Garland Finance

CHECK YOUR RATES

I am currently repricing my clients’ standard variable rate loans to make sure they are getting the best rate available from their current lenders. I managed to negotiate an extra 0.46% discount for one client, which is a saving of $191 per month on a loan of $500,00!

Please reach out if you are interested in reviewing your loans, as there are savings to be found.

WHAT LIABILITIES IMPACT HOW MUCH YOU CAN BORROW?

In fact, all liabilities will have an impact on how much a bank will lend to you. It is important to remember that the following are debts that will be factored into the bank's assessment:

▪️ Home loans
▪️ Personal / car loans
▪️ Credit card limits (not just how much you owe)
▪️ HECS debt or student loans
▪️ Afterpay / Zip Pay

To find out your borrowing capacity, please get in touch - [email protected] 🏡 🚗 💸

Calling all chiropractors!

Did you know that one lender has recently added you to their list of professionals who can borrow up to 90% of the value of a property without paying Lender’s Mortgage Insurance (LMI)? That means that you can buy a home with only a 10% deposit rather than the usual 20%!

Other professions that can access similar LMI waiver policies include doctors, solicitors, physiotherapists, vets, professional athletes and accountants.

Please get in touch if you are interested in hearing more about LMI waiver options. 🤓📊📞

Happy long weekend Friday and best of luck to everyone who is heading to home opens this weekend!! ⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Remember to keep your property checklist in mind when you are viewing homes:⠀⠀⠀⠀⠀⠀⠀⠀⠀
- how many bedrooms do you need?⠀⠀⠀⠀⠀⠀⠀⠀⠀
- is it in one of your preferred suburbs?⠀⠀⠀⠀⠀⠀⠀⠀⠀
- what amenities are near?⠀⠀⠀⠀⠀⠀⠀⠀⠀
- is it in your budget?!⠀⠀⠀⠀⠀⠀⠀⠀⠀
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Speaking to a broker before you start looking at properties is a great way to start your own “ideal property checklist”. ⠀⠀⠀⠀⠀⠀⠀⠀⠀
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What do you have planned for this long weekend? ☀️🏄‍♀️🍹