Michael

About Michael Luca

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So far Michael Luca has created 9 blog entries.

Can you make extra home loan repayments?

2021-10-22T02:50:52+00:00

Making extra repayments on your home loan can be a clever financial strategy. Investing your extra cash into your home can speed up your loan’s life cycle, with the added benefit of saving money in the long run. However, care must be taken to ensure that extra repayments are planned and the right type of [...]

Can you make extra home loan repayments?2021-10-22T02:50:52+00:00

Fixed rates vs variable – the ins and outs

2021-09-29T01:43:22+00:00

With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of fixed-rate loans before committing to one. When purchasing a property, [...]

Fixed rates vs variable – the ins and outs2021-09-29T01:43:22+00:00

Q&A #4 – the impact of lockdowns on your mortgage

2021-09-20T06:33:41+00:00

Last Q&A of our Lockdowns series: FAQ #4: If I take a payment holiday now, will it impact my ability to refinance in the future? When assessing any loan application, lenders look at your serviceability - that’s your ability to make repayments. That includes your repayment record for any previous loans. So if you have [...]

Q&A #4 – the impact of lockdowns on your mortgage2021-09-20T06:33:41+00:00

Q&A #3 – the impact of lockdowns on your mortgage

2021-09-10T07:43:17+00:00

Today we're sharing the 3rd of our 4 FAQs on the impact of lockdowns on your mortgage. FAQ: I lost income due to Covid lockdowns and therefore can’t pay my mortgage; what can I do? First of all, contact your lender or your mortgage broker. Measures were taken by many banks and non-bank lenders in [...]

Q&A #3 – the impact of lockdowns on your mortgage2021-09-10T07:43:17+00:00

Q&A #2 – the impact of lockdowns on your mortgage

2021-09-03T08:40:08+00:00

Second part of our series of FAQs on some of the main concerns we hear from clients regarding the effect of lockdowns on their mortgage. FAQ: I have been approved for a home loan that has not yet settled and my job is impacted by COVID; will the bank still lend me the funds? You [...]

Q&A #2 – the impact of lockdowns on your mortgage2021-09-03T08:40:08+00:00

Q&A – the impact of lockdowns on your mortgage

2021-08-30T06:22:52+00:00

Repeated and extended lockdowns are putting a lot of pressure on Australians’ finances, and that Delta strain doesn’t look like it’s going away anytime soon. With Greater Sydney in its third month of lockdown, many home-owners fear they may not be able to meet their mortgage repayments, as well as wonder what they can do [...]

Q&A – the impact of lockdowns on your mortgage2021-08-30T06:22:52+00:00

Meet Tanya!

2021-08-30T06:23:49+00:00

As a working mother of young twins, Tanya has proven that she has the tenacity to get the job done and the patience to work through just about any issue. She loves helping people to achieve their dreams. Get to know her a bit more:  

Meet Tanya!2021-08-30T06:23:49+00:00

Is it time to Marie-Kondo your finances?

2021-08-20T07:22:31+00:00

As we approach month three of lockdown, if you're currently Marie-Kondo'ing your home, but have really been meaning to sort out your finances, feel free to give me a call. We have been 'working from home' for a number of years and have all our systems and procedures in place to service our incredible clients [...]

Is it time to Marie-Kondo your finances?2021-08-20T07:22:31+00:00

Contact Info

Level 3, 1 Buckingham Street, Surry Hills NSW 2010

Phone: 0405 113 543