Spring is here and we’re offering you a special deal to celebrate.
For all NEW loan enquiries over $250,000 made between today and 30th September, we’ll send you a $200 Bunnings voucher.
Loan must be approved by 31st October 2015.
This is available to new and existing clients – so tell your friends!
Think of all the odd jobs around your new home that this could help you with. Voucher doesn’t include sausage sizzle, that’s just the added bonus you can treat yourself to while you’re there.
Call or email me to discuss your new loan or refinancing requirements.
Other news that’s dominating the headlines is the change to lending criteria for investors. Whether you are an existing investor or plan to invest within the next 24 months, these changes will impact or have impacted you.
The main changes are:
- decreasing loan to value ratio (LVR)
- higher interest rates
- less ability for brokers to negotiate rates and terms.
These changes affect all investment loans – new and existing.
You need to call me if:
- You have an existing investment loan – your rate will have increased and we may be able to change the loan structure to minimise the impact of the rate increase.
- You’re planning on investing within the next 12-24 months – you can start preparing now! While property values are up, we can get the equity out of your existing home and have it sitting waiting for you to invest.
- You’re planning on buying through your SMSF – this is getting really tough as many lenders have stopped loans to SMSF or have really decreased loan to value ratios.
- You’re living in your home that was originally bought as an investment property – check your interest rate and if it’s gone up we can re-negotiate and change the loan to an owner occupier loan.
There are so many changes to home loans right now and the number of loans on offer, as well as features, benefits and conditions have really exploded, so it’s more important than ever to use a broker to assess your needs and cut through the red tape.
Don’t spend your precious time when Tanya and I can do it all for you.
Whatever your financial plans, I’d love to help! Just give me a call and we can arrange a time to chat.
Remember, to keep up to date like our Facebook page follow us onLinkedIn or Twitter.
Regards
Michael
0405 113 543
