Finance Sorted by Nitya Shivraj

10/05/2023

2023 Federal Budget: Homeownership

* An expansion to incorporate permanent residents into the guarantee schemes

* Broadened eligibility criteria for joint applications

* An expansion to allow more single guardians to use the Family Guarantee

* A change that enables those who have previously owned properties to join the scheme

Good to know there is more inclusion for people in the scheme

09/05/2023

Times are hard for all of us planning, be it if you plan to buy a new home or upgrade your current home or even get on top of your bills.

People with goals succeed because they know where they're going

So be it buying a home or a new car, aim to create a savings plan and speak to a mortgage broker like me to help set these goals for you.




Finance Sorted by Nitya Shivraj

0450 515 051

03/05/2022

RBA cash rate raised to 0.35% from 0.10%

16/03/2022

Excellent post about the difference between a finance broker and financial planner.

Do you need a finance broker or a financial planner?

When taking the plunge into the world of home loans and property investment, the challenge often lies in knowing which expert to approach for help. Brokers and financial planners, although similar in their professional outlook, cater to different financial endeavours.

Brokers that deal in home loans must be qualified and licensed loan advisers with in-depth knowledge of home loans and options suitable for a range of different financial situations. They negotiate with lenders to arrange loans and help manage the process through to settlement.

In contrast, financial planners assist with anticipating and managing long-standing financial outlook. They help sort through and select options for investment and insurance, with attention paid to retirement planning, estate planning and investment analysis.

A financial planner’s work is wide reaching and important to your long-term financial health and stability. Options relating to loans and refinancing can only be recommended by qualified brokers.

There are some situations where it would be best to include both types of financial professional. For instance, if your broker is helping you refinance your loans in order to undertake a financial investment, a financial planner can step in to help you to assess the best investment option for you.

The answer? It depends on your situation.

If you are in doubt give us a call Your Synergy Team 03 8521 6423 and we can help guide you.

01/02/2022

RBA holds rates at 0.1 per cent

30/01/2022

Never write off a true champion 🙅‍♂️
Epic Final 😻😺
Wow just wow
Vamos Rafa

🇪🇸 Rafael Nadal always a legend



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17/01/2022

Maybe you have seen it here and there, but what does LVR actually mean?

When you are working out what amount you can borrow to purchase a property, the size of deposit you need to save, & whether you are eligible for a particular mortgage product, the LVR is one of the most important considerations

So, if the property you want to purchase is valued at $500,000, and you need to borrow $400,000 to pay for it, the loan is 80% of the property value, making your LVR 80%.

Most lenders will finance 80% LVR, or higher with Lenders Mortgage Insurance (LMI), while low documentation loans may be limited to 60% LVR without LMI.

Need to discuss more am here to help

📞 0450515051
📧 [email protected]

13/01/2022

Woot! Woot! Great way to start my year.

Absolutely love what I do everyday which is to make dreams come true. 🎊🎉

But its an awesome feeling when I get to help my own dear friends with their home buying goals and they are stoked about how good their finance journey has been with me. 🗝🪄

Thank you Amit & Shilpi for choosing me to be your finance partner & also the prezzie 🏡🥳🎊

📞 0450515051
📧 [email protected]

10/01/2022

Finance jargon can be confusing. That is why, in the following weeks, we will be releasing a series of definitions with terms to help you through the process. For this week we are taking a look at credit ratings.

Always here for a chat to help you understand finance better. Call me on 0450515051

08/12/2021

Is it just me or are most of you all like this too :P

21/09/2021

I felt that quake, Hope everyone is safe!! Take care.

17/08/2021

My customers win are my wins too!!! 🥳🥳
So delighted today with a land settlement. I was able to help an amazing couple Georgina and Benjamin achieve their First Home Buying goals.

Covid19 did make it challenging for us to get this deal worked on but I ensured we found a solution for my customer’s unique situation. 😎

Trusting me with your finance needs is the biggest compliment i get from my customers
But, oh boy! Am i feeling spoilt and cared for today. 😬☺️

Thanks Georgina and Benjamin for ur amazing hamper 😊