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Best Interest Mortgages

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24.01.2022 INVESTMENTS - WHAT CAN I CLAIM ON TAX WHEN I INVEST? Getting your loan structure right is crucial to making the most out of your assets. With the right property, negative gearing can be attractive to investors because it offers tax relief and financial gains in the long term. ... BUT WHAT EXACTLY CAN YOU CLAIM ON TAX? - Borrowing expenses such as legal costs, stamp duty and Lenders Mortgage Insurance. - Interest and Bank Fees you pay on your loan. - Real Estate Agent fees. - Rates and Body Corporate costs. - Cleaners, Pest Control services and Gardening / Landscaping costs. - Costs to secure, terminate and evict tenants. - Any decline in your property’s value. If you have any questions about Investment loan products, please feel free to contact me on 0422 972 632.

23.01.2022 GREAT NEWS FOR FIRST HOME BUYERS IN THE 2020 FEDERAL BUDGET Those open to buying a brand-new home will benefit from the expansion of the government’s First Home Loan Deposit Scheme. The scheme will be extended to help an extra 10,000 people and the value of the properties eligible will also be increased.... Previously properties worth up to $700,000 in Sydney were covered under the scheme, but this will be increased to $950,000. Melbourne’s cap will be increased to $850,000 and Brisbane to $650,0000. It means that first home buyers with a 5 per cent deposit won’t have to pay lenders mortgage insurance, which means you could potentially be living in your dream home sooner! Contact me for further information on 0422 972 632.

17.01.2022 LOOKING FOR A NEW CAR? DO NOT MAKE THIS MISTAKE... When it comes to paying for a new vehicle, many Australians make the mistake of financing their car through a dealership.... More often than not, they’re paying for the convenience of on-site loans with higher interest rates and hidden fees that can add up to thousands of dollars in the long run. So let's talk about a better way to get a car loan.... I work with several lenders who will smash the rates, fees and service you'd get organising finance through a dealership. You’ll enjoy: - Low & personalised rates - Flexible loan terms to fit your goals (6 months to 5 years) - Fast approval (often as quick as 24 hours) If you’re after car finance, give me a call on 0422 972 632. I’ll find the right car loan for you.

08.01.2022 HOW DO I CHOOSE A HOME LOAN THAT IS RIGHT FOR ME? Choosing a Home Loan can be a daunting experience. There are endless options and mountains of information out there, so how can you be sure that you’re getting the best deal for your situation? Let’s have a quick look at the options:... FIXED LOANS: Your interest rate remains the same over the life of your loan Budgeting is made easy as your outgoing costs are the same each month. Fixed loans don’t offer the flexible features that variable rates do, and you MAY NOT be able to make extra repayments to decrease your loan balance, when times are good. There are a small amount of lenders however that will allow you this extra feature on a fixed product. VARIABLE LOANS: Your interest rate changes as the Reserve Bank adjusts to economic conditions. Variable rates are useful if you’re not worried about fluctuating repayments and want to take advantage of movement in the economy. There are plenty of "add-ons" and benefits of a home loan that you can use to your advantage, including: INTEREST ONLY REPAYMENTS: This helps cover unexpected expenses or negative cash flow strategies. OFFSET ACCOUNTS: Allow you hold savings in a separate account to credit towards your loan balance, which you can access without penalties. ADDITIONAL REPAYMENTS / REDRAW: This means you can use any extra savings on your loan to decrease the balance and access them later, if needed. LOAN SPLITS: This allows you to split a portion of your loan between variable and fixed interest rates, to reduce the risk of unexpected repayment blow out. If you’d like more information on what lenders are currently offering different niches and how you can choose the home loan in your best interest, contact me for a 15 minute chat on 0422 972 632.

03.01.2022 We all know life can get messy! Chances are you’re juggling a career, family and social life, all whilst trying to earn enough money to pay off your mortgage and other debts you’ve accumulated over time. Keeping track of all these small payments can feel like an overwhelming burden. I have a solution that could make your life easier.... Did you know that you can bundle all your debts into your mortgage for one easy repayment? It’s known as debt consolidation and it’s possible if you refinance your home loan. Luckily, the process can be straightforward. We can go through your debts and look at your existing loan together and then I’ll help you find a new lender that will offer a competitive deal. For most lenders, you will have to show: - You’ve held the debt for a minimum of 3 months - Statements or an account showing the debt - That you are up-to-date on your repayments There’s a few other things that are important to consider with debt consolidation so if you’ve been thinking about bundling a few debts into your home loan and potentially saving thousands of dollars in the process, let’s chat! Call me on 0422 972 632 or click the button below and I’ll get back to you soon.

02.01.2022 WHAT IS A PROPERTY VALUATION AND WHY IS IT IMPORTANT? Buying a home is one of the biggest financial decisions of your lifetime and with so much at stake, it’s in your Best Interest to know every little detail about what you’re entering into. A property valuation is an essential step in the loan application process. When you apply for your loan, the lender will send someone to determine the value of the property.... This valuation number may differ from the actual price you pay. Some lender valuations may differ substantially, in which case we may need to explore another option for you if the LVR becomes too high. I can help you find a great lender and answer any questions you may have about property valuations. Give me a call anytime on 0422 972 632 or click below to schedule a call back.