Priya Sood- Mortgage Consultant in Williams Landing, Victoria | Mortgage brokers

Priya Sood- Mortgage Consultant

Locality: Williams Landing, Victoria

Phone: +61 415 282 908

Address: Williams Landing 3027 Williams Landing, VIC, Australia

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24.01.2022 How to calculate your borrowing power One of the most important factors in your home ownership journey is the amount of money you can or should borrow. You want to borrow enough that you can purchase the right property for your needs, yet you don’t want to end up out of your depth in debt. Most lenders rely on their own variation of a basic formula to calculate your borrowing power. They look at six elements of your financial situation gross income, tax, existing commitme...Continue reading

23.01.2022 Is it time to spring clean your finances? Rather than rolling up your sleeves around the house this spring, here are three ways you can spring clean your household finances. 1. Get rid of unnecessary transaction accounts. This can help you keep track of spending and save fees.... 2. Review your spending and update your budget. 3. Consider consolidating debts. This can help simplify repayments, save money and give you a clear timeline to being debt-free. If you'd like to find out more about ways of consolidating your debts, call 0415 282 908 or email - [email protected] #Exceller8 #Exceller8Financial #BespokeLendingSolutions #EducatingClients #ClientsAlwaysFirst #Melbourne #MelbourneFinance #Sydney #SydneyFinance #Ballarat #Geelong #VIC #NSW #QLD See more

20.01.2022 Did you know if a home loan interest rate varies by 0.5% (on a $350K loan), that's a saving of $41,875.00 over the life of the loan? My free loan comparison service tells you how much you could save! Message me for a free check up today! PM me...

19.01.2022 The doors always open. As some places go into lockdown and people loose income there are people out there who will not be able to afford the day to day necessities. If you are concerned about you or your child not being able to eat breakfast or lunch feel free to inbox me with no fear, guilt or shame.... I will do what I can to help. A cooked meal, a box of cereal, milk, bread, sugar, cheese, jam, whatever it may be, I will try to help. Do not feel embarrassed as we all need help at times and we’re all in this together.

19.01.2022 Why do you need a mortgage broker? A mortgage broker is an independent person or business who specializes in finding the most suitable home loan for a customer, based on the customer’s individual needs and circumstances. Basically, like any broker the mortgage broker liaises between you as the property buyer and the banks or lenders who will lend you the money for your mortgage. So why go to a mortgage broker when you can contact the lenders directly? ... Open communication Unlike banks and other lenders, the mortgage broker isn’t looking to sell you a specific product whether it suits you or not the broker wants to give you a full view of the market and find the right product for you. This opens up communication, as the broker needs to find out as much as possible about your requirements in order to select the most suitable loan package. And when you have questions or concerns, your broker will answer these directly. The broker’s communication skills work both ways as they have an ongoing relationship with the lenders, they can negotiate to tailor the loan for your needs. Your broker will also know how long each lender generally takes to approve a loan application giving you a realistic timeframe, so you know when you can start house hunting in earnest. Wide range of options on offer Some lenders will work exclusively with brokers, so they can offer you options that would not be available to you as an individual. Different lenders will differentiate their products with honeymoon rates and special deals, making it more difficult for you to work out who is offering what you actually need and want. The broker will also help you make realistic comparisons between different lenders, so you have a better understanding of what features you are looking for in your own loan agreement. Convenience Your loan agreement is an important financial commitment, and there could be a huge cost difference over the long term between two loans that seem right on the surface. It can take you a great deal of time to navigate the mortgage marketplace, making comparisons and calculations and filling out loan applications and if you take a wrong turn, it can be a costly error. A mortgage broker can navigate the market on your behalf, saving you valuable time and money. If you would like to know more about how a mortgage broker can secure the best home loan package for your needs, contact us today for a free consultation.

19.01.2022 3 Reasons to Refinance... 1. Record Low Rates - Mortgage rates are now at the lowest levels we’ve seen in history. By refinancing you could access a lower interest rate and save thousands of dollars a year. 2. Get a Cashback Rebate - Worried about the costs of changing home loans? Some lenders will give you a rebate which could cover any out-of-pocket costs. This can really help if you have a fixed-rate loan and want to change.... 3. Free-up Cash - If you’ve got equity in your home or investment property, you might be able to access it to invest in another property and grow your portfolio.

19.01.2022 Happy Easter Everyone !

17.01.2022 Sadly, we don’t always know the depths of someone’s depression until it is too late. May I please get 2 people to copy and re-post? I am trying to demonstrate that someone is always listening. #SuicideAwareness... Just two. Any two. Say DONE.

17.01.2022 RBA UPDATE | Effective November 4, 2020 The Reserve Bank of Australia (RBA) has cut the official cash rate 15 basis points to a record low of 0.10 per cent. Please stay happy, healthy and safe. #RBA #cashrate #november2020 #lowered #cut

16.01.2022 Happy Mother’s Day to all the wonderful Mum’s and motherly figures out there

14.01.2022 Sharing a little bit of motivation for the day

13.01.2022 RBA PULLS EMERGENCY LEVER, 2nd Rate cut in March by 25 basis point

13.01.2022 How to maintain a good credit score When you are applying for a loan, the first thing lenders will do is check your credit score and this will have a strong impact on their ultimate decision. So what is your credit score and how do you maintain a good score that will impress lenders? The five elements of your credit score...Continue reading

12.01.2022 What is a comparison rate ?

11.01.2022 Ever transferred money to the wrong person? Mistakes happen! But if you do notice a transaction error, the sooner you report it, the more likely you are to get your money back. If you report a blunder within ten business days, the Financial Ombudsman says the funds will be returned to you. If you tell the bank within seven months, you still have a pretty good chance of getting your money back.... Beyond seven months? Then the recipient needs to agree. What's the biggest transaction error you've made? And did you get the money back? *Source: RBA 2018 Payment Systems report

11.01.2022 Grateful to receive the Certificate of appreciation by honourable Kaushaliya Vaghela MP in the recent Clear Biz’s meet-up on 27th January 2021. Thank you Ash Jindal and Yuvraj Verma.

11.01.2022 How to choose the right property for you Your home is perhaps the biggest investment of your life particularly as it is not just a financial investment, you are also investing in your future lifestyle. Yet many people have a tendency to fall in love with a particular property, and they forget to remain logical in their thinking. As a result, they find themselves owning a property that does not suit their current lifestyle or their future financial plans. So how do you cho...ose the right property for you? Find a property that fits your real-life needs, not your dream lifestyle You might have fantasies of living by the beach or in a small inner-city unit within walking distance of all the pubs and cafes, but how will this choice fit your budget and your long-term lifestyle? Your first home should fall within your budget and it should be compatible with your work and family life. There is no point purchasing a dream property that requires a two-hour commute to work or takes up all your spare money reducing your quality of life. Is it a good investment for you? Investigate the economic possibilities of the location and the property itself to see how it will appreciate over time. Also consider how the property will grow alongside your lifestyle choices perhaps you want to flip the investment property by doing a few renovations and selling for a profit, or perhaps you want to live for a few years in a small house before extending the property to make room for a family. Whatever your plans, your property is an investment tool that you can use to provide for your future. Is the property value accurate? If you fall in love with a particular property, you may trick yourself into wanting to spend more than necessary just to win it. However, it is important to check that you are paying what the property is actually worth. Look at the purchase history of the property and neighbouring properties to see how their value has appreciated, and how much they are all perceived to be worth now. Consider what needs to be done to the property in terms of renovations or repairs in order to make it right for your purposes. Will you need a home loan? Before you commit to a property, look carefully into the financial aspect of the deal. Find out how much you will need to borrow in order to secure the property, and whether you can still maintain your quality of life while paying off the loan. If you need assistance working out how to find the right property for your lifestyle and budget talk to us today

07.01.2022 Trend alert: offset accounts It's not exactly the latest Parisian fashion fad, but Aussies have recently been putting more money into their offset accounts than usual.* So what exactly is an offset account? It's a transaction account that is linked to a mortgage account and it reduces the interest you pay on your loan. That's because you only pay interest on the difference between the amount of money in the account and what's left to pay on your mortgage.... Here's an example: say you owe $350,000 on your mortgage, and have $50,000 in a savings account. If you move that $50,000 into a full offset account, you’ll only pay interest on $300,000. Want to know more? Call or email. *Source: RBA #BespokeLendingSolutions #EducatingClients #ClientsAlwaysFirst #Melbourne #MelbourneFinance #Sydney #SydneyFinance #Ballarat #Geelong #VIC #NSW #QLD See more

07.01.2022 Tip: Watch your credit card limit! Even if your balance is zero, the higher your limit the lower your borrowing capacity.

05.01.2022 Wishing you a Merry Christmas and a happy holiday season! (We've all earned it this year, that's for sure!) #BespokeLendingSolutions #EducatingClients #ClientsAlwaysFirst #Melbourne #MelbourneFinance #Sydney #SydneyFinance #Ballarat #Geelong #VIC #NSW #QLD

04.01.2022 Now more than ever it is important we are reaching out to our friends, family and colleagues and asking them if they are OK. It’s not always easy to keep the conversation going when someone says they’re not OK, but it could change a life.

04.01.2022 The A team for all your finance needs

02.01.2022 In these uncertain times of interest rate changes most mortgage owners are now starting to consider their finance options. Perhaps I can help you, like I was able to with many of your nearby residents. If you require:... , , , , , , Please contact me for a no obligation assessment of your current situation. Priya- 0415282908

02.01.2022 Yet another reason to use a broker? In case you missed it... As of Jan 1, under a new Duty, as a mortgage broker, I have a legal obligation to act in your best interests when recommending a home loan.... Lenders and banks on the other hand, don’t have uphold to the same standard(s) when they offer a loan, as they only offer their own brand and products.

01.01.2022 Tempted to use Afterpay? Read this first Afterpay can certainly be tempting (particularly when late night shopping), but it can lead to consequences that linger long after the new shoe glow has faded. While the Afterpay approval process doesn't (generally) involve credit report checks, Afterpay (and its competitors such as ZipPay) is still a credit liability that needs to be disclosed when applying for a home loan. ... And with the banks pretty rigorous when it comes to approving loans these days, your next property purchase could be held up if you’ve racked up an Afterpay bill. So next time your finger is hovering over the Afterpay button, ask yourself: how will this look on my loan application? Call Priya @0415282908 for obligation free finance health check. #Exceller8 #Exceller8Financial #BespokeLendingSolutions #EducatingClients #ClientsAlwaysFirst #Melbourne #MelbourneFinance #Sydney #SydneyFinance #Ballarat #Geelong #VIC #NSW #QLD