MoneyQuest in Sydney, Australia | Loan service

MoneyQuest

Locality: Sydney, Australia

Phone: +61 418 204 120

Address: PO Box 6068 2170 Sydney, NSW, Australia

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• Financial service
• Loan service
• Mortgage brokers

25.01.2022 *** NSW readies to do away with stamp duty *** In the New South Wales state budget 2020-2021 handed down yesterday, Treasurer Dominic Perrottet revealed plans to reform the inefficient property tax system currently in place, and to do so based on the feedback of the state’s residents. Perrottet proposed transitioning from the current model of a mandatory upfront stamp duty, to one where residents have the choice to instead pay a smaller annual land tax on new property trans...actions based on the value of their land, with rates varying for owner-occupiers, investors and commercial tenants. "If implemented, the proposed changes could give you the freedom to choose between paying stamp duty upfront or paying a much smaller annual property tax, when you buy your next home," reads the NSW Treasury website. Full Article: http://ow.ly/s4MD50Cnt8i Source: Australian Broker, by Madison Utley, 18 November 2020

24.01.2022 Did you know here at MoneyQuest we specialise in helping self-employed clients who want... - to purchase property (residential or commercial) - cash out for business purposes including working capital - funding and haven’t held an ABN for two years... - asset nance - to pay off tax debt to the ATO So, if you're self-employed and need finance contact us, your self-employed finance specialists!

24.01.2022 With the festive season knocking on our doors, we wanted to share a few ideas on how you can join in on the fun in a sustainable way! Check out our latest tips & inspo article https://www.moneyquest.com.au//festive-fun-the-sustainabl/

23.01.2022 Sydney median house prices continue to grow, rising 1.2 per cent to $1,154,406 in the quarter (or 6.8 per cent on an annual basis) Houses have regained just over $13,000 of the almost $22,000 value lost over the June quarter, and are now about $43,500 below the mid-2017 price peak, Dr Powell noted. Despite house values rising modestly, the pace of quarterly growth was almost four times lower than the same time last year. Sydney unit prices also continued to decline over t...he September quarter, down 0.2 per cent to $732,423, The divergence of median house and unit prices has pushed the gap to the largest on record at 58 per cent, Dr Powell said. Full article: http://ow.ly/kWZD50C6Ay2 Source: Annie Kane, Mortgage Business 29 October 2020 & Domain House Price Report for the September quarter 2020

22.01.2022 Did you know there are over two million small businesses in Australia all with their unique services. Getting finance as one of those two plus million can be as difficult as running the business all have unique finance requirements. Are you one of the two plus million Here at MoneyQuest we listen to what you have to say. We will hear your unique story and assist in finding you the finance that’s right for you and your business. Whether it be for a home loan, equipment finance, to pay off tax debt or for a new truck, there is help available - so pick up the phone and call us

20.01.2022 We are definitely feeling those weekend vibes... sunny days, icy cold drinks and of course a sizzling barbie . Yes, it’s time to gather round your family and friends and crank up that BBQ. But if you’re feeling like your outside space isn’t quite ready for launch day just yet this might help, our latest blog how to get your outside space BBQ friendly and ready for summer Check it out here http://ow.ly/CPCL50Cd8XS

19.01.2022 When is the best time to refinance?? Something we get asked often, and with home loan interest rates at a historic low, it must be a good time. Right? Not necessarily so. Refinancing is about a whole lot more than just the interest rate There is no ‘one size fits all’ answer It’s dependent on your personal situation and what’s going on in the world around. Consider what you want to achieve it might be consolidation, improved flexibility, or simply a restructure to suit your lifestyle. Ultimately the best deal for you will balance out your personal needs with what the market can offer. To discuss your options, contact us, your experienced MoneyQuest finance specialists. With access to all the latest market information, we can save you valuable time and possibly a whole lot of money

18.01.2022 WOW rumour has it there are currently a record 29 lenders* offering cashback deals for those looking at refinancing their mortgage, with the big four banks also in on the action. Most of the deals currently on offer are between $1,000 and $4,000 Why you ask The rise in refinancing is forcing banks to be more competitive than ever, they need to be winning new business, not losing it. But, don’t just assume you’ll be better off with a cashback special, you need to make s...ure you will be better off in the long run, not just a short term win. As mortgage brokers we will share the offers currently available, it's our duty to work with you to find the product that's right for you, and in some instances a cashback deal may not be the right one... to find out more let's talk! (* source: Australian Broker)

18.01.2022 This time of the year is hectic for most, and something like refinancing your home loan is not at the top of the to-do list! We get it. But with the new year just over a week away, and we can finally say goodbye to 2020, looking at ways to save to be in a better financial position will be back on top of the list. When the time is right, refinancing your existing home loan is one way to potentially save thousands of dollars, yes thousands of dollars! ... What is refinancing It’s taking out a new loan to replace and pay off your existing loan. It aims to secure a better ongoing rate and save money. There are some great options available with interest rates at a historic low and lender cashback offers available. For more info on refinancing check out our latest blog https://www.moneyquest.com.au//when-is-the-best-time-to-r/

17.01.2022 Have you seen the headlines recently? So many conflicting opinions about whether the Reserve Bank of Australia will drop the cash rate EVEN further than 0.25% Today we received the verdict the cash rate REMAINS at 0.25%! The Reserve Bank is carefully monitoring the state of the economy. Most economic forecasters expect that the Reserve Bank will do what is financially necessary to support the economy and employment opportunities in coming months. So the prospect of an i...nterest rate cut is considered high before the end of the year An area of caution is fixed rates, some lenders have increased some fixed rates in recent weeks. So if your preference is certainly around knowing what your loan repayments are, it might be wise to talk to a MoneyQuest finance specialist to see what has changed Regarding the housing markets, experts have noted that properties in Sydney and especially Melbourne have declined. This is extremely encouraging for all Australians who are hoping to purchase their first property before Christmas, YES, it is much more possible than you imagined If you want to find out more about this finance mumbo jumbo and how you could possibly leverage it to your advantage - send us a message because we genuinely love to help!

17.01.2022 From our family to yours...

14.01.2022 PROFESSIONAL (noun): a person engaged or qualified in a profession. Professionals such as lawyers, accountants, medical practitioners, chiropractors, optometrists, veterinarians, dental practitioners, physiotherapists. Is this you Or, are you in another professional role Well, did you know there are loan products designed with you in mind... No? Well, there is! What’s even better, there are specials, such as one lender currently waiving Lenders Mortgage Insurance premium...s for eligible professionals who have a loan to value ratio of up to 95%. Meaning you could possibly save thousands of dollars on LMI premium costs! Now, how much you could save depends on your circumstances, such as your profession, loan amount, and where your property is located, but we will take you through the finer detail. So, whether buying your first home, your next property or refinancing an existing loan, it’s definitely worth us having a chat, right?

14.01.2022 You read that right The mortgage broker channel has recorded its highest ever market share result with brokers settling 60.1 per cent of all residential home loans during the July September 2020 quarter, according to new data. The figures come in the latest data released by research group comparator, a CoreLogic business, which was commissioned by the Mortgage and Finance Association of Australia (MFAA). MFAA CEO Mike Felton said the result demonstrates the critical ro...le that brokers play in supporting their customers and the economy, and the impact they have made at a time when they were needed most. We couldn’t agree more! Source: Thanks to Annie Kane The Adviser, 26th November 2020 Read full article here http://ow.ly/8uhX50CvSHw

13.01.2022 Are you self-employed... have you considered applying for an Alt Doc loan It's common for self-employed to be unable to meet the standard loan documentation requirements of the big banks and other lenders'. This is because these loans primarily target PAYG workers, who can provide the documentation required. Self-employed borrowers have specific financial circumstances with specific documentation, which often necessitates an Alt Doc loan.... So, if you are self-employed and struggling with getting residential or commercial finance, give us a call to talk through your options what do you have to lose

13.01.2022 Are you one of the converted, a fan of finance specialists and all we do No, well OK, let’s see if this changes your mind. What are the benefits of using a finance specialist you ask? Industry specialists: There are A LOT of lenders, with A LOT of products, and it’s our job to understand what’s available, and be aware of any changes that may impact you. There is also a smorgasbord of grants available, and like loans they too tend not to stay the same. It’s our job to k...now it! Understanding your goals: We make sure we are fully aware of your situation and any specific personal needs. For example, you may be keen to secure an early repayment, fix your interest rate, or have access to your funds at any point we want to find the product that suits your needs! Detail matters: It’s not just about a rate, we will discuss all the nitty gritty. We will show the true cost of a loan, yes, all the fees and charges (aka the comparison rate). We don’t want you to have any nasty surprises along the way! Transparency: We will be completely open with you in terms of your borrowing capacity and if you meet the lenders criteria to obtain a loan. Yes, sometimes we have to say no (for now), but we will work with you to overcome the challenges we identify. We are in for the long haul! To sum it up, we are here to work with you to find a loan, whether it be home, car or business, and to make sure it’s the loan best suited for you, when the time is right. Can we call you a fan now? Of course we can! Now it’s time to take action and call us to discuss your finance needs, what do you have to lose!

12.01.2022 Have a great week!

11.01.2022 What is an alt-doc loan Alt-doc loans cater for people who are self-employed and can’t provide the traditional up to date proof of income information lenders usually require. Simply - it’s as the name suggests, providing ALTernative DOCumentation for evidence of your income. If you’d like to know more about alt-doc loans we are here to help... we specialise in residential and commercial self-employed finance

10.01.2022 Thinking of doing some home improvements to maximise your investment? Not all renovations give back the value you think they might, or should and some even cost far more than they will ever return If you’re keen to improve your home without losing value you'll love our latest blog link below http://ow.ly/YaCp50C1jjj

09.01.2022 When you’ve lived somewhere for a while it’s easy not to notice peeling paint or a chipped wall. But your home will probably be your single ever biggest investment, and just like all of us it needs some regular TLC to stay shipshape. Head to our tips and inspo blog for tell-tale signs your house needs some TLC. https://www.moneyquest.com.au//the-tell-tale-signs-your-h/

08.01.2022 We know that finding the right home loan can be frustrating, time consuming and confusing To help you out we have a great article on our blog that shares five common mistakes to avoid when getting a home loan, you can read the full article here https://www.moneyquest.com.au//home-loans-5-common-mistak/ here's a snippet of what to expect It’s not just about the interest rate, yes, they are important and definitely part of the consideration process but they are not ...the whole story. Check your credit file. All lenders will conduct a thorough check on your credit history before offering you a loan so it’s a good idea to address any outstanding issues you may have long forgotten about. Shop around! Don’t assume your current bank is going to offer you the best deal as a longstanding preferred customer. So, what next? Read the entire article, then take the right step - pick up the phone and call us Here at MoneyQuest Wattle Grove we are all about making the process easier and finding you the right home loan!

08.01.2022 Life is all about choice...

07.01.2022 Who else can relate?! We thought to mix it up and have a little humour to start off the week - tag a friend who may need a smile this Monday morning!

07.01.2022 What is an 'alt doc' loan? Alternative documentation, or alt doc, loans are for self-employed borrowers with income evidence not in the form mainstream lenders generally prefer. When assessing an 'alt doc' application, some of the things considered are: has your business been ABN registered for at least 6 months... has your business been GST registered for at least 6 months Business Activity Statements (BAS) bank account statements an Accountants letter For more information on what can be provided as 'alternative documentation' contact us... your self-employed finance specialists!

07.01.2022 An oldie... but a goodie! #youcandoit

05.01.2022 Sometimes when we experience the first signs of failure, most of us think that it's a sure sign to give up...DON'T! As they say, you gotta be in it to win it!

05.01.2022 Are you still ticking off your spring cleaning jobs, perhaps prepping for the silly season guest rush? Struggling to store your worldly treasures, the ones you know you need to throw away, but just can't bring yourself to do? Well, perhaps this article will help you out... 5 ways to find the space you never knew you had. See the link below. They also say that keeping a clean and tidy home can improve our mental health too, it can't hurt that's for sure! https://www.moneyquest.com.au//stuck-for-storage-5-ways-t/

04.01.2022 Are you interested in knowing how much you might be able to save with a lower home loan interest rate? Well, this calculator will help. Here’s what to do: 1. Click this link http://ow.ly/w1uf50Ch2Ol 2. Enter your loan amount & term in the common loan fields. 3. Enter your existing loan info into the Loan 1 fields.... 4. Enter the lower rate info into the Loan 2 fields. 5. View the results just below the loan tables. 6. Call a MoneyQuest broker (us). Important Note: The results shown are a guide, your specific home loan needs are to be taken into consideration, and that’s where we come in. There are hundreds of options available, and yes rates starting with a 1. So, now go through the steps above and we will speak soon

04.01.2022 Well, who would have thought Home loan interest rates starting with a 1. Yes, you read it right - a ONE!! With the recent announcement of the drop in the cash rate (from the Reserve Bank), some lenders have started to announce rate changes on some of their products. Does your home loan interest rate start with a 1 No? Then it’s time we had a chat to see if we can find you a better ONE (pardon the pun) Oh, and as with all loans T&C’s apply, but we’ll let you know what they are.

04.01.2022 To RELOCATE or to RENOVATE, that is the question If you’re thinking of making a change to your living arrangements and confused about what to do, make sure you read this https://www.moneyquest.com.au//relocate-or-renovate-5-way/

03.01.2022 Recently we shared that the Federal Government had committed to make available an additional 10,000 places under the First Home Loan Deposit Scheme (FHLDS). This week we wanted to update you on the criteria for these places... The additional 10,000 places form part of what is now being called the FHLDS New Home Guarantee (NHG) for new homes and newly built homes. The allocations are available to first home buyers that are Australian citizens and at least 18 years old.... Like the original FHLDS, the New Home Guarantee is means tested. Applicants must have a deposit of between 5 and 20% of the property’s value. It is only available to those wishing to build a new dwelling or purchase a newly built dwelling, your MoneyQuest broker can share with you the definitions of eligible properties. Investment properties are not eligible. If you are single you must have a taxable income of up to $125,000pa for the previous financial year; or a combined taxable income of up to $200,000pa if applying as a couple. There is a revised set of property price caps that also apply for eligible properties under the NHG, that differ from state to state, which your MoneyQuest broker can share with you. AND FINALLY... rumour has it one of the big four has announced it will open a new waitlist for the FHLDS New Home Guarantee, and will start accepting conditional approval applications from Wednesday of this week. For more info on this scheme and to see if you tick all the boxes contact us, your local finance specialists.

01.01.2022 OK, we are sure you have read that refinancing an existing home loan can help in so many ways. If you are thinking of refinancing, here are five things you need to consider: ONE: Interest rates, be mindful that these can fluctuate and are subject to change. TWO: Fees, refinancing comes at a price. Take a deep dive and fully understand the real cost of the change.... THREE: Lifestyle changes, whether you might face challenging circumstances such as loss of income or a job change. FOUR: Long-term plans, consider how long you plan to be in your property so that you can reap the financial benefits of the change. FIVE: Talk to a mortgage broker, have all your questions answered. Interest rates, cash-backs, grants, schemes, fees, stamp duty, the list goes on; they have the answers.

01.01.2022 Identify your 'one thing'!