Kashish Madhani - Finance Broker - Myloanexpert

10/02/2022

https://buff.ly/3ID1PN2

Been trying to get your foot in the property market? 2022 may be your year! Reach out today to discuss your borrowing power

Australia’s booming property market is set to change gears this year, as affordability limitations, tighter lending and rising mortgage rates weigh on buyer demand.

07/02/2022

Please keep this in mind during these unprecedented times. Need help or just want someone to listen? Please reach out!

05/02/2022

What is a property valuation and why is it important?
Every lender has processes which are unique to them.

However, generally - a property valuation is where lenders assign individuals who’s profession is to evaluate a house and provide a dollar figure for what the house is worth at the time.
The valuation may be based on a number of factors including but not limited to recent sales of similar houses in the area, population and demographics, accessibility of location, property size and property features/layout.

Just like other terms we have discussed before, valuations can also be sweet or sour.

If a valuation comes lower than you expected or lower than the purchase price of the property - then the loan to value ratio will be higher than you planned for which could throw off the whole proposed loan.
If the given value of the house has come at what you expected or higher - then great news as this means everything is going to plan or you have created a sum of equity.

Have you had trouble with valuations in the past or want to know more? Message or call Kashish today on 0415930033.

03/02/2022

Interesting Read for ways you can save money, including with redraw!

Interested in finding out more about redraw? Contact Kashish today!

If you spent too much over Christmas, there are a number of easy hacks to make sure you can save a massive $7000 this year.

29/01/2022

What is a redraw facility?

You know when you make extra repayments on a loan and then a couple months down the track you make a big purchase and wish you could access that extra money?
That is known as redraw.

Redraw is quiet a convenient feature if you want to make more than the required payment each month . Its almost like a savings account but the money you save with the compound interest on your mortgage payments is most likely more than you would get from an ordinary savings account)

Some people like this as it gives you more bang for your buck!

(Fees and charges may apply and are subject to change)

Want to know more about this special feature? Or feel that you do not have the required special features on your loan? Contact Kashish on 0415930033 today for a free consultation!

27/01/2022

More and more people are choosing brokers to provide them with a personalised service that is in YOUR best interest.

https://buff.ly/3qJH0rR

Call or message Kashish on 0415930033 for your first consultation today!

Peak body data suggests that market share is higher than ever – and it’s not even close, as channel obliterates previous numbers

24/01/2022

Mid-week reminder.

Be proud of yourself ❤️

22/01/2022

Why should you go to a broker?

Okay so lets think about the recent Black Friday sales. Let’s be honest - all of us spent a fair bit of time to compare brands, products and offers for the best value for money.

If you expect that level of choice for materialistic goods - I have some good news for you! You an cut all that work out and have a mortgage broker do that work for you so you have access to the best deal possible for your situation.

So what is so special about using a broker as opposed to a bank? See image below!

It is my passion to help you achieve your goals so there is nothing but good intention here.

And guess what? The cost of your consultation is zilch!

Interested in having your very own personal credit advisor?
Call or message me today!

20/01/2022

Today's interesting read!

Please don't hesitate to reach out if you would like to discuss further.

The Reserve Bank keeps interest rates at a record low and maintains its current stimulus, re-emphasising its patience to see inflation and wages growth increase more sustainably before considering a rate rise.

18/01/2022

Always know that you are amazing no matter what!

You can achieve any goal you put your mind to 😃

Call me today to discuss a goal planning session 👍

15/01/2022

Who doesn’t love a good discount?

Sometimes, banks may give favourable individuals an interest rate discount.

Examples include:
- Having a low loan to value ratio
- If you are looking at upgrading your loan
- If you are making an owner occupied purchase (so a property to live in)

Keen to find out more? Message or call me on 0415930033 today!

14/01/2022

Missed our post last Sunday?

Check it out to find out more about Loan to value ratios and lenders mortgage insurance.

OR

Check out this simple blog post from my website:

Keen to discuss your options?

Call or message me on 0415930033 today!

FINANCE TERMS ARTICLE 1 LMI WHAT IS IT? ___ INTRODUCTION Not to be confused with mortgage protection insurance (which is designed to protect the borrower), LMI is insurance that covers the lender’s risk within a residential mortgage transaction should the loan go into arrears and the borrowe...