Rod Weir | Financial service

Rod Weir

Phone: +61 418 790 149

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25.01.2022 Did you know that Rod can assist you with your Commercial property needs? Did you know that Rod is an accredited & qualified SMSF Broker? Do you need to have a chat to Rod about your current or future situation? ... Call (07) 4037 6400 or email [email protected]

24.01.2022 congratulations Kristy & Karla!

24.01.2022 Why you need to see a broker more now than ever A recent survey has revealed that Australians are growing increasingly unsure of the home application process, and its not just first-home buyers. Even 57% of experienced home buyers are confused when it comes to the banks processes and document needs, and approximately 28% of Australians are avoiding buying altogether because of how hard the process seems. Current home owners have also admitted that while they needed to revie...w their home loan, the thought of refinancing just seemed to difficult so they remained with their current lender, often paying exorbitant interest rates. It is now more vital than ever to speak with a mortgage broker. Whether it be your first home or your next investment, a broker will help you navigate the confusing world of regulated lending and take the stress out of the process, ensuring you have a positive home buying or refinancing experience. Call Rod on 0418 790 149 and let us help you.

21.01.2022 A perfect example of what we are dealing with today and how mad the system has gotten. Getting a loan is no longer just about having savings and income. We are seeing this every day and there are plenty of alternative options. Make sure you talk to someone BEFORE you go to a bank as otherwise you can end up with a decreased credit score making it even harder.

20.01.2022 Hasn't been an easy year but always good to get recognition when things go well. Receiving the below message is a great start to the day....... "Congratulations on your outstanding achievement, Rod! Reaching Premier status for 2019-20 is an exceptional achievement - you should be so proud.... Your hard work, dedication and commitment to your clients is outstanding. A big congratulations from everyone at Loan Market! We can't wait to see what you'll achieve next!" Sam White

20.01.2022 Plenty of fantastic opportunities still happening on the coast. Just need the right agents in your corner.

20.01.2022 Home buying hopefuls will find it difficult to get home loans over the line, compared to a year ago Since COVID-19 shut down entire industries overnight, the way home loans are assessed has changed along with it. This has caused banks and lenders to tighten their lending criteria, making obtaining a home loan even more difficult. Banks are doing extra employment and verification checks, with some lenders refusing to lend above 80% to self employed customers. Overtime, commi...ssions, allowances and rental income that were all previously accepted at 80-100% with lenders, have now been dropped to the 60-80% mark. Even as an essential worker, there are more in-depth employment and verification checks. Those finding themselves on job keeper income will also have a limited amount of lenders that will accept this. The banks have tightened their criteria for everyone not just those in hard hit industries such as tourism and hospitality. On top of the tightened lending criteria and checks, banks now have a large staff base working from home or had their offshore processing teams shut down completely, meaning that service levels and turnaround times have blown out considerably. Banks are changing their policies almost daily in order to keep up with the current environment. Whilst this is a tricky time to navigate, you dont need to do it on your own. For any finance questions or scenarios please give me a call or send me an email. The team and I will be happy to help in any and every way we can! We will get through this together. Rod 0418 790 149 [email protected]

19.01.2022 ***CBA to move all clients to minimum mortgage repayments next week*** Commonwealth Bank has announced that from Friday 1st May, it will be automatically reducing direct debit repayment amounts for all eligible variable principal and interest (P&I) home loan customers to the minimum contracted P&I repayments to provide financial support amid the Coronavirus pandemic. The switch was announced as part of CBAs COVID-19 support package and is expected to affect up to 730,000 c...ustomers by releasing up to $400 per month for customers and creating up to $3.6 billion in additional cash support for the economy. Whilst the change may be welcomed by customers who have been financially impacted by the COVID-19 pandemic, it is not a one-size-fits-all solution and could potentially disadvantage those customers who are trying to clear their debts sooner by paying extra against their mortgage. The move has angered many as it is an opt-out arrangement only and will remain in place for all customers unless they request otherwise. There is a general consensus that many customers will not have the financial discipline to increase their repayments afterwards, once they have seen the lower amount. Any customers wanting to opt out of the compulsory change (i.e. keep their current repayments or change from the minimum) can do so only via the CommBank app or NetBank after 6th May. If you do wish to opt out, I urge you to please call or email me so we can follow up to ensure that CBA have your repayments where you want them to be and you are not incurring unnecessary interest. Rod Weir 0418 790 149 [email protected]

17.01.2022 The New Year has well & truly kicked off- who can believe the first week of February is over! There is never a bad time to have a review of your finances, current financial position and goals so contact us today and let us help you to save some money. 0418 790 149 [email protected]

16.01.2022 Are you going to find a set and forget asset any better than this in 2020? ~ $458,000pa* plus gst + outs ~ Head-leases to multi-nationals ~ 4%* Increases per an...num ~ 4* Strong performing businesses ~ Cracking location with an estimated 100,000* cars that pass by daily. Coming to market very soon!

16.01.2022 I wrote this four years ago on the Anzac centenary. Is just as special today as it was then. We shall remember them ! "Today has been quite moving In a proud yet somber way, I've been caught up in emotion... On this centenary Anzac Day. My thoughts were not of soldiers But of husbands,sons and brothers, Of how they left for foreign lands A volunteer, to lay down their lives for others. For these men, they were not soldiers Few had been trained to fight, But to them it didn't matter They did what they thought was right. Now 100 years have come and gone Since the first diggers blood was spilt, 100 battles have been fought Upon which the ANZAC legend has been built. But it isn't just Gallipoli Anzac cove, that dreaded Turk, Our men have bled around the world 'Twas not a battle they did shirk. From the jungles of New Guinea Malaya, Borneo and Vietnam, Our men never took a backward step Not Iraq, Egypt or Afghanistan. The battles still not over Their work it is not done, Though it started all so long ago The war has not been won. Though the enemy they face today Is not like it was back then, For today, the war's on terror That's what in the face of our young men. No longer in the rifle scope Our enemy on the ridges can we see, For they have a bomb, strapped to their chest And walk the streets like you and me. Their aim to make us worry To Strike fear in every man, They fight for what? I just don't know It's not for freedom, not for land. Although the enemy is different Still it's a battle we must wage, For the Anzac still fights for freedom In his annals he will write another page. He will leave home, go do his share Take part in a war that can't be won, For as long as man seeks power and greed He will reach out for his gun. For me the sun will rise tomorrow My life it will go on, For that I thank the Anzacs And I will always remember them." LEST WE FORGET

15.01.2022 Without mortgage brokers, finding a home loan will be harder and could become more expensive. Sign the online petition at www.brokerbehindyou.com.au and keep competition alive. #Dontkillcompetition

14.01.2022 WOW! They say time flies when you're having fun... Today, All Lending & Finance celebrates its 15th birthday- and what an incredible 15 years it has been. To our clients;... Thank you so much for believing in Rod and trusting him to get you the best deal possible. There is no way that we all would be where we are today, without your trust & support. Thank you for the referrals to family, friends, colleagues and passer by's on the street. You are the reason behind the business and the success. From the bottom of our hearts, Thank you & here is to 15 more!

13.01.2022 To our amazing educators and health care professionals- how is your home loan/finance health? Is your bank looking after you? Or do you think that maybe you could do with a lower rate? Phone (07 4037 6400) or email Rod and lets assess your lending and financial health!

12.01.2022 Hi everyone, In light of the banks announcing offers to assist with covid-19 difficulties, we urge you to take special care when discussing these offers and please do not jump at or accept any of these plans without first discussing it with Rod. Whilst upfront these plans appear great on paper, like all advertisements, there are hidden back end catches & terms and conditions that may in fact put you in a worse position 6-12 months down the line.... The lenders themselves are still working out the nitty gritty details and trying to relay this information to staff and brokers. So please, we strongly urge you not to jump at their offers just because it sounds like it will be beneficial from their media promotion and advertisement. As always, any questions please give me a call or text 0418 790 149. Thanks (from an approved social distance) Rod

12.01.2022 Looking for a great investment. Check this one out.

10.01.2022 THE ALL LENDING & FINANCE DIFFERENCE Apart from providing exceptionally high service, an advantage over our competitors is that we focus on client education. We ensure that our clients who are entering into a loan agreement know and understand the features of their particular loan and how this will help them to achieve their dream of home ownership or financial independence. Rod Weir, Director and Finance Broker commenced his career in finance at the age of 16 working as a c...lerk in one of Australias leading banks. Throughout his distinguished career he worked his way through to Senior Management, holding positions in Consumer Lending, Mobile Mortgage Management, Branch Management and Business Banking Management. Rod has a very strong focus on customer service and believes that the only way to grow a business is to grow a relationship. Give him a call to discuss your financing options! 0418 790 149

09.01.2022 Makes everything so worth it with comments like this.

08.01.2022 Budgeting vs Actual Spending How accurate is your budget? Do you even have a budget? If you were to look at your budget now, and compare it with the last 3 months worth of your bank statements- could you say that you were on track or accurate? Or have you over indulged in pay passing & after paying items of want, rather than need? Because this is exactly what lenders are doing. They look at what you are spending instead of what you are declaring you spend- because more often... than not, what you say you spend vs what you really spend has a HUGE difference! This can more often than not, be the make or break in a loan application. Take a look at your last 3 months of statements and compare it to what you have written down for your budget- the variance can be astronomical, given how easy it is to make purchases (pay pass, afterpay, zip pay, zip money)! If youre thinking or talking about getting finance- have a chat with Rod & see how you can save and budget more effectively. See more

08.01.2022 Whats a trailing commission and how does it work? Right now, theres a fair bit of discussion about commissions and how they work. I want to demystify this so you know why Im paid my trailing commission. My job is to look far and wide and negotiate hard for a lender with a competitive loan for you.... Im paid two types of income: A one-off payment called an upfront commission usually between 0.65% to 0.7% (+gst). A trail or ongoing commission usually 0.15% p.a., based on how much of your loan is left at the end of the year. These reward me for the hard work Ive done finding your loan and keeps me focused. Loan Market has strict processes to keep a close eye on us brokers. If I referred you to a loan just because it would earn me more, Id probably lose my right to practice. Simple as that! And lets be crystal clear. I work for younot the bank. Always have, always will. Heres what I do for my trailing commission: Securing finance: As banks tighten their loan policies, getting credit can be trickier than storing ice in the desert. But Im not limited to the rates and conditions of the Big 4. My panel of lenders can help you get the most competitive home, car, business or personal loan. Refinancing*: I keep one eye on the market and one on your loan. When I spot a more competitive deal, Ill help move you over. Repricing: Changing lenders is tougher in a tightening credit market. But there are often options through your existing lender and I can often get a more competitive deal. Its quick and means I can still help you with things like increasing your loan. Annual review: At your request each year, I can run a ruler over everything, to be 100% sure your goals and ambitions are being met by your loan. Renovation, baby on the way, upsizing? Ill find the right loan to work for you. I keep you in the drivers seat: I can connect you with our financial planning partners, for everything from insurance, budgeting, super and estate planning. Its important you have a plan to cover the mortgage, if something unexpected happens. So yep, I do all that and more. Would a bank? If you want to find out more about these services, drop me a line. *subject to lender terms and conditions.

07.01.2022 Insurance Premium Funding is a cost effective way of managing and paying all your insurance premiums, with one regular monthly payment- allowing you to leave your cash in your business where it suits you better. Get in touch today if you would like to find out more..

06.01.2022 Have an Interest-Only home loan? Review with us now to avoid repayment shock! It is estimated that approximately 730,000 interest-only home loans will revert to P&I (Principal & Interest) repayments in 2020 leaving many borrowers to experience a dramatic rise in repayments. Many of these loans were settled between 2015-2016 when almost 40% of new loans were taken out on interest-only terms. Borrowers could expect an increase in their repayments of anywhere between $300-$800... per month, depending on the size of their loan. Most people are ill-prepared for such a sharp rise and could be left struggling to meet the new repayments. If you currently have an interest-only home loan, now is the time to consider refinancing to a more competitive P&I rate. With average variable interest rates now around 3.10%, we are confident we can get you a better deal and save you thousands of dollars and a whole lot of stress! Contact Rod today on 0418 790 149 or [email protected]

05.01.2022 Happy birthday to our wonderful Boss, Rod!

05.01.2022 Legislation changes are threatening the mortgage broking industry, which could lead to higher home loan interest rates. Sign the online petition at brokerbehindyou.com.au and keep competition alive.

04.01.2022 Are you Home Loan ready?

04.01.2022 To my valued clients, I just want to take a moment to first and foremost thank you all for your continued support for my business over the past 16 years. There have been many changes to the business and to the world of finance and lending and we appreciate the trust you place in my company. We just wanted to let you know that we are still open and working to get you the best finance deals possible. We will follow government advice regarding the evolving pandemic and will keep... you updated as decisions are made. My team & I have the ability to work remotely, with email being the preferred method of communication for Courtney and Megan, should we not be able to physically be in the Cairns office. My mobile is always on and if I miss your call I will call you back as soon as possible. In times like these, I appreciate the continued support of my small business and please note we will continue to be there for all your lending and financial needs. Thanks, Rod 0418 790 149

04.01.2022 Looking for a great investment in a prime location. Add this one to the must check out list.

03.01.2022 Fantastic property, fantastic location, fantastic return. No better time to get your money out of the bank and Into a commercial property.

01.01.2022 ***There may never be a better time to build your dream home Government grants of $25k available for construction & renovations*** Eligible Australians will receive $25,000 to build or substantially renovate their owner-occupied homes, under the Federal Governments new HomeBuilder program, as they attempt to bolster the construction industry. What you need to know:... - Grants are available in addition to the existing First Home Owner Grant (FHOG) programs, stamp duty concessions and other grant schemes, as well as the First Home Loan Deposit Scheme and First Home Super Saver Scheme. Therefore if you are a first ever home buyer, you could still be eligible for the $15,000 FHOG in addition to this new $25,000 grant. - Grants will be means-tested with total earnings capped at $200,000 per year for couples and $125,000 per year for individuals. - Limits will also be placed on the value of the property, with new builds capped at $750,000, and renovations between $150,000 and $750,000 (with value of the property being renovated no more than $1.5 million). - The grants do not apply to investment properties, or owners who intend on building or renovating on their own without the help of a licenced builder. - Renovation work cannot include structures separate to the main property, such as swimming pools, tennis courts and sheds. - Grants are available for construction contracts dated after today 4th June 2020 and before 31st December 2020. - Funding for the scheme will be available for only 27,000 applicants. If youre thinking of building or renovating, its vital that you contact us today to get your application submitted as soon as possible, or risk missing out. Rod Weir 0418 790 149 [email protected]

01.01.2022 We are absolutely loving helping people achieve their first home dreams! Congratulations Layne & Justin, we cant wait to see your house being built