Save with Ian in Northcote, Victoria | Property

Save with Ian

Locality: Northcote, Victoria

Phone: +61 424 560 826

Address: High Street 3070 Northcote, VIC, Australia

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

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24.01.2022 Specialist Lending: If you do not fit the normal lending criteria & your preferred bank has said no, or perhaps your credit is impaired. Specialist Lending - the alternative solution:... At every life stage that we can have experiences that sometimes have an adverse effect on our ability to maintain credit. Perhaps it was a business that due to cash flow problems had to be closed down and affected your file because you were listed as a director. There are a number of reasons that can affect a person's lifestyle and their ability to maintain credit. Whilst most banks are heavily based on credit scoring (which is one way of saying the computer makes an initial decision) what about the story and the factors that surrounded a person's credit impairment? It's hard to get past the understanding and logic of a computer - it does not and will not understand. If you have some of the following on your credit file or history: a. Part IX Agreement / Bankruptcy b. Paid or Unpaid Defaults c. Poor Credit Report Let us discuss your scenario - everyone has a story and we will do our best to support and mitigate this to a specialist lender that understands and cares enough to give you a fresh opportunity. We have helped many clients in this situation. Everyone deserves a new start. Just because the well-known banks have said no, don’t give up. Get in touch and I will do my best to help you find an alternative solution. The good news is, we may be able to help.

23.01.2022 RBA News December 2020 - https://mailchi.mp/aa1713917950/rba-news-december-2020

23.01.2022 Wishing you a great week ahead , take care and enjoy life's finer moments. And if there's anything home loan related, we'll be here to help you when you need a hand.

22.01.2022 How do lenders assess eligible employment? Across the board, lenders will have different policies for this scenario. You might have been a PAYG employee, now recently a contractor for 2 months. As an example, your existing bank/lender may ask you to come back in another 10 months to make up 1 year in employment. We helped a person achieve their home goal who was employed for 3 weeks but we were able to demonstrate a strong application by mitigating other factors in their pas...t employment & occupation which enabled an approval! Message us if you're in this category and/or not sure about employment requirements - we will help and guide you and could even help you get that dream home sooner.

22.01.2022 Are you self-employed and looking for a home loan? Get in touch! #homeloan #selfemployed #propertyfinance #savewithian #melbournemortgagebroker #mortgagebroker #mortgagebrokermelbourne #homeloanmelbourne #homeloanbroker

21.01.2022 Happy Holidays & Wishing you a Great 2021~ - https://mailchi.mp//happy-holidays-wishing-you-a-great-2021

21.01.2022 Car loans : With the End of Financial Year around the corner, it is often the case we see dealerships ramping up their sales and finance offers. If you are in the market looking to purchase either a new or used motor vehicle (maximum age 7 years) from a dealership If you would like to compare what your bank’s car loan rate or the dealership's rate is with what I can offer you ... I would be happy to help you save on the interest rate and repayments. This also applies to anyone who has existing car loans and would to check if you are on a good deal. We can make comparisons and possibly refinance your loan over to a lower rate to save you $$$. If you would like to know more, or get a quote to compare with the dealership or bank, feel free to get in touch. #carloan #carloanmelbourne #carloanaustralia #carfinance #eofy #eofycarsales #eofycar #carsales #melbournebroker #savewithian #financebroker

20.01.2022 What is amortization in lending terms? In home loan terms, amortization is the distribution of your loan repayments into multiple cash flow installments, determined by an amortization schedule. Each repayment installment consists of both principal and interest. Payments are divided into equal amounts for the duration of the loan, making it the simplest repayment model. A greater amount of the payment is applied to interest at the beginning of the amortization schedule, while more money is applied to principal towards the end of the loan/amortization schedule.

19.01.2022 If you do not fit the normal lending criteria & your preferred bank has said no, or perhaps your credit is impaired. Specialist Lending - the alternative solution: At every life stage that we can have experiences that sometimes have an adverse effect on our ability to maintain credit. Perhaps it was a business that due to cash flow problems had to be closed down and affected your file because you were listed as a director. There are a number of reasons that can affect a pers...on's lifestyle and their ability to maintain credit. Whilst most banks are heavily based on credit scoring (which is one way of saying the computer makes an initial decision) what about the story and the factors that surrounded a person's credit impairment? It's hard to get past the understanding and logic of a computer - it does not and will not understand. If you have some of the following on your credit file or history: a. Part IX Agreement / Bankruptcy b. Paid or Unpaid Defaults c. Poor Credit Report Let us discuss your scenario - everyone has a story and we will do our best to support and mitigate this to a specialist lender that understands and cares enough to give you a fresh opportunity. We have helped many clients in this situation. Everyone deserves a new start. Just because the well-known banks have said no, don’t give up. Get in touch and I will do my best to help you find an alternative solution. The good news is, we may be able to help.

19.01.2022 If you do not fit the normal lending criteria, get in touch and we can discuss your options. #mortgagebroker #savewithian #homeloan #melbournehomeloan #melbournebroker #propertyfinance #specialistlending

18.01.2022 Property Finance Whether you wish to purchase an established home, investment property or intending to construct your dream home. What would an extra amount in savings mean for you each week?... Are you in the market looking to purchase an established home or intending to construct the home you've always wanted? I can help you achieve your home goals by asking relevant questions to determine your plans and intentions. Perhaps you are a first home buyer and need the right guidance and suggestions to help finding and funding your first home? Will gladly help you as I understand the huge investment and step that you're taking. The most sensitive debt one could ever decide to take - the home loan. Or are you thinking: "Am I with the right home lender at this moment?" Often people are with their existing home loan lender for many years and don't have the time to review it. You may not realize that it may actually be costing you more in extra interest and repayments monthly. Do you know how much it's costing you? It only takes a few minutes to get a "home loan health check completed - one that could save you a lot of money. It is easy to refinance and the benefit of saving in interest will go a long way (less interest charged, time saved in paying off your loan - even years!). There are a few strategies that one could use to maximize the structure of a home loan where it works to your advantage. I would be glad to show you how. Have you considered using the equity in your home and using that equity to purchase an additional investment property, thereby saving on tax and increasing your property portfolio? Easy to see if you qualify.

18.01.2022 *news flash* Bank of Melbourne / St George are offering $1 LMI for borrowers that have 15% deposit! Criteria:... a. first home buyer b. owner occupied c. 85% lending d. principal and interest repayments e. maximum loan size $850k. f. new or established dwellings - construction loans not allowed. Enquire within~

17.01.2022 3 October 2020: The Australian Government has announced an additional 10,000 First Home Loan Deposit Scheme places will be provided from 6 October 2020 to support the purchase of a new home or a newly built home. More information will be available on the NHFIC website from Tuesday 6 October 2020. https://www.nhfic.gov.au/ ... The First Home Loan Deposit Scheme is an Australian Government initiative to support eligible first home buyers purchase their first home sooner. Usually first home buyers with less than a 20 per cent deposit need to pay lenders mortgage insurance. Under the Scheme, eligible first home buyers can purchase a modest home with a deposit with as little as 5 per cent (lenders criteria also apply). This is because NHFIC guarantees to a participating lender up to 15 percent of the value of the property purchased that is financed by an eligible first home buyer’s home loan.

17.01.2022 RBA News for the Month of August 2020 - https://mailchi.mp/09/rba-news-for-the-month-of-august-2020

16.01.2022 *News* We're accredited with Australia's first smart home loan bank. 100% digital experience Minimal footprint Super fast assessments we've noticed - around 24-48 hours.... $2k cashback for refinances and purchases Their criteria is: 80% lending / 20% deposit or equity held PAYG only - they aren't assisting self employed currently

15.01.2022 The Reserve Bank of Australia (RBA) has kept the official cash rate at 0.25 per cent. To view the official RBA statement, please visit the Reserve Bank’s website. Also wanted to send you a few timely tax reminders and tips to help solidify your tax return. These are some of the Tax Deductions you could make a claim if it applies:... a. Tax Agent's fees b. Union / Membership fees related to your profession is also tax deductible c. Mobile phone - if you're using your personal phone to make work related calls. These are also usually tax deductible. d. For investors: Building Depreciation schedule on your investment property - claiming against the decline in value (buildings). e. Donations to an appropriate charity organisation - over $2. f. Self - Education Expenses - you can claim self-education expenses if there’s a connection between the course and your role in your profession. g. Sun protection - You’re entitled to a tax deduction for sunglasses if, as part of your employment, you are required to work outside for prolonged periods. h. Income Protection Insurance - You’re entitled to a tax deduction for insurance premiums paid against the loss of income. Remember though, that this does not include life insurance, trauma insurance or critical care insurance. i. Superannuation Contributions / Spouse contributions if they earning under the threshold and if you're making contributions for them. j. If you have a HELP or HECS debt, please let your employer know, or if you start new employment, by ticking the box on the Tax Declaration Form. Your employer will then know to set aside additional tax from each pay cycle to cover your estimated debt based on your income but if they’re not aware of the debt, you’ll have to pay the repayment rate for your income threshold. This is catching a lot of people out, statistics reveal. A great Tax Agent / Accountant will be able to help you maximise your tax return, especially if you are self employed and have more than the simple tax related items

15.01.2022 RBA News - March 2021 - https://mailchi.mp/8d7fe9662dad/rba-news-march-2021

14.01.2022 What is Loan to Value Ratio (LVR)? When lenders discuss a home loan deposit they refer to loan to value ratio (LVR). LVR is the loan amount divided by the value of the property. Let's say you want to buy a property with a purchase price of $400,000. If you have a deposit of $80,000, your LVR is 80% (320k/400k). The critical LVR figure as far as lenders are concerned is 80%. If you don't have 20% of the purchase price as a deposit, you will generally be required to pay for lenders mortgage insurance (LMI).

13.01.2022 Hello! We are currently on leave for 2 weeks and will return to work on Monday the 10th of May 2021. Thank you.

12.01.2022 Breaking Announcement: Great news to advise that Stamp Duty in Victoria will be cut by 50% for new homes up to a $1M purchase, and 25% cost reduction for established / existing homes up to a value of $1M. (valid until 30.06.2021)

12.01.2022 Hello~! Details of the recently announced $25k Grant for owner occupiers intending to construct a new dwelling to live in, or substantially renovate their home. Link below to access the pdf file: https://treasury.gov.au//2020-06/Fact_sheet_HomeBuilder.pdf

12.01.2022 Save with Ian Newsletter | RBA News April 2021 - https://mailchi.mp//save-with-ian-newsletter-rba-news-apri

12.01.2022 Federal Budget 2021: What it means for individuals - https://mailchi.mp//federal-budget-2021-what-it-means-for-

12.01.2022 More than 70% of Australian life insurance policies are held through superannuation funds. While an easy-to-opt-in default feature when first signing up for your fund, it might be worth considering the following factors when relying on life insurance through super. Is the amount of life insurance payable provided within your super adequate? Rice Warner estimates that a 30-year-old couple with two children would require an average of $680,0002 in death cover to enable them to ...meet their expenses. Have you recently reviewed your cover through super to see if it would leave a gap to meet home loan repayments and all other living expenses if you were no longer around to support your family? Does your super policy include cover for critical illness (also known as trauma)? Since July 2014, super funds are no longer able to offer trauma cover to new members. This type of cover provides you with the means to manage the costs associated with a serious disease, such as cancer or stroke and has since become increasingly important with advances in technology improving the chances of survival and with treatment costs on the rise. So it’s important that you take the time to check what your policy does include. Who receives the benefit funds if you make a claim? You could have limited control over who is being paid by the life insurance within your super. Often, the super Trustee makes the decision about who receives death benefit funds, even if you have made a nomination. This means that there can be a delay between the time a claim is lodged and the time that your family receives the benefit funds, which could contribute to financial stress, especially if mortgage repayments continue to be made. We may have a solution if you feel the amount of cover provided by your super isn’t enough. ALI Group’s My Protection Plan provides financial support for 13 serious medical conditions such as stroke, cancer, heart attack, paralysis, and total loss of hearing/sight, cover for death and terminal illness, and more. 1 http://www.ricewarner.com/insurance-through-superannuation/ 2 Rice Warner. Underinsurance in Australia (2015) 3 https://canceraustralia.gov.au//cancer-australia-statistics 4 If your superannuation trauma cover commenced before 1 July 2014; You may be exempt from the changes and still entitled to trauma cover through your super fund. If you have rolled over your cover or your fund has been updated, you may lose the exemption. Check with your existing superannuation insurance provider if you're unsure. 5 https://www.moneysmart.gov.au//how/insurance-through-super 6 http://www.smh.com.au//australian-life-expectancy-hits-all

12.01.2022 Tips on checking a loan contract: Before you sign a contract for a loan or credit card, please check the following: The name of the business or person lending you the money... Details of the loan including the need for you to offer an asset as security How interest is calculated and charged Fees and charges What happens if you can't meet your repayments - will you be charged a higher rate of interest or extra fees? If and when you'll receive account statements and how you will be told of any changes to the terms and conditions of the contract.

10.01.2022 RBA News October 2020 - https://mailchi.mp/3a47b6650d7d/rba-news-october-2020

10.01.2022 Save with Ian Newsletter - https://mailchi.mp/2b24a0acdff3/y9ouh07euh

10.01.2022 RBA - November 2020 - Rate Cut - https://mailchi.mp/47c77be1bc85/rba-november-2020-rate-cut

09.01.2022 Loan Protection Plan a simple solution A Loan Protection Plan is an insurance product that may provide affordable protection for you and your family. It's designed specifically for home and property buyers and it's available through our partner, ALI Group. Broader cover... What's so good about the ALI Loan Protection Plan is that it covers you for 11 serious illnesses (something most super insurance don't offer), involuntary unemployment for the first 5 years, as well as death and terminal illness. You don't need a medical to get the cover either.Minimize your risk with some smart planning for potential rainy days that will leave you & your property well protected. How to keep your home: As your finance consultant, it's my responsibility to not only help you find the right loan, but also to help make sure you're able to service it. This is because everyday life events can and do impact a person's ability to make their repayments. For instance, do you know how you or your family would meet your repayments if you suffered a serious injury, illness, or even death? What about if you lost your job? Nobody likes to think about it. Unfortunately, 60% of Australians believe they'd need to sell an asset within three months of losing their income (1). So it's something that can't be ignored. The good news is we may be able to help. Loan Protection Plan a simple solution: A Loan Protection Plan is an insurance product that may provide affordable protection for you and your family. It's designed specifically for home and property buyers and it's available through our partner, ALI Group. https://www.aligroup.com.au/

08.01.2022 RBA News - February 2021 - https://mailchi.mp/6e38e1ce4dfe/rba-news-february-2021

07.01.2022 If you are thinking of refinancing your home loan, and you feel you have at least 20% equity (we can check for you), and if you wanted to consolidate other debts or just the home loan on the 1 super low home loan rate, then please reach out. Happy to check your Home Loan to see if there are $$ to be saved AND Refinance Offers between: $1-$4k cashback!... Enquire within.

07.01.2022 HomeBuilder extension As recently announced, the HomeBuilder program will be extended to 31 March 2021. Changes to the HomeBuilder program include:... A $15,000 grant for building contracts (new builds and substantial renovations) signed between 1 January 2021 and 31 March 2021, inclusive. An extended deadline for all applications to be submitted, including those applying for the $25, 000 grant and the new $15,000 grant. Applications can now be submitted up until 14 April 2021 (inclusive). This will apply to all eligible contracts signed on or after 4 June 2020. An extension to the construction commencement time frame from three months to six months for all HomeBuilder applicants. This will apply to all eligible contracts signed on or after 1 January 2021, but will also be backdated and apply to all contracts entered into on or after 4 June 2020. An increase to the property price cap for new build contracts in New South Wales and Victoria to $950,000 and $850,000, respectively, where the contract is signed between 1 January 2021 and 31 March 2021, inclusive. The existing new build property price cap of $750,000 will continue to apply in all other States and Territories. A change in licensing requirements and registration for builders and developers, as below: Where an eligible contract is signed on or after the 29 November 2020, the builder or developer must have a valid licence or registration before 29 November 2020. Where an eligible contract is signed before 29 November 2020, the builder or developer must have a valid licence or registration before 4 June 2020. Other than the above, the existing program criteria applies. That is, the other existing eligibility criteria remains in place and the $25,000 grant will still be made available for eligible contracts signed on or before 31 December 2020.

05.01.2022 Another lender has just announced a $2500 cashback offer for a refinance. If you have at least 20% equity and would like to check how your current home loan compares with others on the market, let us know, happy to check the savings for you. Plus, current cashback offers with a few credit providers - between $2000-$3000. We can quickly check if you are eligible~

05.01.2022 RBA News - https://mailchi.mp/9245c53bb1ff/rba-news

03.01.2022 Federal Budget 2020 - highlights - https://mailchi.mp/cd0e090c2/federal-budget-2020-highlights