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Streaming, music, cloud storage, an app you signed up to once and forgot about.Each one feels small. Stacked together, I...
13/10/2026

Streaming, music, cloud storage, an app you signed up to once and forgot about.

Each one feels small. Stacked together, I've seen them hit $100 a week in some cases.

Subscriptions are one of the first things that jump out when we go through statements for a loan application. They're often more surprised than I am. It happens to all of us.

What I look for is whether you're paying your rent on time and saving consistently. If those are strong and there's nothing extreme in the statements, the rest is largely up to you.

Keep what you use, cancel what you forgot, and know what's there before a lender reads it.

Big shoutout to James & Charli on purchasing their first property🏡!It was a pleasure being part of the process and helpi...
13/10/2026

Big shoutout to James & Charli on purchasing their first property🏡!

It was a pleasure being part of the process and helping them secure their home.

12/10/2026

MISCONCEPTION MONDAYS EP 96: OVERTIME/ COMMISSION INCOME

October is a great time of year for those employees that earn ‘extra income’ I.e. overtime/commission/allowances.

Why?

Because we’re now 3 months into the FY and banks will allow you to annualise the income earnt.

Easiest example is if you earnt $10,000 in overtime over the last 3 months, then on average you’re expected to earn $30,000 in the remaining 3 quarters ($40,000 total income).

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Before you refinance, add up what the switch costs.- Mortgage registration fee. The government charge for changing lende...
11/10/2026

Before you refinance, add up what the switch costs.

- Mortgage registration fee. The government charge for changing lenders.

- Discharge fee from your current lender. The amount varies between lenders.

- Application or settlement fees at the new lender. Depends on the bank. Some charge nothing.

- Legal transfer fees. Charges associated with moving the mortgage across to the new lender, and they vary.

- Annual fee. Your new lender might charge more each year than your old one did.

Put the cost of switching next to the potential rate saving and work out how long it will take to reach the break-even point.

If you're planning to sell before then, the refinance may not deliver a net financial benefit. Better to know that before you make the switch.

Myth: Rolling a car loan into your home loan always saves you money.Fact: It can cost you more over the life of the loan...
06/10/2026

Myth: Rolling a car loan into your home loan always saves you money.

Fact: It can cost you more over the life of the loan.

A car loan is generally set up over about seven years. Fold it into your home loan, and that debt gets spread over 30. Lower rate, much longer to pay it off, and more interest paid in total.

I'm not saying don't do it. For a lot of people, consolidating is about breathing room in the weekly cash flow, and that's a fair reason.

The way I set it up is to take the better rate, then keep paying the car loan portion off over something close to the original seven years. You get the cheaper rate without dragging the car loan out for three decades.

Found a better rate at another bank? Show it to the bank you're with before you go anywhere.Get the quote, then put it t...
04/10/2026

Found a better rate at another bank? Show it to the bank you're with before you go anywhere.

Get the quote, then put it to your current lender. It's where I start when a client thinks they're paying too much.

If they match it, you keep the loan you've got, and there are no switching costs to pay.

When they won't budge, I shop the loan around, and even then a move only happens when the savings are big enough to cover the cost of it. I'd rather have you stay put on a sharper deal than shift you for the sake of it.

Making that call is part of what I do for clients. Nobody should have to haggle with their own bank.

Did everyone know that rates went up yesterday?Keen to keep it positive and congratulate Jess & Mylee on purchasing thei...
30/09/2026

Did everyone know that rates went up yesterday?

Keen to keep it positive and congratulate Jess & Mylee on purchasing their first home!

Was an absolute pleasure to assist them and a great result in the end.

Looking to buy your first home but not sure where to start? Reach out today.

Some lenders will now count 95% of your rental income when they work out how much you can borrow.Say your investment pro...
29/09/2026

Some lenders will now count 95% of your rental income when they work out how much you can borrow.

Say your investment property brings in $1,000 a week. Plenty of lenders only count $800 of it. Under a 95% policy, $950 counts.

An extra $150 a week adds close to $8,000 a year to the application, which works out to roughly $50,000 more borrowing power.

Real money. It could be the difference between a $650,000 investment property and a $700,000 one.

A few clients came in hoping for a much bigger jump, and I understand why. Plan around the real number, and it's still a solid step up.

Chasing a 0.1% saving on a refinance can leave you worse off.Switching lenders isn't free. There's a discharge fee, a re...
27/09/2026

Chasing a 0.1% saving on a refinance can leave you worse off.

Switching lenders isn't free. There's a discharge fee, a registration fee and the legal side of moving the loan across. Budget $1,000 to $1,500 for that, and that's the conservative end.

A 0.1% drop might save you $50 a month. It takes a long time to claw back a grand and a half at $50 a time.

I'm not against refinancing. There needs to be enough juice in the deal to cover those costs and still leave you in front. I'll show you the full breakdown before you sign anything, and if the numbers don't add up, I'll say so.

One question I ask early. Any chance you'll sell in the next few years? If yes, the switch probably won't pay for itself.

Six brokers told her no. The deal got done anyway.Her investment property runs as a short-stay rental, and it earns well...
27/09/2026

Six brokers told her no. The deal got done anyway.

Her investment property runs as a short-stay rental, and it earns well. Buying a second one was the goal.

Every answer came back the same. Income from a short-stay rental doesn't count.

There's a reason for it. Short-stay income moves around month to month, and plenty of lenders won't touch it until it shows on a tax return.

We found one that would, using six months of the income actually landing in her account.

The rate sat higher than a mainstream loan, and she went in with her eyes open, because it meant buying instead of waiting. She was rapt.

Once her tax return catches up, we review it and look at moving her across.

A no from one lender is that lender's policy. It says nothing about whether the deal can be done.

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Level 10, 10 Market Street
Brisbane, QLD
4000

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+61401225713

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