What amount should I get pre-approved for?

Well – you’re thinking about getting pre-approved! That’s a great start and while a lot of other broking firms aren’t keen on pre-approvals. We are! Why? Because: Then you can be really competitive when going up against multiple offers which is common right now Then the bank has agreed that they are happy to lend to you with your circumstances and then the only variable is that they […]

Read More | 20 Jan, 2021

How to Rename an Internet Banking Account

On internet banking accounts you are able to personalise the name of your account, for example “Groceries” or “Holiday savings” – or better yet “Riverside investment property” “Equity release for Bridport” etc so it’s nice and clear. Here are some handy links compiled below explaining how to do this with different banks. (If you find the one you’re looking at is out of date or doesn’t work please just […]

Read More | 13 Jan, 2021

All in One Line?

When you’re building another property onto an existing property (ie: a unit on the back of a house) or when you’re building multiple properties on one title (3 units for example at once) you might find that the lender needs the valuer to value the properties “all in one line” – ie: as though they’re all on one title. Now this can sometimes be confusing to people as […]

Read More | 08 Jan, 2021

What do I need to know about fixing part of my home loan?

We have a lot of clients looking at fixed rates right now given the low rates in the market. I recorded a little video here to help with some thoughts about whether we fix part (not all of your loan): Here’s what I would encourage you to do first up: 1. Read the following articles: The difference between fixed / variable loans:   https://www.uploans.com.au/blog/2017/09/01/fixedvariable/   (note no redraw on fixed, […]

Read More | 07 Jan, 2021

Going through a Separation / Divorce or Property Settlement?

Here’s what you need to keep in mind from a finance perspective. You can absolutely talk to a mortgage broker early in the piece. We’re here to help. When you make arrangements to take over an existing property owned in dual names remember: It’s best if you have spoken to a broker first or gotten pre-approved so you have an understanding of your borrowing capacity. While a broker […]

Read More | 07 Jan, 2021

Will a change in jobs mean I can’t get a home loan for longer?

Here’s the email I received just now: “Hi Kirsty, I wanted to reach out and get your opinion. I am considering changing jobs but am not sure if this will impact me being approved for a home loan, I have been told I would have to show pay slips for the last 6 months from the one employer. I’m not sure if this is correct & this would obviously impact […]

Read More | 21 Dec, 2020

Eating Redraw

I will sometimes talk with clients about ‘eating redraw’ and they generally look at me like I’ve asked them to eat a budgie. OK – that’s a little too close to home given a budgie is sitting on my shoulder as I write this! But here’s a little video to go over what I mean. Often I’ll use this strategy in conjunction with the option not to cross […]

Read More | 27 Nov, 2020

How to screen print your mortgage for your annual check up. 

For us to do your annual check up effectively by phone or email we need to see what you can see! Here are the simple steps to sending us what we need for your annual check up. Log into your internet banking on a computer (I know, I know, phones are so easy!) but they don’t always have the exact information we require. You want to screen print […]

Read More | 16 Nov, 2020