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About us

Referrer benefits

Home loans

Choosing a home loan

First home buyers

Commercial properties

Business Loans

Development finance

What $350,000 buys a property investor

August 28, 2015

What $350,000 buys a property investor

Leigh Peteh

August 28, 2015

What $350,000 buys a property investor

Leigh Peteh

August 28, 2015

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Tagged: Investment properties, Residential property, Sydney, Melbourne, Brisbane, Mortgage Broker, interest rates, Property Investor

Newer PostIs property styling worth the investment when selling?

Older PostUpdate : Gosford Waterfront redevelopment

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Buy, sell or renovate? Part 2: Selling
Sydney properties are taking on average 62 days to sell, and 72 days for regional NSW suburbs – so if you are planning to list your property for sale in the current market, we’ve prepared a ‘reality-check-checklist’ so you don’t have any surprises later on.
Link to full article in bio
#Sellinghouses #forsale #housingmarket #buysellrenovate #homeloan #mortgage #Sydney #CentralCoastNSW #property #mortgagebroker #awardwinning #MintEquity

Home loan borrowing restrictions under review
Even if the home loan product you’ve selected has an interest rate of say 3.49%, APRA makes the lender calculate your ability to repay the loan as if the interest rate was 7% or 2% higher than the actual.
This has been standard since 2014 and APRA is now considering removing this guideline, enabling lenders to set their own benchmark.
With low home loan interest rates and a slow property market, removing regulated borrowing capacity guidelines is good for the economy, improve lender competition and will help borrowers get into the property market.
Link to full article in bio
#APRA #InterestRates #HomeLoan #Repayments #MortgageBroker #AwardWinning #MintEquity #Sydney #CentralCoastNSW #homedecor
#exteriordesign #property
Photo courtesy of Julia Kuzenkov from Pexels

First Home Buyer Deposit Scheme – how does it work?

Did you know… Lenders Mortgage Insurance (LMI) almost doubles when First Home Buyers can only provide a 5% deposit? 😮 The costs jump from $12,265 when borrowing 90% to $23,937 when borrowing 95% on a $650,000 purchase? The Government wants to help FHBs, but will you be eligible?
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Photo courtesy of Elle Hughes from Pexels
#firsthomebuyer #mortgage #homeloans #nsw #MortgageBroker #Sydney

Lock it in Eddy! Slashed fixed interest rates as low as 3.49% attracting homeowners and investors
As housing prices have dropped significantly over the last 6 months, selling is no longer a viable option for many. Homeowners are now seeking certainty around cost of funds rather than being subjected to the ups and downs of a variable interest rate.
If you aren’t sure you want to fully commit to a fixed interest rate, you can split the loan into fixed and variable. For example, on an $800,000 loan, you can fix $400,000 and keep $400,000 as a variable component. Any ratio can be applied to a fixed or variable interest rate component. This option enables borrowers to have the benefits of the offset account on the variable interest rate loan, whilst knowing a portion of your repayments won’t change.

Give us a call if you’re considering fixing or want to find out the best interest rate for your home loan.
Link to full article in bio
#FixedInterestRate #InterestRate #RBA #CashRate #AusPol #Homeloan #mortgage #mortgagebroker #awardwinning #MintEquity
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Buy, sell or renovate? Part 2: Selling

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May 24, 2019

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May 24, 2019

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Home loan borrowing restrictions under review

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First Home Buyer Deposit Scheme – how does it work?

May 21, 2019

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May 21, 2019

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