Shape Home Loans in Sydney, Australia | Financial service

Shape Home Loans

Locality: Sydney, Australia

Phone: +61 1300 745 626

Address: 3/22-36 Mountain Street Ultimo NSW 2007 Sydney, NSW, Australia

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

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• Financial service
• Loan service
• Mortgage brokers
• Property investment firm

25.01.2022 Big 4 cut Fixed rate only ( Variable unchanged) - Mebank cuts Variable rate by 0.15% ( Fixed rate unchanged) Big 4 banks fix is now from 1.99%- 2.09%... Me bank Variable with offset is from 2.43% Lowest Variable on the market is 2.29% with offset or 2.19% without offset- online lender , with 40+ years history that we have access too. Lowest Fixed is from 1.94% ( and lower for certain loan size and LVR)

24.01.2022 On Monday The Australian Financial Review reported that speculation was building that the RBA and APRA were considering lowering the buffer by 50 basis points as an alternative to cutting the cash rate by 25 basis points.

24.01.2022 Naomi applied for a mortgage and mentioned she was undergoing IVF, but the intrusive questions she faced next left her reeling.

23.01.2022 Good morning Blaxlanders, Its time to play Find The Hydrant! In every fire emergency, getting a hydrant to work is a top priority.... What does a hydrant look like? Water hydrants can be identified by their bright yellow cast iron square shaped lids that has a capital 'H' on the top. In residential areas, hydrants are positioned approximately 50 100 metres apart depending on the lay of the land. Why are hydrants important? During an emergency, including a bush or house fire, it is important to know where the water hydrant is located. Having clear access to a water hydrant makes a difference to how quickly an emergency can be brought under control. WHAT YOU MUST DO Ensure there are no obstructions preventing fire fighters from locating and connecting hoses to hydrants. Keep the area around the hydrant clear of any grass, soil and vegetation. Dont place large heavy objects on top or next to the surface fitting. Ensure no one parks over the hydrant at ANY time. Sadly we sometimes discover that hydrants are hidden or not maintained and cannot be used at a fire emergency. This can lead to serious consequences in delaying operations. Please locate the ones on your street and get them ready for us. If maintenance (aside from clearing) or marking is required, report it to your local fire station, council or water authority. Thanks in advance, Your Blaxland RFS Volunteers

22.01.2022 Westpac and CBA pass on full 0.25% rate cut! Westpac as of 17th march 2020 CBA as of 24th March 2020... Other banks yet to make an announcement. ^ Mick C

22.01.2022 Fixed rate 1.85%- 1.99% with cash back! * Owners Fixed rate 1.99% for 2 years + $3,000 cash back for refinance ( Min loan $350,000 and LVR max 80%) - Residential loan * Commercial Fixed rate of 1.85% fixed for 3 years, purchase or refinance ( Min loan $300,000 and LVR max 70%) - Interest only allowed, Commercial loan... Contact us for more details and most importantly eligibility , as loan is subject to credit approval. ^ [email protected] 1300 74 5626

21.01.2022 RATE CUT and up to $2,000 - $3,000 cash back. Investment and owners. In the last 30 days, 18 banks have cut their variable and fixed interest rate for new customers ( i know....annoying) and providing a bonus $2,000 - $3,000 cash back if it's a refinance. =====Some top deals for Investors=====... 2.49% Fixed P/I + $3,000 cash back ( Westpac, ANZ etc.) 2.69% Fixed I/O + $3,000 Cash back ( Westpac, ANZ etc.) 2.79% VARIABLE P/I + $2,000 cash back ( Citibank) 2.89% VARIABLE I/O 3.19-3.30% Variable I/O + $3,000 cash back ( Range of Big 4 banks) =====Some top deals with Owners===== Lowest Variable = 2.44% + $500 cash back ( Online lender) Lowest Variable = 2.49% + $2,000 cash back ( Citibank) Fixed rate ranges from 2.18- 2.29% with cash back of $2,000- $3,000. Note: Loan subject to credit checks, income, max LVR ( normally 80%) and lenders approval. Contact us for a free quote to check on your ELIGIBILITY .

21.01.2022 APRA set to remove the 7% servicing buffer. This will increase borrowing.

21.01.2022 Wishing you a Merry Christmas and a safe new year! ^ Shape home loans

18.01.2022 Your move... Option A) 2.91% variable +100% ( Online bank) ... Option B) 3.07-3.12% % variable +100% + $4,000 refinance cash back + other bonus ( Big 4, NAB) Option C) 2.99% variable +100% + $500 refinance cash back ( Top 10 QLD based bank, ASX listed over 100 years history) P.s there is no wrong option :)

18.01.2022 CBA cut fix rate by 0.70%!!! CBA fixed rate is now 2.29% for 1 or 2 years (Owners loan and P/I). Investment fixed is 2.69%. * Refinance cash back with CBA of $2,000 - $2,500 ( ends 31st March unless extended)

17.01.2022 NSW: No Stamp duty from 1st August 2020 for purchase up too $800,000 for first home buyers. NEW properties only * House and land packages * land and construction ... * Off the plan * Brand new ( Completed properties) Discount from $800,000- $1M

17.01.2022 RBA rate cut 0.25%! Cash rate is now at a record low of 0.50%.

16.01.2022 **** ENDING SOON/ Grants spots exhausted *** The Government First Home Loan Deposit Scheme (FHLDS) GRANT - ie No LMI/insurance for first home buyers with 5% Deposit is ending soon, with space/spots quickly filling up. Available to the first 10,000 spots as of 1st July 2020, and 85% of banks has already exhausted their allocation as of today. Please contact us ASAP to reserve the last few spots.... We do not hold/reserve spots and can not guarantee you a spot - it be first come first serve. https://www.nhfic.gov.au/what-we-do/fhlds/

16.01.2022 CBA pass on 0.13% - 0.25% of the Oct Rate cut.

16.01.2022 Westpac investment fixed rate flash sale. 2.99-3.09% fixed P/I Repayment 3.19-3.29% fixed I/O repayments ... + refinance $3,000 cash back and first year annual fee waived ( Ends 29/2/2020) After 1st march 2020, cash back is $2,000. * Refinance * Pre-approval * New purchase * Cash out * Equity release * Debt consolidation. ^ Pop by our new office @ 3/22-36 Mountain street Ulitmo. or drop us a line [email protected] P.s Owners rate from 2.91% with 100% offset. http://www.shapehomeloans.com.au//special-owners-rate-2-91

14.01.2022 List of the top 22 lenders and how much of the March 2020 Rate cut they will be passing and when As of 3/3/2020- 3:20pm, Only CBA and westpac has came out with a 0.25% cut. ... Others yet to make an announcement.

14.01.2022 Banks will request for your last 3 months bank and credit card statements too check on living expense and spending patterns. ^ Mick C

13.01.2022 Royal banking commission report due Monday.

12.01.2022 Hoax Alert: Were aware of a hoax SMS offering a $500 bonus for testing Cardless Cash. If you receive this SMS report it to [email protected] then delete it.

12.01.2022 RATE CUT 0.25%!!! Record low of 0.75% cash rate.

12.01.2022 NZ 0.50 rate cut !

12.01.2022 Westpac/ STG bank - Now offering 85% LVR NO LMI for all First home buyers! ( limited time only, end date to be announced) * Max loan of $850,000 * Owners loan only * First home buyers ( regardless if your applying for the grant or not)... * For joint applications, only one applicant needs to be a first home buyer. * No min income requirement ( Credit approval and servicing still applies) * LMI cost will be set as $1 ( pretty much free!) * Can still apply for the first home grants if eligible * Can apply for pre-approval, also pre-approval is fully assessed so it's action proof. Variable rate from 2.69% Fixed rate from 2.19% Current turn around time is around 1 day. Loan subject to credit approval, Contact us to check your eligibility, chance of approval and max loan. [email protected] 1300 74 5626 ^ Shape home loans

09.01.2022 ANZ has reduced their assessment rate ( Stress test rate) from 7.25% down to 5.50%! Which means, your borrowing capacity will be around $65,000 to $105,000 on average higher. ^ Mick C

08.01.2022 Note We will pick up your file within 2-3 days. But if are refinancing to ANZ and westpac, they both currently have a backlog of refinance applications. Over 4 weeks wait before they will pick up the file. Due to the rush of applications and Covid19 impact on productivity. So please be mindful of this delay, as everything will be a lot slower; especially with these 2 banks. If you require a much quicker refinance response, let us know as not all banks are impacted. Such as C...BA, Gateway bank , Macqauire bank etc.. can all pick up a file within 3-5 days or less. ^ Mick

08.01.2022 Lowest fixed rate ever! 2.49% ( 3 years) Owners. AMP Bank. *No Annual fee during the fixed period... * Bonus cash back for refinance. Limited time.

08.01.2022 11 banks has passed on the full rate cut of 0.25% to 0.35% ( 40+ lenders still pending) As of 4th March 2020. * Suncorp... * ING * Bankwest * Westpac * CBA * Macqauire Bank * NAB * St George * ANZ * Bank of Melbourne See more

07.01.2022 The prudential regulator ( APRA) has announced that it will remove its benchmark on interest-only residential mortgage lending. Effective 1st January 2019.!!! YA So we should expect rate and offers for interest only to be more competitive and much better in 2019.... Time to relax. ^Mick C

06.01.2022 We are relocating ** EXCITING NEWS*** As of October 2019: We will be moving to a new and bigger premises. Ground Floor Shop 3 / 22-36 Mountain Street Ultimo NSW 2007 ( 3 min walk from Broadway shopping center) . Exact date TBA. ... Same friendly team, with a few new faces :) Progress pic of the renovations. Glass walls, frame and sign being installed. ^ Mick C

06.01.2022 The point of the banking royal commission was to make sure we keep our banks fair, honest and to drive a better outcome for consumers. HOWEVER, instead the result is the end of the mortgage broker industry in Australia ( over the next 3-4 years). That's over 20,000 small business and many more hard working dedicated staff that will be made redundant. ... By asking consumers too pay for a service that was always free, is just anti-competitive! This is a free kick/free boast to the Big 4 bank who was "suppose" to be under investigation. Brokers gave smaller lenders and non banks a distribution channel ( 34/45 lenders do not have branch access or have very little marketing exposure to the public) . This created competition and brought product innovation and reduced margins. Having said that the productivity commissioner and the treasurer Hon Josh Frydenberg, both agrees removing brokers will kill the competition. So hopefully the government can turn this around. Either way, we will continue our job in providing top service and honest advice, Right till the end. We will fight this till the last deal, Commission or not. ^ Mick C and the team

06.01.2022 ***EPIC*** Suncorp's Stay healthy and save refinance offer ( Owners) 3 years fixed @ 3.49% OR ( investment) 3.69% 3 years fixed with interest only allowed ... + Waive first 1 years annual fee + Fitbit Charge 3 OR Garmin Vivosmart 4 + $300 cash to help kick start this healthy saving habit :) ---------------- Features-------- * 100% offset for the variable loan split * Free suncorp credit card ----- Conditions----- * Up to 90% LVR allowed * Min loan of $250,000 for this offer. * Refinance * New purchase allowed ( But please contact us first regarding timing as suncorp service level will be slower due to this new offer) * Pre-approvals are excluded from this offer. * Loan subject to lenders approval * Limited time --- Comparison rate---- 3.49% 3 years owners, comparison rate 4.25% 3.69% 3 years investment , comparison rate 4.52% This is the catch of a suncorp loan, the rate goes up after the 3 years fixed, so best to refinance after the end of the term. [email protected] 1300 74 5626 ^ Mick C

05.01.2022 *** NEW 9th September ****Lowest VARIABLE rate on the market!! 2.19% ( Variable not fixed) + $500 cash back and no ongoing fees. * It is a honeymoon rate, meaning the 2.19% variable rate is heavily discounted for the first 2 years only, however the roll over rate is a reasonable 2.59% variable.... * You can make extra repayment, and there is no break cost if you pay out the loan early as it's a variable loan ( Not fix) * No offset account, so not suitable for some. But it does have a free redraw Condition: * Subject to credit/ lender approval * Refinance only for this rate * Owners loan * Min loan is $150,000 ( But min $350,000 for the cash back) * Max 80% LVR and P/I repayments for this rate. * No Ongoing fees, but a once off valuaiton and legal fee applies at settlement. * Available Australia wide (All state) We have access to over 42 lenders, this is just one of the many products available. Have lender that offer 2.59% Variable ( life of the loan discount ) with 100% offset and fixed of 2.19% + $2,000 cash back. Contact us for a free quote today. ^ Shape home loans

03.01.2022 We are open ( all staff currently working from home), our phone lines and email is open to provide FREE advice to all ( Customer of ours or not) If you have any questions, or simply want to have a chat with a "mate" and have a yarn please please feel free to give any of our staff a call- we will try to help and always free too listen. ... Phone: 1300 74 5626 Email: [email protected] === Dont keep things to yourself, if you need someone to talk too - Pleae reach out to family and friends. OR https://www.beyondblue.org.au//national-help-lines-and-web https://www.lifeline.org.au/ https://ndh.org.au/ ==== Lastly if you can, please support your local business; Cafe ( Takeaway/delivery), restaurants ( Takeaway/delivery), Butcher, Fruit shop, bakery, etc..they need our help more than ever! The large corporations will still be around in 6 month time, but the local community shops may not even survive the first month. Practice social distancing, good hand washing procedures, check on your neighbors and keep safe and look out for one and each other.

03.01.2022 Westpac set to reduce assessment rate on new OWNERS loan. The current assessment rate ( the interest rate the bank use too stress test the loan) will be reduced from 7.25% down to 6.50%. But only for owners loan with P/I repayment. ... On average this will increase your servicing by $40,000 to $60,000 on a standard 30 years loan of $500,000. More details too follow.

02.01.2022 RBA emergency rate cut by 0.25% to a historical low cash rate of 0.25! The question, will the bank pass on the full rate cut? and when.

02.01.2022 Mortgage rate cuts are on the cards after the Reserve Bank dropped the official cash rate for the first time in almost three years ( since August 2016) 1.25% Question is, when and how much of the rate cut will the bank pass on?

02.01.2022 0.10% !! 0.10%! Reserve Bank of Australia (RBA) has cut the nation's official cash rate from 0.25% to a new record low of 0.10%.