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25.01.2022 The announcement we have been waiting for! I will break down the grants in a separate post

24.01.2022 Further information today....Wednesday, the changes to existing grant and proposed new grants, are due to be released

22.01.2022 THANK YOU FOR YOUR PATIENCE With the recent Govt initiative, First Home Builder Grant, it has created a lot of interest and new enquiries for First Home Buyers. As a result, Donna is working as quickly as possible through the myriad of questions.... If you are yet to hear from her, please feel free to send another message as a friendly reminder, as it may have slipped her attention Thank you for your understanding and patience

20.01.2022 $25,000 HomeBuilder scheme - what we know & don’t know. As many of you are aware, the Federal Government announced they are handing out a $25,000 HomeBuilder grant to new builds and renovations You would be eligible for the grant if you are... 18 years or older Earning less than $125,000 per annum for singles or $200,000 for couples Building a NEW home worth less than $750,000 Undergoing extensive renovations to the value of 150,000 - 750,000 but not exceeding the value of $1.5million You can NOT use the $25,000 if you are an owner builder, meaning if you are doing the build or renovations yourself, you are not eligible. You must be entering into a contract with a builder. Also being excluded are swimming pools, tennis courts, sheds, garages and outdoor saunas or spas. You MUST commence building within 3 months of a signed construction contract & the contract must be entered into between the 4th June 2020 and the 31st of December 2020. You may also use this scheme to compliment the first home buyers grant, stamp duty concession as well as the Commonwealth’s First Home Loan Deposit Scheme and First Home Super Saver Scheme. But here’s where it gets tricky.... The FEDERAL government have announced the grant however, the STATE governments are yet to announce the finalisation of the process & how the funds will be distributed. One of the critical details that is unknown is if the funds will be available upfront or at the end of the construction, which means you may need to put forward more of the deposit at the beginning. As the state government has not yet finalised this, the banks are unable to comment on what their stand on the grant is While the government announces the goods, ultimately the banks maintain control of the funds. We have received so many emails, private messages & phone calls on this matter and we are committed to helping each and every one of you. Hold on tight while the powers to be make up their minds and we will do the rest of the hard work for you! Reach out today and let’s start your process

20.01.2022 Still no change to the RBA cash rate today!

19.01.2022 Wednesday is here and we have a new scenario for you! Meet Kate & James Kate & James enquired about purchasing their own home for them and their pet dog Bruno. Both are working on a casual basis, with regular hours. Kate has only been in her position for 3 months, however worked in the same industry for 3 years. She works a minimum of 25 hours per week. Gross weekly income based on these hours is $625 James also works on a casual basis & has been with the same employer fo...r 3 years. James has consistently worked a minimum of 30 hours per week. His minimum gross weekly earnings are $840 Giving them a combined minimum weekly income of $1465 Kates car loan repayment is $75 per week and she has a current afterpay account, with $500 owing James has no existing debts, however does carry a paid default on his credit history, oops. Based on the information provided above, Kate & James could still qualify to borrow $400,000 to purchase their first home for Bruno however, If they wait until Kates car loan is paid in full, their borrowing capacity could increase drastically to $460,000. What a difference one small $75 weekly payment has on their borrowing capacity.. **These estimates are based on the information provided above, and subject to change, lending criteria will apply.

17.01.2022 Been a little quiet with Facebook posts, as we try to keep up with the industry changes due to COVID19, as well as Federal Government stimulus packages. Now is as good a time as any to review your finances, budgets and commitments to ensure your financial position is working for you. Need a little help to review, please don’t hesitate to call or email any time.

16.01.2022 Life doesn’t come with a manual, it comes with a mother Happy Mother’s Day to all the Mumma’s out there How did you celebrate your Mother’s Day ? This week we are announcing a giveaway as well as coming back to some regular posts during such uncertain times.

14.01.2022 Who else dreams of living in the beautiful hinterlands of the Sunshine Coast

11.01.2022 We are patiently waiting for updates and approval of changes to grants and assistance for home buyers. It is suggested this assistance will not only be for First Home Buyers. We will endeavour to post updates as soon as information is at hand. As always, get in contact if you have any questions.

10.01.2022 Beauty is in the eye of the beholder - Checking for visible flaws prior to a professional inspection, take the time to read this article, there are some valuable tips.

10.01.2022 Happy Wednesday Wednesdays here at Simplified Finance are for educating our likers on REAL LIFE scenarios, that have become successful journeys for our clients, in the hope that we can put more people in the best situation for them This week we have Jesse and Mikaela, a young blended family. Jesse is the sole income earner, while Mikaela stays home to raise their 2 young children.... - Jesse is working on a permanent full time basis, so easily meets the lending guidelines for employment. As his income is to support himself, Mikaela and 2 dependant children, this can impact on the amount he can borrow. - Mikaela receives Centrelink FTB Part A and B, as well as child maintenance for her eldest child, Charlie. Did you know this income is acceptable to assist with the loan? Tax free! Therefore, increasing the amount that Jesse and Mikaela can borrow to build their dream home Does this sound like your household or someone you know? Blended families are becoming more common, as are single income households. Could you qualify for a home loan? Now is the time to reach out and see if that dream can become a reality

09.01.2022 A quick fact sheet covering the HomeBuilder Grant https://treasury.gov.au//2020-06/Fact_sheet_HomeBuilder.pdf

08.01.2022 Happy Friday After the governments exciting announcement yesterday, we have been working full steam ahead to get all of the information available, in order to help YOU get to where you want to be Something you may be wondering is How much does it cost to speak to a mortgage broker? ... Here at Simplified Finance we work for you at NO COST and do not charge you for our service. If a loan is submitted and settled, the bank pays us. Note that this does not get added onto your loan and does not affect the rate or product you are offered. If you would like to meet up and discuss what your Real Estate goals are, we can come to you or alternatively leave a message, and we will be in contact ASAP

08.01.2022 Goodmorning As you all know, we are doing a giveaway today of 1 x $$100 Voucher for the Winners choice of Bunnings, Rosemount Nursery or Coles Myer Gift Card. Congratulations to Rebekah Byrne who has been selected at random via comment picker. Woohooooo we hope you find whatever your heart desires! Rebekah if you could please DM the page to arrange your collection.... #commentpicker

07.01.2022 Builders Low or No Deposit Loans I had a typical enquiry this week asking about how to get into their first home with minimal or low deposit. Builders often advertise that you can buy your first home with no or minimal deposit. How is this possible? What’s the catch?... The Queensland Government currently has a First Home Buyer incentive of $15,000 to purchase or build a new home. This grant can be used as part or all of the deposit, resulting in a low or no deposit home loan. If you were to buy a new home to the value of $450,000, you would only need a deposit of approx $25,000. This deposit can include the grant of $15000, therefore only needing additional contribution of $10,000. This is genuine savings of just over 2%.. Of course the higher the deposit you have, the more choice of financiers and less costs in the long run. Curious and want to know more? Contact Simplified Finance today to see if you qualify

07.01.2022 As promised, here is a brief overview of the Grants currently available in Queensland.......... First Home Owner Grant: $15 000... Value not to exceed $750 000 Not income tested New home or land/house construction only First Home Buyers only Frist Home Deposit Scheme: Government guaranteed 15% No LMI (conditions apply) Genuine savings of 5% required 27 Lenders to choose from Limited placements, 10 000 new spots to be released 1st July Maximum grant $10 000 Single income capped at $125 000 (based on previous financial year) Joint income capped at $200 000 (based on previous financial year) Maximum property value $475 000 (postcode restrictions) First Home Buyers only First Home Builder $25 000 Valid 4th June 31st Dec 2020 New home builds First home owner AND previous home owners Single income capped at $125 000 (based on previous financial year) Joint income capped at $200 000 (based on previous financial year) Build within 3 months of signed contract Home renovations with minimum value of $150 000. NO pools, tennis courts, outdoor spas, detached sheds or garages. All 3 of the above grants can be utilised simultaneously if eligible. That is assistance up to $50 000! If you would like to know whether you would qualify for finance, please don't hesitate to message, email or call.

04.01.2022 Accessing your Super? Have you taken advantage of early access to your Super? Do you think this can be used towards your home deposit? Want to know more, give us a call.

04.01.2022 GIVEAWAY TIME We’re feeling generous in this time of need and are giving away 1 x $100 voucher of your choice. Bunnings Warehouse, Rosemount Nursery or a Coles gift card Let’s go shopping - on us! Wether it be that odd job you’ve been putting off, the indoor plant you love, the new tools or the pantry stock you’ve been meaning to buy, we are here to help! ... Simply - Like this post - Like our page - Tag someone who’s looking to buy their first home or needs a renovation. - Cross your fingers - Share for an extra entry Winner will be announced Sunday 24th May at 10am. *Not sponsored or endorsed by Bunnings, Rosemount Nursery, Coles or Facebook.

04.01.2022 Lending appetite is quickly evolving given the economic impact of COVID19. Today saw a major bank announce that for any Self-employed applicants they will require a minimum 20% deposit to qualify for a loan. Even in the case of joint applications, and one party is a PAYG employee. Although this is only a temporary measure - to be reviewed in 3 months, this demonstrates how quickly things change. Now, more important than ever, confirms how resourceful Mortgage Brokers are in ...the finance sector. Having access to over 72 lenders, 43 of which are residential. Simplified Finance can provide choice and fair competition, get in contact today to see what we can do for you. See more

02.01.2022 Have you entered our giveaway yet? We’re giving away a $100 voucher of your choice (Bunnings, Rosemount Nursery or Coles) for one lucky winner to finish off their isolation projects or just to spoil yourself to something you have been eying off. Tag a friend. ... Like our post Share our post for extra entries & don’t forget to Like our page See more