Michael Ferrier - Eadon Home Loans

06/03/2026

Very proud & excited to again be a Main Sponsor with Adelaide Titans Football Club. Wishing the club success & enjoyment for the season ahead. Go Titans.

04/03/2026

26/08/2025

Great news if you are a first home buyer with the federal government bringing forward the increase to the price threshold limits to October 1st. Originally was earmarked for Jan 1 2026. Reach out if you want more information.

Hi!!
Attention to everyone who is a first home buyer or needs to tell someone they care about that wants to buy their first home!

"Great news for Australian first home buyers!
The start date for the scheme has been brought forward to 1st October 2025.
If you have just a 5% deposit, you can now apply — and the property price caps have also been lifted, making it easier than ever to get into your first home."
Call the Eadon Home Loans team to find out more information.


🔒 Disclaimer: Your full financial situation would need to be reviewed prior to acceptance of any offer or product.
Credit License: 389431

08/11/2023

While there’s no crystal ball to predict exactly what the RBA will do next year, there is growing speculation that interest rates will come down in 2024. Let’s see what the experts are predicting.
What the Big Four banks are saying:

Commonwealth Bank - expects there to be four cash rate reductions, kicking off from March 2024 and finishing with a cash rate of 3.10% by the end of next year.
Westpac- is banking on a more gradual decline, starting with a cash rate drop in September 2024 and another one in December to 3.60%.
NAB - is anticipating a cash rate cut in August 2024. It anticipates the cash rate will return to around 3% by early 2025.
ANZ - foresees the RBA pausing the cash rate for an extended period, before easing it towards the end of 2024.

It’s important to remember that the predictions above are not a guarantee. Unforeseen events like changes in global economic conditions or domestic policies can impact cash rate decisions.

Maybe you’re thinking about buying a property once interest rates come down. Talk to us about how a drop in interest rates could affect your borrowing capacity and what you can do now to prepare for a property purchase in the near future.
Call us at Eadon Home Loans to book a free appointment with any of our brokers.
The Eadon Home Loans Team

23/06/2023

Interesting read from Tim Tierney Living Real Estate about the state of play in the property market here in SA.

18/06/2023

A ripper opportunity for 1st Home Buyers. Available for new homes & Land/Construction. Can also be used in conjunction with the Home Guarantee Scheme as well. For more information, please get in touch. 0488 086 484 or email [email protected]

Every South Australian deserves a place to call a home.

So we’re abolishing stamp duty for first home buyers when they purchase a new home valued up to $650,000 or purchase vacant land valued up to $400,00.

We’re also increasing the property value cap of the First Home Owner Grant to $650,000.

01/06/2023

Thanks to Adelaide Titans Football Club for having me onboard. It’s a pleasure supporting your great club. Congratulations on your 20 years. Best wishes for the rest of the season. Go Titans.

MAIN PARTNER 🔵⚪️

We are delighted to welcome back Eadon Home Loans as our Main Partner for season 2033 and wish to sincerely thank Michael Ferrier - Eadon Home Loans for his gracious and generous support.

Michael has over 20 years’ experience as a Mortgage Consultant having worked in the banking industry for over 25 years. As well as this hands on experience, he also has a Diploma of Financial Services – Finance Mortgage Broking. His vast knowledge of all facets of banking gives him an unprecedented level of expertise that will enable him to package the right deal every time for you.

Michael’s expertise encompasses a wide range of financial solutions, specialising in residential home loans, business/commercial loans, plant and equipment finance and leasing. Michael is MFAA accredited and has access to a panel of over 20 lenders.

For Michael it is all about ensuring that you receive the best available customer service experience possible. Be very confident that his passion to exceed your service expectations will ensure you will be in safe hands every step of the way.

p: 8351 9359
m: 0488 086 484
e: [email protected]
w: https://www.eadonhomeloans.com.au

Thank you Michael for your awesome support of the Titans.

12/08/2022

Always nice to get a 5 star rating. Thanks Jessica & Alvin. A pleasure helping you get into your first home.

What a heart felt review Michael received. Well done, not only looking after this client but going on to take care of his clients friend.

09/08/2022

A very interesting Economic update from Bill Evans, Chief Economist from Westpac Group. If you have a spare 45 minutes it's a worthwhile listen. Click on the link below.

21/07/2022

If you know of anyone that may be interested in this government scheme, I can assist.

If this interests you here is a little insight into what Labor have said they will do:

Labor pledged to help more people get into the housing market sooner by introducing the Help to Buy scheme. Under the scheme, eligible home buyers can purchase homes with just 2 per cent deposit. The government will throw in up to 40 per cent of the purchase price of a new home and up to 30 per cent of the purchase price of an existing home.

The shared equity scheme allows eligible homebuyers to:
Get into the market with a smaller deposit and have a lower mortgage and interest repayments (as you’re taking on a smaller bank loan).
Avoid having to pay Lenders’ Mortgage Insurance (which is usually applicable if you have a smaller deposit).
Buy an additional stake in the property (a minimum 5 per cent stake) during the loan period if/when finances permit.
* Help to Buy will be available to 10,000 Australians each financial year.

To be eligible, you must:

Be an Australian citizen of at least 18 years of age.
Earn $90,000 a year or less for individuals, or $120,000 or less a year for couples (note: if your income goes up during the loan period and exceeds the Help to Buy threshold for two consecutive years, you must repay the Government’s financial contribution in part or whole based on your circumstances).
Live in the property as your principal place of residence.
Not own any other land or property – either in Australia or overseas.
Have saved the required minimum 2 per cent deposit and get approved for a home loan with a participating lender.
Pay for any associated purchase costs like stamp duty, legal and bank fees, as well as ongoing property costs like rates, strata and any other bills.

As you can see, it's not simple. If you are interested we are happy to help. Call us to book an appointment to discuss further.
Paul Eadon
Disclaimer statement: Your full financial situation would need to be reviewed prior to acceptance of any offer or product.