tool to help first home buyers find out the relevant property price threshold for the suburb in which you are looking to purchase a property. You can use this tool at https://www.nhfic.gov.au/what-//property-price-thresholds/ Participating lenders can also assist you in determining whether you may be eligible for the Scheme. You can see the full list of participating lenders on NHFIC’s website at https://www.nhfic.gov.au/what-we-do/fhlds/how-to-apply/ Q: When can I apply? The Scheme commences on 1 January 2020 for the participating major bank lenders and on 1 February for the non-major lenders. Q: I have already signed a contract to purchase a property, can I still apply? This depends on the type of property you are purchasing. More information about contract and settlement dates for different types of properties is available on NHFIC’s website at Source: https://www.nhfic.gov.au/what-we-do/fhlds/eligibility Please give me call on for further information on 0433632985.

02.01.2022 How to buy without a 20% deposit? When you consider that a small flat in Sydney could set you back half a million dollars at the moment, saving a 20% deposit to buy that flat $100,000 can seem an insurmountable task. That’s where insurance can help. Lenders mortgage insurance (LMI) may be an added expense, but it offers buyers the opportunity to dive into the property market earlier, without saving up an entire 20 per cent of the property’s purchase price as a deposit.... What is it? LMI protects the bank or lender, should a home loan go into default, guaranteeing that the lender will get its money back if the property needs to be sold and there is a shortfall in repaying the loan. What’s in it for you? For the borrower, it may seem LMI it is just another expense to cover. But insurance can mean that some buyers will be able to enter the property market with, for example, only a five per cent deposit saved. In the example above, a $500,000 property, this brings the deposit down from $100,000 to just $25,000. And, if the market is hot and prices are rising rapidly, paying LMI so that you can buy now could be cheaper than taking the time to save a bigger deposit. In the time it takes to save a higher deposit amount, property prices may well have surged by more than cost of the insurance so, for some properties and purchasers. What you need to know The insurance premium is generally a one-off payment, but you may be able to roll it into the loan amount so that you are paying for it month-by-month along with your mortgage. There can be a big difference between premiums paid if you have, for example, a 10 per cent deposit saved compared with a five per cent deposit, so it may well be worth trying to gather together some extra funds, even if you despair of reaching the full 20 per cent.

02.01.2022 Despite cutting rates to 1.25 per cent in June, the RBA still considers further economic stimulus is required, having then moved the official cash rate to 1.00 per cent in July, and again today to 0.75 of a percentage point.

02.01.2022 100% Offset Account. This loan is similar to an All In One Account however the money is paid into an account which is linked to the loan this account is called an Offset Account. Income is deposited into the Offset Account and you use the Offset Account for all your EFTPOS, cheque, internet banking, credit transactions. Whatever is in the Offset Account then comes directly off the loan, or ‘offsets’ the loan amount for interest. Effectively you are not earning interest on y...our savings, but are benefiting as what would be interest on savings is calculated on a reduction on your loan. The advantages are similar to the All In One Account. These loans normally have a higher interest rate and higher fees due to their flexibility. These loans are directed at medium to high income earners, and to disciplined spenders as the more money kept in the offset account the faster you pay-off your loan. Partial offset account and an interest offset account are also available. Please give me buzz on 0433632985, if you have any queries!!

02.01.2022 Refinance Residential and Investment loan settled. Big Congratulations to our client . #Equity release from residential house # settlement brisbane investment property # Bought house # Great rebate received.# We are pleasure to serve our client. If we can help you Please ring 0433632985. Thank you.

01.01.2022 First home Buyer grants on summary! Further inquiries contact Uddhav Bhatta 0433632985.

01.01.2022 As part of the 2020-21 Federal Budget, the Australian Government has committed an additional 10,000 First Home Loan Deposit Scheme (FHLDS) places for the 2020-21 financial year, specifically for eligible first home buyers purchasing new homes. i.e. 5% deposit no LMI. * Terms and condition apply. Region NHG property price cap NSW Capital City and Regional Centre $950,000 NSW Other $600,000... VIC Capital City and Regional Centre $850,000 VIC Other $550,000 QLD Capital City and Regional Centre $650,000 QLD Other $500,000 WA Capital City $550,000 WA Other $400,000 SA Capital City $550,000 SA Other $400,000 TAS Capital City $550,000 TAS Other $400,000 Australian Capital Territory $600,000 Northern Territory $550,000 Jervis Bay Territory & Norfolk Island $600,000 Christmas Island & Cocos (Keeling Island) $400,000 Further details call me on 0433 632 985

01.01.2022 The Reserve Bank has cut the official cash rate today to an all-time low of 0.10 per cent from 0.25 per cent. Call 0433 632 985 for details .